Ahmedabad: Ahmedabad witnessed the presence of industrialists connected with the plastic industry from Gujarat and other states in the country at the PlastIndia-2026 ‘Bharat Next’ program, held in the presence of Deputy Chief Minister Harsh Sanghvi. The objective of this program was to gather the stakeholders of Gujarat’s plastics manufacturing sector and present the future development vision of this industry. The ‘Bharat Next’ roadmap was unveiled during the program, in which a target has been set to take the valuation of India’s plastics industry to $50 billion by 2026. Industrialists from various states were present at the program organized as…
Author: Melvyn Thomas
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Mumbai: Bharat Diamond Bourse (BDB), the world’s largest diamond trading hub, has been conferred with the Excellence in Surveillance Award at the prestigious IFSEC India Awards 2025, recognising its leadership in security management and advanced surveillance practices. The IFSEC India Awards are among the most respected recognitions in the security and safety industry, honouring organisations that demonstrate innovation, operational excellence, and a strong commitment to safeguarding people and assets. This accolade underscores Bharat Diamond Bourse’s consistent focus on creating a secure, resilient, and technology-driven environment for the global diamond trade. Bharat Diamond Bourse is the world’s largest diamond trading complex,…
Surat: Industrialists, traders, and investors from the diamond and textile city of Surat, along with stakeholders from South Gujarat, will gather under one roof at a special programme organised by the Southern Gujarat Chamber of Commerce and Industry (SGCCI) focusing on investment and global business opportunities in Botswana. A high-level delegation from Botswana, led by senior government officials, will visit Surat on December 19 to explore business partnerships and investment avenues. The delegation includes Bogolo Joy Kenewendo, Minister for Minerals and Energy, Botswana, and Dr. Phenyo Butale, Minister for International Relations, Botswana. SGCCI President Nikhil Madrasi said that the delegation…
Surat: The entrepreneurs in the world’s largest Surat diamond industry are pinning all their hopes on the 2025 holiday season in the United States (US). According to the CNBC/NRF Retail Monitor powered by Affinity Solutions, holiday sales are set to rise at 3.7% to 4.2%, taking seasonal spending beyond $1 trillion for the first time. US retail sales recorded solid year-on-year growth in November, pointing to a steady start to the 2025 holiday season, according to the CNBC/NRF Retail Monitor powered by Affinity Solutions. Total retail sales excluding autos and fuel rose 4.53% year on year, while core sales grew…
Surat: The textile city of Surat is all set to take a giant leap in 3D printing technology to enhance the popularity of fabrics manufactured in the country’s largest man-made fibre (MMF) industry. The Southern Gujarat Chamber of Commerce and Industry (SGCCI) in collaboration with SEWA and Setu had organized an interesting seminar on the transformative potential of 3D Printing Technology under Progress 2.0 in Manufacturing Technologies. In this program, Meet Dave of Make3D.in, a leading Indian 3D printer manufacturer, provided useful guidance as the keynote speaker. In his 45-minute address, Meet Dave highlighted the advancements in 3D printing, showcasing…
Surat: With Gujarat witnessing a rising trend of cyber fraud cases targeting individuals, especially the senior citizens, there is a growing threat against the entrepreneurs, traders, and business community who are at the serious legal and financial risk–the misuse of bank accounts as so-called ‘mule accounts’. Senior police officials in Gujarat have warned that the cyber criminals, sitting in India or abroad, have devised a new and dangerous modus operandi where the bank accounts of unsuspecting individuals, employees, or small investors are used to route money obtained through online frauds. Deputy chief minister Harsh Sanghavi has directed the Gujarat police…
Surat: Even as the US has imposed a 50% tariff on Indian goods including gems and jewellery, the diamantaries in the world’s largest diamond cutting and polishing centre in Surat are laughing away to their banks. For the first time during the ongoing recession in the Surat diamond industry, November was a boom month. Compared to November 2024, there has been an increase of 45 percent in the export of natural diamonds and 16.33 percent increase in the export of lab-grown diamonds in November 2025. According to the diamond traders, after the tariffs were imposed in August, American traders had…
Gandhinagar : The Government of Gujarat is organising the Vibrant Gujarat Regional Conference (VGRC) across four regions of Gujarat to realise the vision of Viksit Bharat @2047. As part of this, the district-level Vibrant Gujarat Regional Conference was held at Asopalav Lawns in Veraval, a flagship event of the Kutch and Saurashtra Regional Conferences. During the conference, industrialists signed MoUs worth over ₹270 crore with various industrial units to accelerate the development of Gir Somnath. District Panchayat President Sushri Manjulaben Muchhar stated that the Vibrant Summit, launched under the visionary leadership of the then Chief Minister and current Prime Minister…
Surat: Picture putting on a leather jacket, stepping out in attractive shoes, or carrying a wallet that appears expensive but doesn’t hurt animals, make you feel bad, or have a story that is based on new ideas and caring for the earth. It might sound too good to be true, but it’s real. A visionary textile businessman from Surat, the diamond city, has turned apple trash from Himachal Pradesh’s apple juice factories into high-quality vegan leather. This has turned something that was once thrown away into something useful, long-lasting, and important around the world. Apple Waste Challenge in Himachal Pradesh…
Surat: The Southern Gujarat Chamber of Commerce and Industry (SGCCI) has made a detailed representation to the Union Finance Minister Nirmala Sitharaman on the implementation of faceless assessment and faceless adjudication mechanism under the Goods and Service Tax (GST). SGCCI president Nikhil Madrasi said that the Faceless Assessment Scheme and Appeal Scheme implemented under the Income Tax system has proven to be a historic and successful scheme, due to which transparency and efficiency in the tax system have increased significantly. The elimination of personal contact has brought uniformity in the decision-making process and the confidence of the taxpayers has been…
