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Tuesday, 11th May 2004 (6177 views)

Jewellery is set for huge growth in India according to latest results, with a host of special offers being set up for jewellery producers.<BR/><BR/>According to Rapaport News there will be 60 new jewellery production factories by the end of 2004.<BR/><BR/>In addition the Gem and Jewellery Export Promotion Council (GJEPC) claims that by 2007 around 3 million people will work in a jewellery mass production company.<BR/><BR/>A key player in top gem-set jewellery growth in India is De Beers, which launched three key brands and a supplier initiative which boosted Indian jewellery.<BR/><BR/>Among the designs were rings, pendants and earrings in white, two-tone and yellow gold in the Asmi range, and gold items featuring solitaire diamonds in the Arisia collection.<BR/><BR/>De Beers changed trends in India and now rather than just focusing on traditional designs for special occasions a host of new jewellery brands in the Indian market are continuously introduced.<BR/><BR/>Total exports reached $12 billion in fiscal 2003-2004, according to GJEPC figures.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=2600247"/>

 

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