Quote of the day - 16th March 2015:

“The Kerala state budget has added further pain to the jewellery industry. With the state govt raising the VAT to 5% on gold jewellery purchases from small dealers other than RBI and DGFT members, this will impact the small jewellers who are already struggling.”

Kuriappan K Erinjery, State President, The Jewellery Manufacturers Association (JMA)