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India's gem and jewellery exports on the up

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Wednesday, 20th April 2005 (5904 views)

Latest figures released by India's Gem and Jewellery Export Promotion Council (GJEPC) show that India exported $15.67 billion worth of gems and jewellery during the fiscal year ending March 2005.<br/><br/>The amount was up by 29.2 per cent compared to the previous year, according to Rapaport.<br/><br/>Additional figures showed jewellery exports reached $3.81 billion, up by 42.23 per cent, whilst imports were up by 23.65 per cent.<br/><br/>Chairman Bakul Mehta, said: "Keeping in view the achievement, the targets for fiscal 2005-06 and 2006-07 have been revised upwards to $18 billion and $20 billion respectively."<br/><br/>The data was announced today at a special press conference in New Delhi.<img alt="track" src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=8317820"/>

 

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