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High demand for Indian jewellery in US > Gold News > World Gold Council, all about gold

 

High demand for Indian jewellery in US

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Wednesday, 24th March 2004 (5840 views)

Recent export figures to the US have reflected the growing demand for gold jewellery from India.<BR/><BR/>Jewellery made up the key share of India exports for the period of April-November 2003, according to Business Standard.<BR/><BR/>Data from the commerce ministry on trade showed gem and jewellery exports increased by 35.59 per cent to $2551.19 million.<BR/><BR/>Total exports in gems and jewellery for India increased by 26 per cent in January 2003 to $10,646 million.<BR/><BR/>With demand growing for such items, India's industry now predicts exports will reach $16 billion in three years time.

 

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