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Friday, 28th January 2005 (9644 views)

India's exports of gems and jewellery rose by 38 per cent last year, leading the industry to be positive about its future.<br/><br/>The figures from the Gem & Jewellery Export Promotion Council (GJEPC) show that total exports reached $14.33 billion from January through to December, up by $10.4 billion in the year before.<br/><br/>GJEPC Chairman Bakul Mehta told National Jeweler: "We are confident that we [will] surpass the set target of $16 billion by 2007, and are hopeful that this growth rate shall continue."<br/><br/>Mr Mehta claimed that the results show India's industry is "moving in the right direction".<br/><br/>The GJEPC is made up of over 7,000 Indian jewellers and was set up in 1966 as a non-profit organisation.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=7667675"/>

 

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