FedEx Partners with GJEPC to Expand Indian Jewellery Exports

FedEx GJEPC MoU is making waves in India’s export sector as Federal Express Corporation (FedEx) signed a fresh agreement with the Gems and Jewellery Export Promotion Council (GJEPC) to strengthen India’s gems and jewellery exports.

The agreement is aimed at providing exporters with a stable and time-limited access to international markets by means of enhancing logistics and global shipping.

Jewellery and gems industries contribute close to 6.8 percent of the total merchandise export of India and millions of employment in manufacturing, designing as well as trade. As the Indian jewelry gets more and more demand all over the world, GJEPC is straining to enhance exporter competencies through sound logistics and trade facilitation.

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The members will also receive personalized international shipping services under the MoU of FedEx GJEPC, such as time-definite delivery, combined custom clearance, end-to-end shipment visibility, and exporter-centric knowledge initiatives, such as seminars and webinars.

Nitin Navneet Tatiwala, the Vice President of FedEx in the Middle East, Indian Subcontinent and Africa, opined that the future of exports will also be determined by the efficiency with which goods are shipped out of India by the Indian sellers to the global consumers. He also said that the partnership is a long-term commitment by FedEx to develop effective supply chains to Indian exporters.

As GJEPC Chairman, Kirit Bhansali pointed out, the collaboration will enhance the logistics base, particularly in MSMEs and exporters of cross-border e-commerce products and services to have a reliable door to door delivery and understand better procedures to enter new markets without fear.

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