Market Research Reports, Inc. has announced the addition of “Gems and Jewelry Market in India 2013” research report to their offering.
Lewes, DE -- (SBWIRE) -- 11/15/2013 -- Gems and Jewelry Market in India 2013 report mentions that the players operating in the gems and jewelry market will benefit from the high demand being witnessed for their products. The sector is one of the leading foreign exchange earners for the country. A number of reasons has aided growth in this sector; the most important being the love that Indians have for jewelry, especially gold. However, Indians are increasingly willing to spend on other forms of jewelry such as diamonds and gemstones studded in gold or precious white metals such as platinum. This trend will help in the development of the overall jewelry market and the country may not just remain one of the largest processors of rough diamonds, but may start consuming a lot of the finished, polished diamonds as well.
Although there are several industry bodies working for the development of the market, the high imports of gold into the country has resulted in several attempts by the government to restrict imports as well as reduce the consumption of gold. This is largely in order to correct the unfavorable current account deficit that the country is facing. Also, the beneficiation program in Africa acts as a threat to diamond processors in India. However, despite these challenges, the market is expected to continue to develop. Moreover, mandatory hallmarking of jewelry has ensured that the market will continue to grow steadily over the next few years.
Spanning over 166 pages, List of Tables 21 and 27 figures, “Gems and Jewelry Market in India 2013” report provide operator strategy, business development and/or corporate development team. For more information visit: http://www.marketresearchreports.com/netscribes-india-pvt-ltd/gems-and-jewelry-market-india-2013
In addition to covering the Overview of Macroeconomic Indicators, Introduction, Value Chain, Market Overview, EXIM, Drivers & Challenges, Trends, Industry Bodies and Associations, Government Policies and Initiatives, Competitive Landscape, Strategic Recommendation, Appendix. The report cover 20 companies- C. Mahendra Exports Ltd., Flawless Diamond (India) Ltd., Gitanjali Gems Ltd., Goenka Diamond and Jewels Ltd., Goldiam International Ltd., Golkunda Diamonds & Jewellery Ltd., Lypsa Gems & Jewellery Ltd., Mini Diamonds (India) Ltd., Rajesh Exports Ltd., Renaissance Jewellery Ltd., Shantivijay Jewels Ltd., Shree Ganesh Jewellery House (I) Ltd., Shrenuj Company Ltd., Suashish Diamonds Ltd., Swarnsarita Gems Ltd., Tara Jewels Ltd., Titan Industries Ltd., Tribhovandas Bhimji Zaveri Ltd., Vaibhav Global Ltd., Winsome Diamonds and Jewellery Ltd.
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