The Federation of Indian Chambers of Commerce and Industry (FICCI) and the Israel-Asia Chamber of Commerce (IACC) have announced the creation of a strategic alliance designed to help in the establishment of cutting centers in India. edition of the Economic Times.
To implement the program of this alliance, both organizations will work in two main areas of development of the precious stones and jewelry industry - with consumers and suppliers. In the consumer direction, it is planned to create large "separate" centers for the processing of precious stones, while the suppliers of products will have the opportunity to enter directly into the US market through the IACC.
Ranjana Khanna, Secretary General of IACC, said: "The American jewelery and jewelry industry wants to be part of the Made in India program." International retailers want to increase their presence and their contribution to the Indian market. India has many skilled craftsmen, the quality of the finished products leaves much to be desired due to outdated manufacturing technologies.Each processing center will accommodate all necessary equipment, as well as provide opportunities for training masters, that in the oyu turn allow jewelry from India to become a world-class product, the demand for which will grow both domestically and abroad. "
FICCI is an association of business representatives, its headquarters are located in New Delhi, India. It is one of the key organizations to support many governmental and non-governmental educational institutions.