FedEx Deal to Boost Indian Exports

By John Jeffay / November 27, 2023 / www.idexonline.com / Article Link

(IDEX Online) - Indian manufacturers are piloting a partnership with FedEx for direct and affordable doorstep deliveries of jewelry or loose diamonds worldwide.The GJEPC (Gem & Jewellery Export Council) says the move, designed to cut out the middleman and boost exports, will allow its members to send an $800 parcel for as little as $24.The initiative is initially open to the GJEPC's 2,200 members in Gujurat state. The plan is to roll it out to the rest of the country.  "The operation will be run in such a way that a piece of jewellery or loose diamond that is placed on the e-commerce site by a trader from Surat or any other Gujarat city can be bought by someone, say a New York resident, by entering into a business deal with the seller," GJEPC Gujarat assistant director Rajant Wani told The Indian Express.Delivery to any part of the US will be made within seven days of despatch.

Recent News

Smaller juniors still financed even in more cautious market

January 13, 2025 / www.canadianminingreport.com

Gold stocks shrug off equity market decline on metal gain

January 13, 2025 / www.canadianminingreport.com

Geopolitical risk outlook unclear after US election

January 06, 2025 / www.canadianminingreport.com

Low valuations offer a cushion to mining sector

January 06, 2025 / www.canadianminingreport.com

Polarized gold and iron ore moves, moderate aluminum and copper gains

December 30, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok