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The BIS Hallmark is a hallmarking system for gold as well as silver jewellery sold in India, certifying the purity of the metal. [1] [2] It certifies that the piece of jewellery conforms to a set of standards laid by the Bureau of Indian Standards, the national standards organization of India. India is the second biggest market for gold and its ...
The state enforced certification marks presently in India are (alphabetical list): Agmark: for all agricultural products. [2] [3] BIS hallmark: certifies the purity of gold jewellery. Ecomark: an ecolabel for various products issued by the Bureau of Indian Standards. Voluntary and promotional.
A hallmark is an official mark or series of marks struck on items made of metal, mostly to certify the content of noble metals—such as platinum, gold, silver and in some nations, palladium. In a more general sense, the term hallmark is used to refer to any standard of quality.
English: The National w:Emblem of India is derived from the time of the Emperor Ashoka.The emblem is a replica of the Lion of Sarnath, near Varanasi in Uttar Pradesh. The Lion Capital was erected in the third century BC by Emperor Ashoka to mark the spot where Buddha first proclaimed his gospel of peace and emancipation to the four quarters of the universe.
India remains the largest consumer of gold globally, with gold demand rising by 11% year-on-year to 760.40 tonnes in 2018. [ 88 ] According to a 2007 KPMG study, [ 89 ] the largest jewellery market is the United States with a market share of 31%, Japan , India , China , and the Middle East each with 8–9%, and Italy with 5%.
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The company claims that they are the first brand to offer only 100% BIS hallmark gold. [7] Though the company is mainly committed to India, they are also present across the Gulf and Far East markets. [8] In 2012, the company had a turnover of ₹12,000 crore and by the end of 2013, it posted a turnover of ₹22,000 crore.
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