DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ead084/indian_gems_jewe) has announced the addition of the "Indian Gems & Jewellery Industry, Q3 2011" report to their offering.
India is the world's largest diamond-processing centre, cutting and polishing more rough diamonds than any other country. A significant proportion of these polished diamonds are then exported to markets like the UAE, USA, Hong Kong and the European countries. Diamond export contributes substantially to India's total exports and is supported by favourable initiatives from the central government. Many domestic Indian G&J export houses have started to export to newer markets like South America, Far-East and Eastern Europe. However, future growth is expected to be driven from emerging markets like China and India where rising income levels is giving rise to a huge pent-up demand.
CARE Research believes India's domestic gems and jewellery industry is growing at a robust pace. The country's huge appetite for gold jewellery despite higher price coupled with a rising middle class is bound to push the demand in the next 5 years and beyond. The increasingly urban and brand-conscious consumer prefers diamond jewellery over gold. This is expected to give a boost to more branded retail outlets which are perceived to offer a better service and premium quality.
CARE Research's report on Gems & Jewellery Industry' gives valuable insight on the industry, based on the global and domestic consumption, the demand-supply scenario of the domestic market, the export market for domestic companies, pricing analysis, value chain and commentary on top industry players. In supply dynamics, we have given details on proven and probable gold reserves held by top gold producing companies. For diamond production, we have given rough production trend for last six years and the year going forward.
Read more inside Indian Gems & Jewellery Industry, Q3 2011
Companies Mentioned:
- GITANJALI GEMS
- RAJESH EXPORTS
- ASIAN STAR CO. LTD
- SUASHISH DIAMONDS
- SU-RAJ DIAMONDS
For more information visit http://www.researchandmarkets.com/research/ead084/indian_gems_jewe