Prime Minister Narendra Modi on Sunday said that Gems and Jewellery industry is a prime example of Make in India and Skill India’s potential. Speaking at a conference in Mumbai, Modi said: “Gems & jewellery sector is a prime example of potential of Make In India & Skill India.” Modi added that Diamond merchant’s body should consider taking a census of lowest-paid and least prosperous industry workers. “Council should consider taking a census of lowest-paid & least prosperous persons in your industry,” Modi said. The PM further assured African stakeholders of the industry that India will happily help them develop their gems and jewellery sector. “I assure my friends from Africa that India will be happy to support them in developing their gems and jewellery sector,” Modi said. “Our aim is to make India a preferred destination for (diamond) manufacturing. We are already a cutting and polishing hub. My intention is to make India an international diamond trading hub,” Modi said, addressing golden jubilee celebration of Gem Jewellery Export Promotion Council here through video-conference this evening.
“From just USD 28 million in 1966-67, it has now reached USD 40 billion. Our aim is to transform India in one generation… Our aim is to make India a preferred destination for manufacturing,” he said. In the past 50 years, the Prime Minister said, the gems and jewellery sector has accounted for USD 475 billion of exports despite not having domestic production of either gold or diamond. By giving employment to over 4.6 million people, the industry is a major contributor to the government’s skill India initiative, Modi said.
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“Skill India initiative seeks to make sure that new attempts are made to ensure that the workforce has the necessary skills to contribute to the economy of the 21st century. The gems and jewellery sector employs 4.6 million people, out of this, 1 million are in the diamond industry alone. Thus the gems and jewellery sector is a prime example of the potential of Make-in-India and Skill India,” Modi said.