About SEEPZ Special Economic Zone SEEPZ Special Economic Zone, Mumbai, the frontrunner in Indias exports of Diamond

Studded Jewellery, has perhaps the distinction of having the largest concentration of jewellery manufacturers in the world. SEEPZ Special Economic Zone has been setup by the Government of India, Ministry of Commerce & Industry to create a conducive environment free from domestic regulations, restrictions and infrastructure inadequacies. SEEPZ SEZ is a duty and tax free enclave with proximity to the largest diamond market in the world. With the creation of state-of-the-art manufacturing facility, investing in human resource development, acquiring designing skills and adoption of cutting edge technologies, SEEPZ has emerged as a major production centre for studded jewellery and a brand name in the international markets. SEEPZ was established in 1974 for manufacturing and export of electronic products. The Gem & Jewellery sector was added to SEEPZ in the year 1988-89. SEEPZ was converted from Export Processing Zone (EPZ) to Special Economic Zone (SEZ) in the year 2000. This 110 Acres Zone is one among the top five Special Economic Zones currently functioning in the India. For more information about SEEPZ SEZ please log on About SGJMA The SEEPZ Gems & Jewellery Manufacturers Association provides a platform to take care of common interest of all jewellery manufacturing units located in the Zone. It is a voluntary setup by all the jewellery units located in the Zone and functions on democratic principles. Why SEEPZ One stop jewellery sourcing point in India with concentration of over 150 manufacturers in the Zone. Specialized in the manufacture of diamond / precious stone studded gold / platinum jewellery. World class factories equipped with CAD / CAM and other latest mass production technologies. Band of in-house creative designers. Wall*Mart and other world retailers directly sourcing from SEEPZ units. Proximity to largest domestic jewellery market in the world. SEEPZ Mumbai leads Indias exports of diamond studded jew ellery. Special Economic Zone with Outside Customs Territory of India status. Conducive environment free from domestic regulations, restrictions and infrastructure and inadequacies. Duty and tax free Zone. Positive Government initiative and support. In-house Customs clearance and other support services. Offshore banking facilities providing credit and other services at international norms. Gem & Jewellery sector in SEEPZ Around 150 Gem & Jewellery Manufacturing units with an investment of over 1000 Crores and providing employment to about 35000-40000 persons are currently operating in SEEPZ Special Economic Zone. The product range include diamond / precious stone studded 9, 10, 14 and 18 Kt. gold and platinum jewellery like rings, earrings, pendants, bracelets, bangles, necklaces, nose studs with invisible settings. SEEPZ is having the largest concentration of jewellery manufacturing units in one Zone. Trend of Exports

From a modest beginning in the first year 1988-89 the export sales of gem and jewellery sector in SEEPZ during the period of last 20 years have reached a level of US$ 2155.26 Million in the year 2007-08. Around 60 % of Indias gold jewellery exports to USA is originating from SEEPZ SEZ. Jewellery from SEEPZ SEZ is also exported to Middle East, Europe, Hong Kong, Australia, South Africa etc. For last ten years (US$ in Million) 1998-1999 406 1999-2000 525 2000-2001 507 2001-2002 504 2002-2003 712 2003-2004 933 2004-2005 1023 2005-2006 1352 2006-2007 1962 2007-2008 2156 2008-2009 1684 The withdrawal of US GSP benefit on Indian jewellery and demand slump due to global recession has seriously affected the export growth of SEEPZ SEZ jewellery sector. The units are hopeful of meeting the challenges and forge ahead by looking for newer / alternative markets and diversifying their product range.