Archive for the 'Gemstones' Category

Geetanjali gems and minerals proposes an SEZ in Orissa

Gemstones, SEZs 1 Comment »

Following is an excerpt from a report in Pioneer.

The Gitanjali Group, one of the oldest leading names in gems and jewellery, has proposed to set up a Special Economic Zone (SEZ) in the State. The group’s infrastructure arm, Gitanjali Infratech Limited (GIL), has approached Chief Minister Naveen Patnaik to set up its eighth SEZ for gems and jewellery.

The company’s chief executive officer Ajit A Vaidya has requested the State Government to allocate land for the purpose. If allowed, it will be the first of its kind in the State, said an officer of the Industries Department. The Gitanjali Group is known for its jewellery brands, Nakshatra, Gili, Desire, Asmi, Sangini and D’dmas in both domestic and international markets. GIL’s existing seven SEZs are spread over Maharashtra, Andhra Pradesh and West Bengal.

While the gross size of the Indian gem and jewellery industry is 20,889.21 million dollars, the country’s jewellery manufacturing is currently only a fraction thereof.

This is predominantly due to lack of availability of organised infrastructure, structured manufacturing and exporting environment, said Vaidya.

Therefore, setting up of more SEZs for this sector would promote export of the Indian products, he said.

The gems and jewellery sector, which is labour-intensive, currently generates more than 3 million jobs with the setting up of SEZs.

As there are more than 2 lakh workers from Orissa engaged in the diamond cutting and polishing industry in Surat, this will help them find jobs in their homeland, feels a senior official.

Diamond mine in Nuapada : Sambada

Diamond, Gemstones, Iron Ore, MINES and MINERALS, Mining royalty, Nuapada No Comments »

20070912sambada-diamond.JPG

Orissa has top notch granite but does not take advantage of it

Balangir, Balasore, Bhadrakh, Gajapati, Ganjam, Gemstones, Granite, Kendrapada, Koraput, Nayagarha No Comments »

Following are excerpts from a report in New Indian Express.

Granite resources abound in State, but the potential is untapped due to lack of promotion and absence of a clear-cut policy.

Orissa has about 20 different colours of granite. Out of the five most-attractive (recognised) colour granite of the world, four are available in Orissa, lavender blue in Berhampur, ikon brown in Paralakhemundi, sweat green in Titilagarh and black in Jeypore vicinity.

In Berhampur, Nayagarh, Paralakhemundi and Balangir, granites of international standard are abundantly available.

Skilled labourers too abundantly available in Bhadrak, Kendrapara and Balasore districts.

As Rajasthan is best known for its marble industry, Orissa can carve a niche for itself in granite sector if a little care is taken by the Government to streamline it, analysts feel.

The existing granite industries in Orissa should be assured by the Steel and Mines department to get the raw materials sufficiently on priority basis. At present, the mine owners, mostly outsiders, are supplying only mining wastes.

Since Orissa’s colour granite is very attractive, the granite processing units in Andhra, Karnataka and Tamil Nadu are taking all quality raw blocks and selling that in the market after processing. In the absence of market linkage for finished products Orissa is losing out on revenue and scope for generating employment.

Traders have demanded that Government … open a granite park/growth centre in Berhampur. The rate of royalty on decorative stone block/granite stone block should be increased to Rs 1500 from the existing Rs 700 on the inter-state sales transactions. …

Proposal to set up a Gems and Jewellery SEZ in Bhubaneswar

Gemstones, INDUSTRY and INFRASTRUCTURE, INVESTMENTS and INVESTMENT PLANS, MINES and MINERALS, SEZs No Comments »

Tahtya reports that Chhatisgarh Futuristic Infrastructure Development Company (CFIDC) has floated a proposal to set up a Gems and Jewellery Special Economic Zone (SEZ) in the state.

The company has come up with a proposal to set up a sector specific G&J SEZ at Bhubaneswar on a land of 150-200 hectare near the air port with an investment of Rs.250-Rs.300 crore.

Samaja also covers in its news.

Oriental Timex acquires mining rights for decorative stones in Malkangiri

Gemstones, KBK Plus district cluster, MINES and MINERALS, Malkangiri No Comments »

News reports mention that Oriental Timex has acquired mining rights for decorative stones at village Potteru in Malkangiri district. Following is a quote from one of the reports.

The company acquired the said rights through a prospecting license dated Apr. 13, 2007, executed between the company and deputy director of mines, Koraput Circle Koraput, government of Orissa.

The decorative stone quarry is spread over an area of 10.279 hectares / 25.40 acres. The deposits in this quarry are of black colour granite stone.

The company said is in the process of complying with the terms and conditions of the prospecting lease.

Orissa mining related links

Coal, Gemstones, Iron Ore, MINES and MINERALS No Comments »

Following is a collection of links that I earlier compiled under the heading “Orissa mining and industries.