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Development Initiatives: Reconstituted in 2003 the National Gems & Jewellery Authority (NGJA) claims that elevation of blue sapphire to the highest national level is one of the many promonational projects of Sri Lanka.Washing gravel is an age - old process for recovery of gems in Sri Lanka. The National Gems & Jewellery Authority's first action in office was the opening of the Association's new regional headquarters building at Ratnapura, the country's colored gemstone capital. In the "City of Gems", NGJA is also undertaking measures to improve its tourist services, to integrate the Ratnapura Gems Museum and its gemstone t collection into the new NGJA building, and to create a new exhibition of gemstone mining equipment used in colored gemstone mining. To ensure the future of a new generation of gemstone miners, NGJA has set up 25 annual scholarships that will be awarded to children of gemstone miners. NGJA is an associate member of the International Colored Gemstone Association (ICA) and endeavours to keep pace with the progress of global colored gems fraternity. Gems Auctions: Periodically gems are auctioned by the Ceylon Chamber of Commerce. Giftsware: Besides jewellery, giftsware items of Sri Lanka sell equally well. The Jewelled Elephants are almost a national symbol. The magnificent elephants are made of hand carved ivory and decorated with blankets of gold and set with gorgeous gemstones in rainbow colors. Modernization: Manufacturers of jewellery in Sri Lanka have long felt the need to upgrade production technique and design for gaining a better foothold in the keenly competitive international market. Therefore, Japanese and Swiss machinery for cutting, faceting and polishing of gemstones is being imported. Mining is also being modernized with foreign capital and knowhow. jewellery : The Sri Lanka Export Development Board and State Gem Corporation have identified jewellery for development as an export-oriented sector. A scheme has been introduced to allow the import of gold, other precious metals and rough gemstones required for the gems and jewellery industry. ) Sri Lanka has a regular Gems & Jewellery EXChange.