Indian Jewellery Industry


Indian jewellery INDIAN JEWELLERY INDUSTRY AT A GLANCE IN 2011 - 2012 Indian jewellery

The Indian gems and jewellery industry has increased by about 5 per cent at Rs 2,000 billion (US$ 36.17 billion) in 2011-12, as compared to Rs 1,950 billion (US$ 35.26 billion) in 2010-11. The sector accounts for 14 per cent of the total merchandise exports in India. Gold has always been the jewelers' favourite metal in India.

The total gem and jewelry industry exports were recorded at US$42839 million (INR 204823 crores) in FY 2011-12 as compared to US$ 42995 million (INR 195735 crores) in April 2010 - March 2011.

Though in dollar terms there is a marginal drop of .36%, the exports mark an increase of 4.6% in rupee value. The gem and jewelry sector accounted for 14% of India's total merchandise exports in FY 2011-2012.

Indian Jewellery industry in 2011-2012
The growth in the sector was primarily driven by Gold Jewelry which registered an increase of 30% in FY '12.

The exports grew from US$ 12695 million (INR 57747.67 crores) in 2010-2011 to US$ 16517 million (INR 79430.26 crores) in 2011-2012.

Coloured gemstone exports witnessed an increase of 9.10% in dollar terms with sector recording growth from US$ 314.20 million in 2010-2011 to US$ 342.80 million in 2011-2012.

Indian Jewellery  INDIAN jewellery industry AT A Glance IN 2012 - 2013

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