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20 October

The government is looking at offerings of the gems and jewellery industry such as organizing common facility centers, and encouraging shipments through online business with a view to promote manufacturing and exports, sources said. The industry has likewise requested augmentation to the entire gems and jewellery sector, and providing level-playing field to foreign mining companies to encourage them to start sales/auction of rough diamonds at special notified zones, they said. The government has recognized champion sectors including leather, gems and jewellery, renewable energy, pharmaceuticals and textiles, to provide hand-holding for investors with an emphasis on improving India's manufacturing abilities. Federation of Indian Export Organizations (FIEO) Director General Ajay Sahai said the industry holds huge potential to boost manufacturing and exports and certain recommendations have been made to the commerce ministry to further push the growth of the sector. Read more at :

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