Industry of gems and jewellery standing strong: Suresh Prabhu

New Delhi, Nov 1(IEBusiness) Union Minister of Commerce and Industry Suresh Prabhu on Thursday said that the country has made a big difference in the gems and jewellery industry, with the sector standing strong.

He said that gold is an investment and is consumers’ choice, especially during the festivals.
Inaugurating the MMTC’s (Metals and Minerals Trading Corporation of India) 39th edition of ‘Festival of Gold’, Prabhu said that MMTC has established a direct link with the consumer preferences and is serving their cause.

He further appreciated MMTC as PSU for its endeavours and enterprising spirit.

The Minister said that the Corporation has been a part of several initiatives to promote consumer interests over several years and mentioned about the recent ‘Indian Gold Coin,’ an initiative of the Government, which was for the first time.


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