
According to a latest market report, India’s gem and jewelry exports have shown a growth of 1.45% during 2008-2009, earning revenues of US$ 21.1 Billion. It included gold ornaments and medallions. Allowance of 100% FDI in gems and jewelry through automatic route & 50% FDI in single brand retail outlets has opened the doors of success and growth in gem and jewelry exports as well as jewel industry.