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On Anniversary, BAJUS Celebrates Jewelry Industry's transition To Golden Era

SM Salahuddin, Senior Output Editor  |
Update: 2023-07-17 21:28:05
On Anniversary, BAJUS Celebrates Jewelry Industry's transition To Golden Era

On the occasion of its 58th founding anniversary, the Bangladesh Jewellers Samity (BAJUS) stands tall as a pivotal force in the nation's gold sector, with a notable focus on ethical business practices and fostering growth. 

In this transformative journey, Sayem Sobhan Anvir, the visionary president of BAJUS, has brought about significant advancements in the industry.

The association has now been working to transform the gold sector in Bangladesh in a number of ways, including:

Promoting the use of hallmarked gold: Hallmarking is a process that ensures the quality of gold jewellery by stamping it with a government-approved mark. BAJUS has been working to promote the use of hallmarked gold in Bangladesh, as it helps to protect consumers from fraud and ensure that they are getting the quality of gold they expect.
Improving the standards of the gold industry: BAJUS has been working to improve the standards of the gold industry in Bangladesh, through initiatives such as training programmes for goldsmiths and jewelers. This has helped to raise the quality of gold jewellery produced in Bangladesh and make it more competitive in the international market.
Promoting the export of gold jewellery: BAJUS has been working to promote the export of gold jewellery from Bangladesh. The association has been participating in international trade fairs and exhibitions, and has also been working to develop new markets for Bangladeshi gold jewellery.

Since its establishment in 1966, BAJUS has played a crucial role in advocating for the rights of jewellers, and in recent years, under Anvir's dynamic leadership, the organization has accelerated its efforts to modernize and enhance the competitiveness of the gold sector.

Sayem Sobhan Anvir's tenure has been characterized by a profound dedication to innovation, quality, and sustainability, resulting in substantial advancements within the industry. 

Anvir's commitment to upholding quality and authenticity has been a game-changer for the industry. He has spearheaded initiatives to standardize gold quality assessment procedures and promote the use of hallmarks, ensuring that customers receive genuine products. This has significantly bolstered the reputation of Bangladeshi jewellers and increased consumer confidence in the sector.

Moreover, Sayem Sobhan Anvir has focused on enhancing the capacity of the industry by establishing training programs and workshops for jewellers. These initiatives have significantly improved the quality of craftsmanship in the sector, fostering a culture of continuous learning and improvement.

As BAJUS celebrates its 58th anniversary, it is evident that the organization, under the visionary leadership of Sayem Sobhan Anvir, has been an instrumental catalyst for positive change in the gold sector. Through various initiatives, BAJUS has transformed the industry and made significant contributions to Bangladesh's economic growth.

Moving forward, with Sayem Sobhan Anvir at the helm, BAJUS is poised to continue its journey of innovation and growth. The organization remains committed to its mission of promoting a vibrant, sustainable, and globally competitive gold sector in Bangladesh.

BAJUS urged the government to consider the maximum limit for bringing jewelry under the baggage rule and demanding a ten-year tax holiday for gold refineries, highlight the organization's persistent efforts to further develop the precious metal industry in Bangladesh. The proposed reduction in Value Added Tax (VAT) from 5% to 3% and the call for clear policies in the jewelry industry underscore BAJUS's commitment to promoting a thriving and valuable sector.

As the president of BAJUS, Sayem Sobhan Anvir's vision of a flourishing jewelry industry in Bangladesh has come to fruition with the support of the government. His readiness to set up a mega jewelry factory in the country demonstrates his unwavering determination to take the industry to new heights.

With the support of skilled artisans, the government, and gold businessmen, the jewelry industry in Bangladesh is poised for a golden era of development, driven by innovation, sustainability, and ethical practices, all under the inspiring guidance of Sayem Sobhan Anvir.

BDST: 2328 HRS, JULY 17, 2023

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