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Gems and Jewellery edited FINAL - smallB

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Future Outlook<br />

The future of the industry is quite promising. More <strong>and</strong> more buyers across<br />

the world are turning to India as their preferred source for quality jewellery.<br />

The <strong>Gems</strong> <strong>and</strong> <strong>Jewellery</strong> Export Promotion Council (GJEPC) is looking at<br />

exploring new markets, such as Latin American countries. The industry also<br />

plans to make India a trading centre for cut <strong>and</strong> polished diamonds, <strong>and</strong> is<br />

closely working with the Government of India in this regard. The long term<br />

prospects looks good with jewellery exports expected to touch US $16 billion<br />

in 2010 according to industry estimates.

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