The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

Tuesday, 11th May 2004 (5845 views)

Gold jewellers are focusing on exports as a key area in India and are opening manufacturing units and design centres to boost quality.<BR/><BR/>According to reports it is hoped that exports will increase by around 30 per cent this year from new demand created by better designs and product quality, reports Hindustan Times.<BR/><BR/>Vice-chairman of the Gem and Jewellery Export Promotion Council, Bakul R Mehta told Reuters: "There is a potential to repeat last year's performance, but I think a growth rate of about 30 per cent is possible this year, and that will be considerably good."<BR/><BR/>The industry is also working towards promoting Indian gold jewellery in Hong Kong, the US and the Middle East.<BR/><BR/>India is the world's largest consumer and importer of the yellow metal and its key product is handmade jewellery, accounting for a quarter of exports.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=2601709"/>

 

« Back to Gold News stories