In India the jewel industry contributes extensively to the economy as well as it also provides huge employment opportunities in the country.
(prHWY.com) October 30, 2011 - Jaipur, India -- The gem & jewelry industry is undoubtedly the fastest growing industry in the world with day to introduction of new trend of jewelry. Over the last five years India has been one of the acknowledged as one of the primary sectors of manufacturing colored gemstones. In India the jewel industry contributes extensively to the economy as well as it also provides huge employment opportunities in the country.
Various mines of precious stones ranging from moonstones to sapphires and the polishing business of uncut diamonds the jewel export industry can surely establish a Global brand position for India. India is the leader in the manufacture of emeralds and tanzanites and Jaipur, the pink city, is the most important area in the industry of jewel export. Jaipur itself engages over 1 lakh people in this trade. Over the years, India maintained its performance in the gem and jewelry sector.
There is a statistic that 14 out of every 15 diamonds in the world are cut and polished in India and the annual exports exceeded $28 billion even the most crisis year. There is a stable growth of 30%-35% every year in this industry.
TYPES OF EXPORT MATERIAL
India has brought a new marketing strategy in the diamond industry by introducing "affordable diamonds" so that all the ladies in the world can own diamond. This has democratized diamonds which once belonged to the privileged society only. This sector has a huge market in India and abroad alike. This market encompasses various kinds if jewels including gold, colored gemstones, costume jewelries, platinum and diamonds. The sector is expected to register a compound growth rate of 13 % during 2011-2013. this forecast is given by RNCOS.
There are many categories of jewel export like gold jewels,
red ruby, precious stone, imitation jewels, and
labradorite etc. The traditional designs of India is famous worldwide and the works include minakari, kundan, kokatta cuts from northern india and the temple jewels from southern India.
There are many types of council which establish the maintenance of the export industry like GJEPC (Gem and jewelry export council of India) And GJF(all India gems and jewelry trade federation).
The statistics of export are
Diamond - 64%
Gold-30.47%
Gemstone-1.44%
Others-1.04%
The major destinations for jewel export are:
* United States -28%
* Hong kong -21%
* UAE-15%
* Singapore-9%
* Belgium-8%
FUTURE
The future of Indian jewelry industry lies in finding new markets and in adding value. Worldwide, jewelry is a big business, which is extremely lucrative as margins are high compared to diamonds, as branding can demand high premiums.
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About the company - We are wholesaler, manufacturer and exporter of loose gemstones beads and rare shape beads. We try to give the best quality gemstone in lowest price possible. We make our products in our very own factory with mature and trained workers.
Media Contacts:
Company Name: Jewels Exports
Website Url:
http://www.jewelsexports.com/
Address - F - 14, AWHO Coloney, Block A, Sector 2, VIdhyadhar Nagar
Jaipur, Rajasthan 302023, India
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