Gold jewellery exports from eastern region went up by 39 percent during 2005-06 against national average of 6 percent as the first units at Manikanchan, the jewellery special economic zone (SEZ), became operational.
With only seven of the 28 units operational, the SEZ has cornered substantial amount of business for state's goldsmiths.
Manikanchan alone exported Rs 449 crore during 2005-06 against Rs 92.4 crore in the preceding year.
Manikanchan was inaugurated in early 2003, with only seven units out of total 21 units started manufacturing and exports during July 2004-05.
Manikanchan's exports are likely to increase further this year with another eight units scheduled to begin work. There has been a general improvement in infrastructure.
Dubai has emerged as main buyers market replacing the US. Manikanchan's exports have already crossed Rs 100 crore in the current month, Parekh said.
Parekh, briefing reporters about India International Jewellery Show (IIJS) to be held in Goregaon, Mumbai, from May 4 to 8, said he expected more participants from the east to take part this year.
IIJS, in its 23rd year, expects 30,000 visitors comprising mainly of screened businessmen and industry people, as end users are not allowed, since it will be high-level business meet, Parekh said.
IIJS would be a complete package of buyer-seller meets and seminars.
GJEPC has taken initiative to set up training institute at SEZ for jewellers, for which space has already been provided. The institute is expected to train around 20 students for a reasonable fee.
Union Commerce Ministry has released Rs24 lakh for buying equipment.
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