Growth of Indian Gems and Jewellery Market Remains Intact

According to our industry research report "Indiancountries, including the USA, the UAE, Hong Kong
Gems and Jewellery Market - Future Prospects toand Belgium. Despite recession, the Indian gems
2011", India possesses world's most competitiveand jewellery exports sustained the positive
and rapidly growing gems and jewellery market.momentum and showed tremendous resilience
Highly skilled and cheap manpower, along withagainst recession.
strong government support in the form of"Indian Gems and Jewellery Market - Future
incentives and establishment of SEZs, has beenProspects to 2011" is an outcome of extensive
driving the market growth for the past fewresearch and thorough analysis on the burgeoning
years. Based on various concrete marketgems and jewellery industry in India and its
fundamentals, our research further reveals thatsegments including gold, diamond, gemstones,
future growth potentials of the market remainspearls, etc. The report discusses production,
bright with projected CAGR of 14.7% duringconsumption and trade trends with focus on
2010-2012.current and past market performance and
The report further identifies that Indian gems andfactors critical to the success of the concerned
jewellery market is currently dominated by theindustry in India. We have also identified all the
unorganized sector; however, the trend is set tokey players in the Competitor Analysis section of
change in near future with the branded jewellerythe report. The section talks about the business
market growing at a projected CAGR of moreprofile and strategic moves of the leading players
than 41% in the coming four years. As per ouroperating in the sector.
research, with its consumption pegged at nearlyMost importantly, the report also gives industry
20%, India remains world's largest gold consumerforecast based on correlation of past drivers,
and this share is expected to grow further.challenges and opportunities for expansion. In this
Further, growing importance of India in globalway, the report presents a complete and
gems and jewellery market has opened a lot ofcoherent analysis of the Indian gems and
opportunities for exports. The country is fastjewellery market, which clients will find extremely
becoming a major export destination of gems anduseful.
jewellery to various developed and developing