The Government is aiming at US$80bn of jewellery exports in the next five years, up from US$40bn.
FDI in the sector under automatic route.
in primarily gems was imported in 2017-18.
of global jewellery consumption comes from India
FDI in diamond and gold ornaments over 2000–2019
out of every 14 diamonds sold worldwide, passes through India
diamong cutting and polishing centre in the world, exporting around 93% of local production
expected valuation of India's gems and jewellery sector by 2022, from US$60b in 2017
of gold traded in India between January to June 2018, one of the world's largest markets
of cut and polished diamonds exported during 2018-19, or 77% of total sector trade
India’s largest jewellery park being built in Navi-Mumbai with over 5,000 jewellery units
of overall market size expected by 2022 from around US$60bn in 2017.
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India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments
UK’s De Beers Group invested US$5m in a Surat based diamond grading company
Alrosa, a Russian diamond mining company, has set up a base in India.
UK's Petra Diamond gets its stones processed from centers in India.
India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments