From The Economic Times
The capital is all set to get its first very own special economic zone (SEZ). The Delhi State Industrial Development Corporation (DSIDC) has tied up with the Delhi Trade and tourism Department to set up a gems and jewellery SEZ in the capital. The project involves an investment of around Rs. 250 crore, excluding the cost of land. The consortium will soon be taking a decision on the financial consultant for the project.
The SEZ is expected to sport global mega brands like Donna Karan and Gucci among others. “We want this to be a world class business hub. The intention is to bring in all the big names like Donna Karan and Gucci into India to exploit domestic strengths and manufacture at low cost. We want to ensure that Indian citizens no longer need to visit Dubai and Malaysia to shop for jewellery. On the contrary, we are looking at capturing the markets in SriLanka and Burma. Delhi should be visited by SriLankans for its state-of-the-art jewellery designs,” Mr. Jalal Srivastav, managing director, DSIDC, told ET.
The mega Project intended at promoting the 7,000 unorganised jewellers across Delhi involves both front end and back end operations. “We are looking at setting up a global business hub involving both national and international players to promote exports of gems and jewellery from Delhi,” says Mr. Srivastav.
The MOU for the mega project has been signed between the DSIDC and Delhi Trade and Tourism Department.
Says Mr. Srivastav: “We have identified about 18 acres of land in West Delhi that will house two hotels, one habitat centre and the gems and jewellery business centres. Apart from that, we are looking another 80 acres of land at Najafgarh for the back end operations. However, the MCD is yet to give its clearance
My wife runs a jewellery manufacturing and retailing business so I have pretty much a first hand experience of how things work in this industry in Delhi
- This is a much needed initiative. We need good designs and good designers badly. We have to move beyong the “kitne tole ka hai” mentality, to appreciating the quality of gemstones and diamonds and the designs. Presence of international brands, right in the center of the city and not in branded boutiques in five star hotels may help. Even the designs that World Gold Council shows in their ads are not available at any jewellers in Delhi. Mumbai is different from Delhi in this regard as it is very common to hear terms such as “bombay design”, “bombay finish” and “bombay making”.
- I am sure there are more than 7000 jewellers in Delhi.
- Front end operations in West Delhi and back end operations in Najafgarh, I think apart from availability of land, accessibility by Delhi Metro could be a factor too.
Daily, I read in the newspapers, about the new metro line from CP to DU running full capacity. It is great news. To sustain the high standard that metro intends to set for Delhi, Delhi Metro must be a profitable venture.
I read about trains being delayed because of overcrowded compartments. I think very soon we might need “Professional Pushers” like those at JR stations in Tokyo. These JR employees, push people when the pneumatic doors are closing, so that they can be packed inside the compartment. Once the doors get closed, there is a lot of space automatically created for everybody to stand comfortably. The Yamanote line, which circles Tokyo like our ring road is the most famous for these professional pushers.
I hope to get a ride of the underground section sometime soon.
The summer in Delhi, seems to be over atlast. The peak summer is the acid test for the Electric Power Transmission companies in Delhi. And this year Tata Power owned North Delhi Power Limited [NDPL] has done much better than Reliance owned Bombay Suburban Electric Supply [BSES]. While the BSES served areas went without power for hours together, NDPL served areas were never without power for more than a few minutes.
People also complained of poor response from BSES customer care centers. While people who had to deal with NDPL were a happier and satisfied lot.
And when i happened to visit the BSES office a couple of days ago to register a complaint, i heard a BSES employee cribbing about how badly BSES treated them as compared to how NDPL treats it’s staff. He was telling his colleagues that NDPL had given Titan watches to all it’s employees. And NDPL was also offering an interest free loan to all it’s employees to buy Tata Indicas and Indigos.
Reliance was busy deciding which brother gets Papa’s watch and which brother gets papa’s car. And so the employees were getting nothing. Else i could have had a better and cooler summer 😉
Maruti Suzuki has launched a new model called Swift.
It has this retro looks and is catching on like anything.
With so many cars being launched recently, I did not give it much attention when I read about it in the newspapers first. But when i saw it on the road..it is a real head turner … by Indian Standards atleast…. going by the overdose of ugly cars that we have.
The Delhi Metro construction near my home and office has been a major cause of Traffic Jams for more than an year now. The construction was supposed to be done in such a manner that be minimum inconvenience, though the actual situation was far from it.
On the other hand, the price of our house has almost doubled in the last few months. The Real Estate experts and the newspapers attribute the rise to the Delhi Metro. An article in The Hindustan Times said that this is not the peak, the prices will firm up further, until the Metro station goes operational.
You bet I am now willing to accept the traffic jams, the return has been more than good 🙂
There is so little local content on the internet for a city like New Delhi.
And whatever little there is seems to be very timed [most of it is not relevant any more]. I am a member of many networking centric email groups about Delhi, but very little exchange of value seems to be taking place there.
There seems to be so less of theme or interest based interaction amongst us Delhiites. Could it be because we do not have enough hobbies or enough time to devote to those hobbies. Sometimes i wonder if that is true for all developing nations.