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Wednesday, 29th June 2005 (8924 views)

New figures have revealed that India's jewellery market is now worth more than Rs58,000 crore.<br/><br/>According to the survey by the Gitanjali Group, gold jewellery is the first metal of choice amongst Indian consumers.<br/><br/>However, the use of diamonds in jewellery is becoming increasingly popular.<br/><br/>Local jewellers and malls are the key areas Indians like to go to purchase jewellery, with consumers becoming more mobile and having access to more money.<br/><br/>Figures show that there are now more than 5,000 retail stores that sell jewellery in the area.<br/><br/>Gitanjali is a leading gem and jewellery group which owns the well known Gili brand.<img alt="track" src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=16049404"/>

 

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