Page 30 - Bullion World Volume 03 Issue 07 July 2022
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Bullion World | Volume 2 | Issue 07 | July 2022
Challenges in jewellery hallmarking
in India and the way forward
the details of the hallmarking center suppliers, and retailers. However
where it is hallmarked, purity / only around 25,000 dealers, mostly
fineness of the metal, type of manufacturers and corporate
jewellery (ring, eardrops, chain, etc), jewellers are sending their goods
and the date of hallmarking. The to the hallmarking centers for
weight of each item also is available hallmarking, and the remaining BIS
in the BIS portal, as uploaded by registered dealers are selling the
the the hallmarking entity or the jewellery coming in hallmarked
hallmarking center. condition from these BIS registered
manufacturers. Data also indicate
Data available at the BIS HUID that 80% of the hallmarking work in
portal indicate that around 11 crore the country is now happening in the
articles, weighing around 1000 10 jewellery manufacturing cities
tonnes of gold, was hallmarked of India such as Mumbai, Kolkata,
in the past year, as against the 4 Chennai, Coimbatore, Ahmedabad,
Mr James Jose crore articles hallmarked every year etc. This is leading to a situation
President
Hallmarking Federation of India prior to the mandatory hallmarking of the country’s hallmarking work
regime. Also, the number of BIS getting diverted to these 10 cities
Managing Director - CGR Metalloys registered jewellers has gone up and in the rest of India, hallmarking
Pvt ltd and CGR Hallmarkers Pvt ltd from 35,000 to 1,40,000 dealers centers are struggling for survival
in the mandatory regime, which with meager volumes.
include jewellery manufacturers,
Hallmarking of jewellery articles
in HUID (Hallmarking Unique ID)
launched on 1st July 2021. It
is a pioneering software-based
traceability mechanism in jewellery
hallmarking and a landmark in
consumer protection, ensuring end-
to-end traceability for the jewellery
articles hallmarked.
The 6-digit alphanumeric HUID code
can be verified from the App - ‘BIS
CARE’ and it reveals
the credentials of the hallmarked
article, such as the name of the
hallmarking entity
(manufacturer, supplier, or jeweler),
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