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Gems & Jwellery Industry

Gems & Jwellery Industry

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Published by ankitabzaveri

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Categories:Types, Research
Published by: ankitabzaveri on Apr 11, 2010
Copyright:Attribution Non-commercial

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07/04/2012

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GEMS & JWELLERY INDUSTRY
Submitted To:
Dr. Vijay Joshi
Presented By:
Ankita jariwala (09)
 
O
VERVIEW
Indian gems and jewelry market is the fastest growing jewelrymarket with annual rate of 15%.
Export of over US$15.5billion; 18% of Indian exports .
India is the largest consumer of gold jewelry in the world for about20%
India is the largest diamond cutting & polishing centre of the world.
Third largest consumer of polished diamonds after the US & Japan.
Account for 60% value share, 82% by carats, 95% of the worldmarket by number of pieces.
Provide employment to 1.5 million workers.
O
ut of 12 diamonds 11 diamonds are polished in India.
 
H
IST
O
RY
India has the largest continuous ligancy of jewelry making sinceRAMAYAN & MA
H
AB
H
ARAT times.
Indians are the first to start jewelry making.
India was the first country to mine diamonds.
Formerly diamonds were cutting & polishing traditionally.
Nowadays diamonds are cutting & polished by adopting new technology.
Many institutes provides degree, diploma & certified courses for gem & jewelry education. For Ex. Indian Institute of Gemology etc.
Gem and jewelry export promotional council worked to promote exportof gems and jewelry.
Government has also introduced many measures to promote gem and jewelry sector.

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