Overview
Handcrafted Jewellery Manufacturing: Industry Overview
Handcrafted jewellery manufacturing is an artistic industry that combines creativity with precision to produce unique, high-quality jewellery pieces. The global demand for bespoke and artisanal jewellery has grown as consumers seek products that reflect individuality and craftsmanship. From necklaces and bracelets to earrings and rings, handcrafted jewellery offers endless design possibilities, making it a lucrative business for artisans and manufacturers alike.
Subsidy Benefits for Handcrafted Jewellery Manufacturers
Subsidies for handcrafted jewellery manufacturers help cover the costs of sourcing precious metals, gemstones, and other materials. Financial assistance can also be used to invest in specialized equipment for engraving, polishing, and finishing. The subsidies enable businesses to scale production, introduce new collections, and adopt innovative designs that cater to both domestic and international markets.
Who Can Apply for Subsidy?
• Artisans and entrepreneurs starting a handcrafted jewellery business.
• Established jewellery manufacturers seeking to enhance production or diversify their offerings.
• Small and medium-sized enterprises (SMEs) targeting niche markets for custom and artisanal jewellery.
• Businesses with a focus on sustainable and eco-friendly jewellery production.
Eligibility and Document Requirements for Subsidy
1. Business Registration: A copy of the business registration document.
2. Manufacturing Setup: Proof of the production facility, equipment, and capacity.
3. Financial Statements: Profit & loss statements, balance sheets, and recent tax records.
4. Product Innovation: Documentation detailing your unique designs or craftsmanship.
5. Tax Compliance: GST registration and tax-related documents.
6. Subsidy Application Form: A detailed application with a business plan outlining how the subsidy will be used.
Why Choose Dhannaseth for Your Handcrafted Jewellery Manufacturing Subsidy?
Dhannaseth supports handcrafted jewellery manufacturers by providing the financial resources needed to enhance your craftsmanship, expand your business, and innovate your designs. Our expert team ensures that your business can grow sustainably and thrive in the competitive jewellery market.
Document
To apply for the Food Processing Scheme, the following mandatory documents are required for new enterprises (Individuals/Firms) as outlined in the manual
1. PAN Card of concerned/all promoters.
2.Aadhaar Copy & Photo of all promoters/guarantors.
3. Address Proof: Any of the Officially Valid Documents (OVD) such as:
o Utility bill (not more than two months old) from any service provider (Electricity, telephone, post-paid mobile phone, piped gas, water bill).
o Property or Municipal tax paid receipt.
o Ration Card (Individual).
o Driving Licence
o Aadhaar Card.
o Voter ID Card.
4. Details of the site where the unit is to be established, including whether it is owned/rented/leased, along with proof (Lease/rent agreement should be for more than the loan repayment period).
5. Photocopy of Bank
6. Estimates and Quotation of all capital expenditure and machinery and equipment to be purchased. Statement/Bank Passbook for the last 6 months.
For existing enterprises with a turnover of less than 1 crore, similar documents are required, including PAN Card, Aadhaar, address proof, and site details.
If you need more specific information or additional documents, please let me know!
Project Report
Services
Others
- “We help you understand your industry better by providing up-to-date research on trends, demand, and new technologies, so you can make informed decisions.”
- Connecting with Suppliers and Buyers
- “We connect you with trusted suppliers and buyers, making it easy to find quality machinery, materials, and sales opportunities to grow your business.”
- Access to Industry Experts
- “Get advice from experienced industry experts who can guide you on best practices and strategies tailored to your specific needs.”
- “Find the right machinery for your business, with detailed information on suppliers, types, and uses to help improve your production.”
- Sales and Distribution Support
- “We help you connect with the right sales channels and distributors, so you can expand your market and reach new customers.”