India Jewellery Park in Navi Mumbai to generate 1 lakh jobs: Maharashtra CM Fadnavis
Reported by Economic Times Industry, not nibnow. We are not the publisher of this story, only the source is.
The planned jewellery park could create around 100,000 jobs, boosting employment and economic activity in Maharashtra, while reinforcing India's role in the global jewellery market.
Maharashtra Chief Minister Devendra Fadnavis said the India Jewellery Park in Mahape, Navi Mumbai, is planned with an investment of around ₹50,000 crore and is expected to generate one lakh jobs. Developed under the Gem and Jewellery Export Promotion Council, the facility aims to strengthen India’s global position in the sector.
The Gem and Jewellery Export Promotion Council is a government-backed body that supports India's jewellery sector, and dedicated parks are used to cluster manufacturing, improve infrastructure, and increase export competitiveness.
- •Progress on the park’s construction and operational launch
- •Details on how the projected jobs will be allocated across skill levels
- •Updates on investment disbursement and any policy incentives tied to the project