Jewelry manufacturers strive to improve infrastructure

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Jewelry makers here have appealed to the county council and relevant government agencies to improve the infrastructure in the main business centers of the city of Coimbatore.

This was one of the resolutions of the recent annual meeting of the Coimbatore Jewelery Manufacturers Association.

The association said that Raja Street, Big Bazaar Street, Oppanakara Street, Cross Cut Road, 100 Feet Road, Saibaba Colony and Ganapathy dominate the city’s business activities.

These attract thousands of customers every day from different parts of Coimbatore and other counties.

To meet

Officials should hold discussions with companies in these areas and identify infrastructure needs. Business here would improve with better infrastructure, it said.

In addition, Raja Street and Big Bazaar Street were prominent business districts in Coimbatore in earlier times. Now companies with inadequate infrastructure were on the verge of closure.

Thygai Kumaran’s market spanned 5.25 hectares. The county government and Coimbatore Corporation should consider developing this area into a premier business center with ample parking. This would benefit the entire business ecosystem in these areas. As for hallmarking, the association said that the Bureau of Indian Standards (BIS) mandatory Hallmarking Act states that any jewelry offered for sale over two grams should be hallmarked.

Before melting the unsold hallmarked gold jewelry or repairing the jewelry, the registered HUID number on the Manak online platform should be removed. This was not practical for the jewelers.

‘Change of Law’

Therefore, the law should be changed, it said. Jewelry makers should be allowed to wear the goods without hallmarking if they were taking them with them to display the products to buyers. When a buyer selected a product, it could either be labeled by the manufacturer or the retailer. After confirming the hallmark, the suppliers could collect the tax invoice, it said.


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