MUMBAI: The Gem and Jewellery Export Promotion Council (GJEPC) on Wednesday hailed Maharashtra’s decision to approve the Gems and Jewellery Policy 2025, saying the move will give a strong push to the entire ecosystem — from manufacturing and exports to skill development and employment generation.

The policy aims to attract investments worth Rs 1 lakh crore and create over 5 lakh new jobs, marking a major step towards transforming Maharashtra into a global hub for jewellery manufacturing, exports, and design.

“This landmark initiative will not only strengthen Maharashtra’s position as a leading jewellery manufacturing centre but also bring about a qualitative leap in areas such as skilling, technology upgradation, and value addition,” said GJEPC chairman Kirit Bhansali.

GJEPC, has been

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