Page 8 - Bullion World Issue 10 February 2022_Neat

Bullion World | Issue 10 | February 2022

Mandatory hallmarking;

Challenges of two-tier cities

Bullion World team had an
exclusive interview with
Mr Harshad Ajmera, from AGRM
and J J Hallmarking Centre at
India Gold Conference 2021,
Jaipur. Mr Ajmera shared insights
on the challenges faced inside
the hallmarking centres of two-
tier cities. He also talked about
his viewpoints on the refinery
segment and how India made
gold bars can come mainstream.
Mr Harshad Ajmera
Secretary AGRM, J J Hallmarking Centre

As you are a part of the hallmarking centre yourself, what are the
challenges with the new rule of enforced mandatory hallmarking?
How well is HUID accepted till now?
Government has taken the initiative of putting HUID in the mainstream
since 2014 to improve the trade practices in the jewellery sector; it
took these many years to implement it thoroughly. All the hallmarking
centres abide by the rule of HUID and work as per requirement. The
challenges faced in the hallmarking centres: The government has
mandated hallmarking in the B to B channel, and since there are 18-20
manufacturing zones within India. So the pieces of jewellery are made
accordingly and transferred to the states as well as exported as per
requirement.

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