Since time immemorial, India has been a connoisseur of precious stones and beautiful ornaments. Trade secrets have been handed down generations, ensuring continuity of a traditional craft. It comes as no surprise then, that India is today the world's largest diamond cutting and polishing centre.
Keeping up with the Times
To its traditional know how, India has been adding modern techniques that are more in tune with trends in the world market. Several well-organised polishing units have been established to improve productivity and to meet growing international demand. Moreover, moving ahead from processing small-sized and rough diamonds, the industry has acquired the additional skills required to cut and polish large pieces as well.
Spotlight on Exports
India is the world's preferred country for gems and jewellery export.
- Indian gems and jewellery are exported across continents
- Gems and jewellery exports reached US$ 39,033 million in 2012-13, accounting for around 13 per cent of country’s total merchandise exports
- The industry witnessed a growth of 11.9 per cent with exports of US$ 39,033 million in 2012-13 compared to US$ 24,894 million in 2008-09
Gem and Jewellery Export Promotion Council
The Gem and Jewellery Export Promotion Council (GJEPC) undertakes direct promotional activities, including joint participation in international jewellery shows, sending and hosting trade delegations, and sustained image building exercises.
Office No. AW 1010, Tower A
G Block, Bharat Diamond Bourse
Bandra - Kurla Complex
Bandra – East, Mumbai
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