The Telegraph
Thursday , January 23 , 2014
CIMA Gallary

Work to begin on gems park

Calcutta, Jan. 22: The construction of a gems and jewellery park at Ankurhati in Howrah district of Bengal is likely to begin in March.

The project, spearheaded by the West Bengal Industrial Development Corporation, will be developed on a 7-acre plot and will include both domestic and export-oriented units.

The target is to make the allotments by 2016. The space for the units will be leased out for 99 years, an official said. Artisans will get smaller spaces at subsidised rates.

Meanwhile, the Manikanchan gems and jewellery special economic zone in Calcutta reported a 28.34 per cent growth in exports at Rs 11,571 crore in 2012-13.

According to a report by Frost & Sullivan in association with Assocham, around 98 per cent of the jewellery exported from Bengal include handcrafted plain gold and studded jewellery.

“Calcutta is popular for its lightweight plain gold jewellery, which finds a large market in Tamil Nadu,” said Digbijoy Chakrabarti, director (public sector & government consulting practice), Frost & Sullivan.

Skills training

Assocham is expected to enter into a tie-up with the Bengal government next week to provide free training in jewellery-making.

Sankar Sen, chairman of the gems and jewellery council of Assocham, said the initial target would be to empower 5,000 students in the next five years.