India Fastest Jewellery Market
Posted by Matthew on August 30th, 2010India has been announced as the fastest growing jewellery market in the world – these are the recent announcements made by officials as the 27th edition of the India International Jewellery show was kicked off. The chairman Vasant Mehta of Gem & Jewellery Export Promotion council said that the country was the fast becoming the sourcing hub of jewellery. He claims that the sector itself is leading in India’s foreign exchange and that the jewellery industry contributes to 13 percent of India’s merchandise exports. As a result it employs a total labour workforce of 1.5million workers. Backed up by a skilled labour and easily available raw materials it’s set to lead the jewellery market.
Even more bling: