Home / Knowledge / News / Mines to Market 2007 for all segments of diamond business
Mines to Market 2007 for all segments of diamond business
10
Apr '07
After the tremendous success of the Mines to Market 2005, The Gem & Jewellery Export Promotion Council of India has announced the next of this biennial conference event for Thursday 26th & Friday 27th April, 2007 to be held in Mumbai, India.

Over the last five years, India has emerged as one of the most dynamic centres in the gems and jewellery industry worldwide. An acknowledged leader for the cutting and polishing of diamonds, it is also one of the primary centres for the manufacture of coloured gemstones and a rapidly advancing one for all types of precious metal jewellery.

In spite of the difficult conditions witnessed by the business worldwide in the last few years, India has kept up its performance on all fronts in the gems and jewellery sector. The centre registered an overall growth of 6.57 per cent over the previous year. Total exports of gems and jewellery from India in 2005-06 stood at US$ 16.70 billion, as against US$ 15.67 billion for the previous year.

Cut and polished diamonds contributed to the major share of this amount with an increase of 6.04 percent, to reach US$ 11.86 billion for 2005-06 from US$ 11.18 billion in 2004-05. Gold jewellery exports registered a growth of 2.11 per cent with exports touching US$ 3.86 billion in 2005-06 as compared to US$ 3.78 billion for the previous year. Colored gemstones grew by a creditable 21.16 per cent to US$ 233.53 million as compared to US$ 192.75 million for the relevant periods.

In the past few years the entire diamond pipeline is going through a process of realignment and redefinition. While on the mining front there are new suppliers, new relationships and new equations emerging; where consumer markets are concerned there is also a paradigm shift taking place with a fresh focus on the east, notably China and India.


Must ReadView All

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search