jewelry exports
In India, jewelry exports are looking up with the government
giving the right impetus for jewelry exporters. They do not need to go
through any intermediary agencies for gold or silver, and this will help put
them on par with countries in the Emirates in regards easy availability of
gold.
This positive measure will be a facilitating step to which will give the
needed push to plain gold jewelry besides becoming a foreign exchange
earner. Opportunities will also increase for labor in the country.
To further boost jewelry exports from India, the industry has been working
to improve its designs to make them acceptable internationally. The
industry has tied up with leading international design institutes and has
also held jewelry shows in India in the past three years. This effort has
already reaped dividends. Its proof lies in the fact that a US based
retailing giant has begun sourcing jewelry from India.
India's jewelry exports looks as if it is headed in the right direction.
The industry has acquired a make over. The employment of new equipment has
led an estimated million dollars in sales, which makes India the largest
exporter in diamond jewelry.
In the jewelry exports market, India's 2500 diamond exporters are making
plans to venture in finished jewelry too. With the news of tariff removal,
most jewelers have increased their sales projection. India is presently the
No 1 exporter of small/medium-sized diamonds to USA.
Recommended resource :
http://www.gjepc.org/ - official website of The Gem and Jewellery Export Promotion Council, India. It is a showcase of innovative designs and latest fashion from over 10,000 diamond and jewellery manufacturers and exporters of Indian gem and Indian jewelry industry.
Author F. Peris. copyright data 2004 Indianchild.com