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Tuesday, 27th July 2004 (6316 views)

Indian weddings are bringing in big benefits for the jewellery industry, as the wedding sector increases each year by 25 per cent.<BR/><BR/>The increase in high-profile weddings has now influenced the growing middle class, with families spending more on ceremonies and jewellery makers and sellers.<BR/><BR/>According to IDEX Online, the jewellery sector is already performing well due to robust economic growth from foreign investment and the wedding trends are boosting it even further.<BR/><BR/>High-ticket jewellery purchases are now no longer seen as luxury spending items by the middle class, due to the developments in the economy within the last few years.<BR/><BR/>The government also plans to introduce policy measures for the diamond and jewellery industries within the next few months, according to Indian Commerce and Industry Minister Kamal Nath.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=3114232"/>

 

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