The US, HongKong and UAE were the top exporting markets for the Indian Gem and Jewellery products followed by Singapore and Belgium accounting for nearly 80 percent of total exports. On the import front, total imports of Gem and Jewellery grew by 31.99 percent to 13.86 billion for the period Jan-Dec 2005 from USD 10.50 billion in Jan-Dec 2004.
Gem & Jewellery Export Promotion Council is an all - India apex body representing more than 7000 jewellers from India. Set up in 1966, it operates under the supervision of the Ministry of Commerce, Government of India and elected representatives of the industry. The Council is a non-profit organisation involved with service to the nation.