Gold business in Thrissur

The Gold business in Thrissur is a major revenue earner for the economy of Kerala, India. About 500 kg of gold jewellery is manufactured every year in state, the majority of which is done in Thrissur, making the city a hub of gold business and gold jewellery manufacturing in Kerala and South India.[1] All major jewellery groups in Kerala have manufacturing facility and showrooms in Thrissur.

## History

[edit]

Muziris, as shown in the Tabula Peutingeriana, with a "Templum Augusti".

Thrissur's destiny with gold started a long way back with Roman and Arab traders in the lost port city of Muziris in Kodungallur. The bad days of goldsmiths started when Economic liberalisation in India began in 1990's. The repeal of the Gold Control Act, introduction of provisions relating to gold in the Foreign Exchange Regulation Act, 1973, and the grant of permission to Non-Resident Indians (NRIs) to bring in up to 5 kg, subsequently raised to 10 kg of gold on payment of a small duty in foreign exchange. This was the last nail in the coffin of the goldsmiths.

The de-regulated gold sector offered a huge opportunity for businesspersons from Thrissur and India. Some of the goldsmiths turned into businessman and later into wholesale dealers of gold jewellery. But the sector was lacking from employment problem. Most of the traditional goldsmith families next generation opted out from this old profession. Thus it attracted unskilled workers which in turn ran most of the jewellery business in Kerala now. But that change was short-lived. Craftsmen from West Bengal and Orissa were the main attraction in 2000 because of their skills.[2][3]

## Employment

[edit]

A showroom of Kalyan Jewellers in Thrissur city. The city is the hub of gold jewellery manufacturing in Kerala

There are around 3,000 gold ornaments manufacturing units in Thrissur city and 40,000-odd artisans and others work in these units.[3][4][5] The industry provides direct and indirect employment to 200,000 people in Thrissur.[6][7] The artisans based in these units, craft nearly 85 percent of one tonne gold which is used per day in Kerala. About 90 tonnes of gold was being used annually in Kerala for manufacturing of ornaments daily.[3] According to Chief patron of the Jewellery Manufacturers' Association P V Jose there are over 6,000 jewellery shops in Kerala, most of which are in Thrissur. At least 20,000 workers from West Bengal and Orissa are employed in gold manufacturing units, according to him.[3]

## Areas

[edit]

Majority of the gold ornaments manufacturing units are artisan type located within a radius of 25 km mainly centered at Thrissur, Cherpu, Perinchery, Chevvur, Ammadam, Avinissery, Nallankara, Velur, Amballur, Vallachira, Kizhakkumpattukara and Ollur.[3][8]

Swiss-cast 1 kg gold bar

* Gold jewellery manufacturing sector
* Plain gold jewellery
* Studded jewellery
* Silver jewellery
* Costume jewellery
* Pearl jewellery
* Diamond jewellery
* Imitation jewellery manufacturing sector
* Copper based
* Brass based
* Synthetic gem-cutting and polishing sector

## International Gemological Institute

[edit]

The International Gemological Institute, the world's largest independent laboratory for testing and evaluating gemstones and fine jewellery, has started its first laboratory for South India region in Thrissur. It is also first satellite laboratory of IGI in India. The satellite laboratory has a staff of 15.[9][10]

## Thrissur Gold Ornaments Cluster

[edit]

Government of India under the cluster development programme of Ministry of Micro, Small and Medium Enterprises, prepared an action plan to build a cluster for gold ornaments in Thrissur in 2005. The consortium has 22 small scale industrial units as members engaged in the manufacture of good quality gold ornaments. It is situated at Nellankara, about 7 kilometres away from Thrissur. The consortia also started common marketing and procurement of raw materials. It also build a common platform in the name and style of Trichur Gold Manufacturers Society. The consortia organise common training programme for artisans and company owners, participation in jewellery shows and other programmes of common interest.[11]

## References

[edit]

1. ^ "Cheaper homes do the trick". The Economic Times. 23 August 2009. Retrieved 13 December 2010.
2. ^ "Past masters". The Hindu. Archived from the original on 11 July 2011. Retrieved 13 December 2010.
3. ^ a b c d e "Job migration and exploitative practices". The Hindu. Chennai, India. 13 March 2007. Archived from the original on 8 November 2012. Retrieved 13 December 2010.
4. ^ "Kerala shines in gold ornament export". The Economic Times. 20 August 2005. Retrieved 13 December 2010.
5. ^ "No impact of recession on gold business'". Business Line. Retrieved 13 December 2010.[permanent dead link]
6. ^ "Kerala Hosts First Gem & Jewellery Show". Diamonds Net. Archived from the original on 26 July 2011. Retrieved 13 December 2010.
7. ^ "Exhibition on gold jewellery from November 14". The Hindu. Chennai, India. 6 October 2008. Archived from the original on 13 October 2011. Retrieved 13 December 2010.
8. ^ "DIAGNOSTIC STUDY OF GOLD ORNAMENTS JEWELLERY CLUSTER THRISSUR" (PDF). msmefoundation.org. Archived from the original (PDF) on 13 June 2010. Retrieved 13 July 2010.
9. ^ "IGI sets up first satellite laboratory in India at Thrissur". The Economic Times. 28 May 2009. Retrieved 13 October 2010.
10. ^ "International Gemological Institute Opens First Satellite Lab in Thrissur". BusinessWeek. Archived from the original on 9 October 2012. Retrieved 13 October 2010.
11. ^ "Gold Ornaments Cluster". MSME-Development Institute, Thrissur. Archived from the original on 19 October 2010. Retrieved 13 December 2010.

* v
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Thrissur

History|

* Chera Dynasty
* Kingdom of Kochi
* History of Kerala
* Sakthan Thampuran
* Kodungalloor
* Cochin Royal Family
* History of Thrissur

Administration|

* Central Prison, Viyyur
* Thrissur City Police
* Thrissur Public Library
* Thrissur Metropolitan Area
* Ollur (Assembly constituency)
* Thrissur Municipal Corporation
* Thrissur Lok Sabha constituency
* Thrissur (Assembly constituency)
* Sakthan Thampuran Bio-Waste Treatment Plant
* Thrissur Urban Development Authority
* Thrissur Corporation Electricity Department

Geography|

* Thekkinkadu Maidan
* Vadakkechira
* Vanchikulam
* Padinjarechira
* Vilangan Hills
* Puzhakkal River
* Thrissur Kole Wetlands

Culture|

* Puli Kali
* Aanayoottu
* Thrissur Pooram
* Naduvil Madhom
* Vadakke Madhom
* ViBGYOR Film Festival
* Edakkunni Uthram Vilakku
* Feast of Saint Raphael, Ollur
* G.Sankara Pillai Cultural Complex
* Thrissur International Film Festival
* International Theatre Festival of Kerala
* Thrissur Pooram Exhibition

Temples|

* Paramekkavu
* Chembukkavu Bhagavathy Temple
* Kanimangalam Sastha Temple
* Vadakkumnathan Temple
* Thiruvambadi Sri Krishna Temple
* Panamukkumpally Sastha Temple
* Poonkunnam Shiva Temple
* Poonkunnam Seetha Ramaswamy Temple
* Kuttankulangara Sri Krishna Temple

Church|

* Euphrasia Eluvathingal
* Mart Mariam Big Church
* St. Anthony's Forane Church
* Basilica of Our Lady of Dolours
* Our Lady of Lourdes Metropolitan Cathedral
* Syro-Malabar Catholic Archdiocese of Thrissur

Healthcare|

* Trichur Heart Hospital
* Westfort Hospital
* Aswini Hospital

Residential areas|

* Ayyanthole
* Aranattukara
* Chiyyaram
* Kannamkulangara
* Koorkenchery
* Kottappuram
* Kuriachira
* Kuttumukku
* Laloor
* Mannuthy
* Mission Quarters
* Nadathara
* Olarikara
* Ollur
* Poothole
* Poonkunnam
* Pullazhi
* Puzhakkal
* Ramavarmapuram
* Thalore
* Viyyoor

Other topics|

* List of hospitals in Thrissur
* List of people from Thrissur
* List of Thrissur Corporation wards

Education

Universities|

* University of Calicut
* Kerala University of Health Sciences
* Kerala Agricultural University

Engineering
colleges|

* Maharaja's Technological Institute
* Government Engineering College, Thrissur
* Vidya Academy of Science and Technology

Medical colleges|

* Government Medical College, Thrissur
* Jubilee Mission Medical College and Research Institute
* Amala Institute of Medical Sciences

Colleges|

* Academy of climate change education and research
* College of Fine Arts, Thrissur
* College of Horticulture
* Government Law College, Thrissur
* Kerala Veterinary College, Mannuthy
* St. Thomas College, Thrissur
* St. Mary's College, Thrissur
* Sree Kerala Varma College
* St. Aloysius College, Thrissur
* Sri C. Achutha Menon Government College
* Vadakke Madham Brahmaswam Vedic Research Centre
* Vimala College

Institutes|

* Kerala Lalita Kala Akademi
* Police Dog Training Centre
* Civil Defence Training Institute
* Excise Academy and Research Centre
* Kerala Forest Research Institute
* Kerala Fire and Rescue Services Academy
* Kerala Sahitya Academy
* Kerala Sangeetha Nadaka Academy
* Centre of Science and Technology for Rural Development

Ayurveda
colleges|

* Vaidyaratnam Ayurveda College
* National Research Institute for Panchakarma

Economy

Ayurveda|

* Oushadhi
* KP Namboodiris
* Thrissur Ayurveda Cluster
* Vaidyaratnam Oushadhasala

Finance|

* Chit fund
* Lord Krishna Bank
* South Indian Bank
* Catholic Syrian Bank
* Kerala State Financial Enterprise
* Dhanalakshmi Bank
* Manappuram General Finance and Leasing Ltd

Retail|

* Kaja Beedi
* Rajah Motors
* Kalyan Silks
* Kalyan Group
* Kalyan Jewellers
* InfoPark Thrissur
* Jos Alukka & Sons
* Steel Industries Kerala Limited
* Steel and Industrial Forgings Ltd
* Sitaram Spinning and Weaving Mills
* Lulu Convention Centre
* Thiruvambady Convention Centre, Thrissur
* Gold business in Thrissur

Central
business district|

* Kokkalai
* Puzhakkal
* Swaraj Round
* Sakthan Thampuran Nagar

Transport

Railway|

| Stations|

* Vallathol Nagar
* Mullurkara
* Wadakkanchery
* Mulankunnathukavu
* Punkunnam
* Thrissur
* Ollur
* Pudukad
* Nellayi
* Irinjalakuda
* Chalakudi
* Divine Nagar
* Koratty

|

Lines|

* Shoranur – Cochin Harbour section
* Guruvayur–Thrissur spur line

Road|

| National highways|

* National Highway 544 (India)
* National Highway 66 (India)

|

State highways|

* State Highway 22 (Kerala)
* State Highway 49 (Kerala)
* State Highway 50 (Kerala)
* State Highway 51 (Kerala)
* State Highway 58 (Kerala)
* State Highway 59 (Kerala)
* State Highway 61 (Kerala)
* State Highway 62 (Kerala)
* State Highway 69 (Kerala)
* State Highway 74 (Kerala)
* State Highway 75 (Kerala)
* State Highway 76 (Kerala)
* State Highway 77 (Kerala)

Bus stations|

* Shaktan Thampuran Private Bus Stand, Thrissur
* Thrissur KSRTC Bus Station

Air|

* Kuttanellur Heliport

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* WikiProject

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