India's gem and jewellery exports on the up
Wednesday, 20th April 2005 (10545 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.
The amount was up by 29.2 per cent compared to the previous year, according to Rapaport.
Additional figures showed jewellery exports reached $3.81 billion, up by 42.23 per cent, whilst imports were up by 23.65 per cent.
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."
The data was announced today at a special press conference in New Delhi.
