2. *

3. Introduction
Indian Gem And Jewellery industry –A overview

5.  India is world’s largest gold consumer, consuming
almost one fifth of total world gold demand
 India owns over 18,000 tonnes of above ground gold
stocks, worth approx. USD 800 billion
 India was the first country to introduce diamonds to the
world - the first to mine, cut and polish them as well as
trade them
 In the global diamond market today, Indian diamonds
account for 55 per cent share in value terms, 80 per cent
share in caratage (weight) terms and 90 per cent share
in volume terms.
 The share of gold jewellery in India's exports of gems
and jewellery increased from 9 per cent in 1994 to 22
per cent in2004, an indication of growing acceptance in
the world market.

6. Set-up in 1966, the GJEPC has over the years effectively moulded the
scattered efforts of individual exporters to make the gem and jewellery sector a
powerful engine driving India's export-led growth.
This apex body of the gem & jewellery industry has played a significant role in
the evolution of the Indian gem and jewellery industry to its present stature.
GJEPC is continuously working towards creating a pool of artisans and
designers trained to international standards so as to consolidate the Indian
jewellery industry and establish it as a prominent global player in the jewellery
segment.

7. GOLD
 It has always been the jewelers favorite metal.
 Forms the backbone of the precious Jewellery industry.
 The current consumption of gold in India is estimated at over 900 tonnes
DIAMOND
 3rd largest retail diamond market.
 Have always enjoyed a special place among precious gemstones.
 Emerged as a segment showing significant growth in some of the emerging markets.
 Surat is an important diamond processing Centre, which exports around 80 per cent
of the production and has more than 3,500 diamond processing units.

8. COLOURED GEMSTONES
 Includes all other forms of Jewellery.
.
 Precious gemstones and semi-precious gemstones; silver, pearls, etc.

9. EXPORTS
India’s exports registered a growth of around
India’s exports for the financial 40% during FY2011 which has come down to
year 2012 stood at US$303.7 21% during FY2012, however imports growth
billion registering a growth of 21%. rate have increased from 28.3% during FY2011
to around 32% during FY2012.

10. Cut and polished diamonds: The export of Cut and Polished
Diamonds (CPD) witnessed a decline of 17.3% with exports
decreasing from US$ 28217 million in 2010-2011 to US$ 23329
million in 2011-2012.
Coloured Gemstones: 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.
Gold Jewellery: Export of Gold jewellery also grew in 2011-12,
registering US$ 12885.59 million as compared to US$ 9669.10 million
in 2010-11. A growth of 33.27 per cent was recorded.

11. Summary of Export of gems & jewellery items
during April-May 12
Items April-May2012 April-May 2012 %
(Same ports as Growth/decline
current year) over previous
Year
US$ in Million US$ in Million US$
Cut & Pol Diamonds 2595.88 4292.02 -39.52
Gold Jewellery-D.T.A 334.33 316.89 5.50
SEZ/EPZ (included 2556.32 1957.23 30.61
Gold Jewellery & Gold
Medallions and coins)
.
.
Total 2890.65 2274.12 27.11 …
t
n
o
C

12. Coloured Gemstones 42.94 43.59 -1.49
Silver Jewellery 78.7 89.85 -12.41
Others * 12.27 4.60 166.74
Net Exports 5620.44 6704.18 -16.17
Exports of Rough Diamonds 232.28 250.42 -7.24
Others 7.23 16.91 -
Total Exports 5859.95 6971.51 -15.94

13. .

15. Figures in US$ billion
1 UAE 36
2 USA 34
3 China 18
4 Singapore 17
5 Hong Kong 13
6 Netherlands 9
7 UK 9
8 Germany 8
9 Belgium 7
10 Indonesia 7
India’s Total Exports 303.7

16. .

18. Future Scenario
Sales in the Global Market expected to grow up to US$58 billion by 2015.
Diamond industry to grow over 95% between 2010 – 2015.
The Gems and Jewellery Export Promotion Council (GJEPC) is looking at
exploring new markets, such as Latin-American countries
All India Gems & Jewellery Trade Federation (GJF) recently held the
first of its kind leadership summit for the Jewellery industry in an
effort to corporatize the ways of working and streamlining policies.

19. The outlook for the industry is bright, but
how much of this amazing performance
will actually translate into improved
bottom lines will lie in the capability of
individual businesses to harness the
potential of new markets and products.
Although, it is little difficult to judge the
growth momentum of this sector due to
the fast changing global scenario, but
with the rising acceptance of branded
jewellery market will definitely boost the
growth momentum.
Conclusion