EXPORT OF GEMS AND JEWELLERY Submitted by:-Submitted to:-Dr.T.Dayakara Rao Rahul raj (24) Vinay behrani (26)SOURCES:- Pgdm batch 2010-12www.gjpec.comwww.exportimport.comwww.indianexport.comwww.wikipedia.com
CONTENTS• INTRODUCTION• MAJOR PRODUCTS OF GEMS AND JEWELLERY• MAJOR DESTINATION• MAJOR COMPETITORS• PRODUCTION OF GEMS AND JEWELLERY• MARKET TREND• POINT OF VIEW• CONCLUSION
INTRODUCTION• Form an integral part of Indian tradition.• Gems and Jewellery is an important emerging sector in the Indian Economy.• Gems and Jewellery industry is very much fascinating.• Used by the Indians for both its aesthetic as well as investment purposes.• Key components are gold, diamond, colored gemstones.
MAJOR PRODUCTS OF GEMS AND JEWELLERY• GOLD:- Forms around 80% of Indian Jewellery market. It has always been the jewelers favorite metal. Forms the backbone of the precious jewellery industry.• 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.
CONTD…• COLOURED GEMSTONES:-Includes all other forms of jewellery.Precious gemstones and semi-precious gemstones; silver, pearls, etc. 2.50% 1% 1% 0.30% 0.20% Cut & Polished Diamond Gold Jewellery 31% Rough Diamonds Colored Gemstones Non Gold Jewellery 64% Perls Synthetic Stones
MAJOR DESTINATIONS• U.S.A 2% 1%• U.A.E 4% 3% 4%• U.K USA UAE• HONGKONG 44% UK• BELGIUM Hong Kong• ISRAEL Belgium Israel 42%• JAPAN Others• THAILAND• SINGAPORE• GERMANY
Major Export Markets U.S.A (IN US MILLION DOLLAR)6000500040003000 U.S.A EXPORT20001000 0 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09
(IN US MILLION DOLLAR) U.A.E120001000080006000 U.A.E EXPORT40002000 0 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09
(IN US MILLION DOLLAR) U.K600500400300 U.K EXPORT200100 0 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09
(IN US MILLION DOLLAR) HONGKONG6000500040003000 HONGKONG EXPORT20001000 0 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09
(IN US MILLION DOLLAR) BELGIUM200018001600140012001000 BELGIUM EXPORT800600400200 0 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09
ISRAEL (IN US MILLION DOLLAR)12001000 800 600 ISRAEL EXPORT 400 200 0 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09
Major Competitors Of INDIA• CHINA• ITALY• MALAYSIA• BRAZIL
PRODUCTION IN INDIA• PRECIOUS AND SEMI PRECIOUS GEMSTONES:- JAIPUR AND HYDERABAD• SILVER JEWELLERY:- DELHI• LIGHTWEIGHT PLAIN GOLD:- KOLKATA AND THIRUCHUR• STUDDED JEWELLERY:- BELGAUM AND NELLORE• MACHINE MADE JEWELLERY:- MUMBAI• CASTING JEWELLERY:- COIMBTORE
Major Players In INDIAN Gems & Jewellery Industry• Rajesh Exports Limited(REL)• Gitanjali Group• Su-Raj Diamonds & Jewellery Ltd.• Suashish Diamonds Ltd.• Shernuj & Co. Ltd.• Tanishq.• Hindustan Diamond Co. Pvt. Ltd.• Vaibhav Gems Ltd.• Asian Star Co Ltd.
Point Of View• Future depend on finding new markets.• Have to work hard to incorporate the international designs and styles to compete with the competitors.• Number of SEZs should be increased.• Outlook of the business lies in individual performance.
Conclusion “Gold! gold! gold! gold!Bright and yellow, hard and cold!”