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World’s Largest Jewellery Park

26 Jan 2024

One of the key objectives is to support micro, small and medium enterprises.

The MoU was signed by Hon’ble Chief Minister of Maharashtra Shri. Eknath Shinde and GJEPC Chairman Mr. Vipul Shah

The Gem & Jewellery Export Promotion Council (GJEPC) and the Government of Maharashtra marked a significant milestone with the official signing of a Memorandum of Understanding (MoU) during the World Economic Forum 2024. The agreement paves the way for the development of India's first and largest Jewellery Park in Navi Mumbai.

Vipul Shah, Chairman, GJEPC said, “Jewellery Park in Navi Mumbai is a dream project for Maharashtra and India which is in line with our beloved Prime Minister Narendra Modi’s vision of Make in India.”

“This collaboration is an immense privilege and a source of great pride, representing a shared commitment with the Maharashtra Government to propel the gem and jewellery industry to new heights. This will be a game changer for not only the state of Maharashtra but also the Indian economy as the visionary project comes with a substantial investment and is expected to generate 100,000 new jobs in the sector. 

Expressing GJEPC commitment to complete the work of Jewellery park in 36 months within the start of the project, Vipul Shah extended gratitude to Chief Minister Eknath Shinde and Deputy Chief Minister Devendra Fadnavis for invaluable support.


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