Noida, UP -- (SBWire) -- 03/16/2011 -- According to our research report “Indian Gems and Jewellery Market Forecast to 2013”, India is one of the leading players in gems and jewellery market, with the industry occupying a significant position in the country’s economy. Moreover, skilled labors and strong government support in the form of incentives and SEZs are among the few catalysts that are driving the growth of gems and jewelry industry. It is expected that, the market will surge at a CAGR of 13% during 2011-2013, on the back of few major factors discussed in our report.
As per our analysis, growing importance of India in global gems and jewellery market has opened up immense opportunities for the exports. Presently, the country is considered as the major export hub of gems and jewellery to various geographical locations, including the USA, the UAE, and Hong Kong. The share of Indian export in global trade is expected to increase further in near future on the back of various factors discussed in the report. Besides, diamond cutting and polishing industry provides huge opportunities for the market due to the growing investments and increase in government initiatives.
“Indian Gems and Jewellery Market Forecast to 2013” provides strategic insight into the gems and jewellery market in India. By analyzing past and future aspects of the market, the report highlights the potential growth areas in the market and presents an overview on the market for gems and jewellery in the country. It also evaluates the emerging trends in the concerned industry. Additionally, the report provides intensive detail analysis of various segments under gems and jewellery industry.
Besides, the report provides detail analysis of gold and diamond jewellery market in the domestic industry. Our report also covers the industry forecast and analysis based on various macro and micro-economic factors, sector and industry specific databases, and our in-house statistical and analytical model. This model takes into account the past and current trends in an economy, and more specifically in an industry, to bring out an objective market analysis. Competitive landscape is also discussed in report to provide client general overview of the market structure and growth prospects.
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RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
Gems and Jewellery Market Set to Flourish in India
With highly skilled labors and strong government support, Indian gems and jewellery market will surge at a CAGR of 13% during 2011-2013, RNCOS acknowledged.