Home / Knowledge / News / Fashion / Sterling performance by gems & jewelry sector

Sterling performance by gems & jewelry sector

03
Feb '06
Reports show that India's gem and jewellery sector has progressed with increasing domestic sales as well as growing exports.

In 2005, the gems and jewellery exports reached the US $17 billion mark, a 14.8 percent rise over 2004.

Gem & Jewellery Export Promotion Council (GJEPC) of India revealed that growth was primarily because of the sales in cut and polished diamonds (CPD) segment with a rise of 19.29 percent in value and 9.74 percent in volume terms.

The export sales of CPD grew to $12.3 billion during Jan-Dec 2005 from $10.3 billion in the corresponding period in 2004.

Exports of coloured gemstones reached $222 million, a 15.03 percent rise over 2004 and the gold jewellery exports remained at $3765 million

Highest growth in diamond jewellery sales in India was recorded in Hyderabad with diamond sales up by 37 percent.

Total imports of gem and jewellery grew by 31.99 percent to $13.86 billion for the period Jan-Dec 2005 from $10.50 billion in Jan-Dec 2004.


Must ReadView All

UK Chancellor of the Exchequer Rishi Sunak. Pic: GOV.UK

Textiles | On 4th Mar 2021

More support measures for workers, businesses announced in

British chancellor of the treasury Rishi Sunak recently announced...

Pic: Shutterstock

Textiles | On 4th Mar 2021

China releases guideline for green, low-carbon economy

China's State Council has released a guideline to accelerate the...

Pic: Shutterstock

E-commerce | On 4th Mar 2021

UK e-com market 3rd-largest in world following record 2020

The e-commerce market in the United Kingdom is now the third-largest...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal, Madhuram Fincap Pvt Ltd

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Textile Industry, Head honchos

Textile Industry
Head honchos

Cooperate and collaborate for greater good

Top executives, Textile industry

Top executives
Textile industry

Customised t-shirts is not a fad

Nick Isles,

Nick Isles

The Condé Nast College of Fashion & Design or CNC as it is known as,...

Umang Banthia,

Umang Banthia

Established in 2005, SL Banthia Textiles manufactures coated fabrics....

Kuldeep Pareek,

Kuldeep Pareek

Italian company Schoch Reeds has been producing high-quality weaving reeds ...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Daniel Odermatt, Ventile

Daniel Odermatt
Ventile

Ventile is a registered trademark used to brand a special high-quality...

Matthew Kolmes, Supreme Corporation

Matthew Kolmes
Supreme Corporation

Supreme Corporation manufactures innovative specialty yarns and safety...

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

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

Leave your Comments


February 2021

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


Advanced Search