Discovering value in every sparkle: A career in Gemology
3 weeks, 2 days ago

Discovering value in every sparkle: A career in Gemology

India Today  

India's gem and jewellery industry has been one of the fastest-growing sectors, contributing significantly to the country’s economy. As the world's largest diamond-cutting and polishing hub, the Indian gem and jewellery industry is expected to reach USD 130 billion by 2030, making it a promising career path for future generations. CAREER OPPORTUNITIES IN GEMMOLOGY Gemstone Appraiser Works with jewellery retailers, auction houses, and banks to evaluate and certify the quality of gemstones. Some of the top ones include: Gemological Institute of India, Mumbai Indian Institute of Gems & Jewellery, Mumbai & Delhi National Institute of Fashion Technology Jewellery Design Program Gemological Institute of America, India International Gemological Institute, India These institutes offer diplomas and certification courses in diamond grading, coloured gemstone identification, jewellery designing, and gemstone appraisal. India is a global leader in gemstone cutting, polishing, and jewellery manufacturing; students pursuing gemmology can build a highly rewarding career.

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History of this topic

GJEPC eyes jewellery exports of $5 billion from South India
1 week, 6 days ago

GJEPC eyes jewellery exports of $5 billion from South India

The Hindu  

The Gem & Jewellery Export Promotion Council has announced to organise the 3rd edition of IIJS Tritiya 2025 at the Bengaluru International Exhibition Centre from 21 to 24 March 2025 with a target to grow gem & jewellery exports from South India from $3 billion to $5 billion. Kirit Bhansali, Chairman, GJEPC said, “IIJS Tritiya 2025 is the biggest ever …

Indian jewellers worry as Trump's reciprocal tariffs spark job loss fears: Report
3 weeks, 6 days ago

Indian jewellers worry as Trump's reciprocal tariffs spark job loss fears: Report

India Today  

The US government’s decision to levy reciprocal tariffs has raised alarms across India’s gem and jewellery industry. Key Indian exports include cut and polished diamonds, studded gold jewellery, plain gold jewellery, lab-grown diamonds, and silver jewellery. Presently, India imposes a 20% tariff on gold jewellery from the US, whereas the US imposes a lower duty of 5.5-7% on Indian gold …

India’s gold jewellery exports to U.S. may drop 50% in case of higher tariffs, lead to job losses, flags GJEPC study
1 month ago

India’s gold jewellery exports to U.S. may drop 50% in case of higher tariffs, lead to job losses, flags GJEPC study

The Hindu  

The likelihood of India’s key export products to the U.S. attracting higher tariffs ranging from 5% to 20% is lower than the average tariffs in India for USA. While with local taxes Average tariffs in USA are computed at 15.15% which are relatively higher than the average tariffs of 12.19% prevailing in India. India’s gem and jewellery exports to USA …

Govt launches Diamond Imprest scheme to boost exports protect domestic industry
2 months, 1 week ago

Govt launches Diamond Imprest scheme to boost exports protect domestic industry

Live Mint  

New Delhi: In a move aimed at maintaining India’s leadership in the global diamond industry, the Department of Commerce announced the Diamond Imprest Authorization Scheme on Tuesday. The DIA Scheme allows for the duty-free import of natural cut and polished diamonds of less than ¼ carat, contingent on exporters meeting a value addition requirement of at least 10%, the commerce …

Amid fading exports, job losses, new scheme to restore diamond trade sheen
2 months, 1 week ago

Amid fading exports, job losses, new scheme to restore diamond trade sheen

The Hindu  

The Commerce Ministry on Tuesday introduced a new Diamond Imprest Authorisation scheme to allow duty-free import of natural cut and polished diamonds for export purposes, acknowledging that India’s diamond industry is witnessing a steep decline in exports and job losses and pinning hopes on the DIA to combat this trend and reinvigorate the sector. “All diamond exporters holding Two Star …

An Indian irony: Glitter of fastest-growing diamond market eludes hub Surat
2 months, 3 weeks ago

An Indian irony: Glitter of fastest-growing diamond market eludes hub Surat

India Today  

A high-profile gems and jewellery industry event in Mumbai on January 7 announced that India was now the fastest growing diamond market in the world. The programme also marked a strategic collaboration between the De Beers Group, the world’s leading diamond company, and the Gem and Jewellery Export Promotion Council, India’s apex jewellery trade body, for honing the market shine …

India becomes 2nd largest diamond market, crosses China
2 months, 3 weeks ago

India becomes 2nd largest diamond market, crosses China

New Indian Express  

MUMBAI: Buoyed by the robust growth that has catapulted the country as the world’s second-largest diamond market overtaking China in 2024, apex trade promotion body Gem & Jewellery Export Promotion Council expects the domestic diamond industry to double by 2030 to become a $17 billion industry, while the overall gems and jewellery market will touch $130 billion by then from …

De Beers Group ties up with GJEPC to promote natural diamonds in India
2 months, 3 weeks ago

De Beers Group ties up with GJEPC to promote natural diamonds in India

The Hindu  

De Beers Group, a leading diamond company, and Gem & Jewellery Export Promotion Council, India’s apex jewellery trade body, have announced a collaboration to promote natural diamonds in India through retailers. Indra is designed to harness this momentum by tapping into India’s dynamic young population, the rise of organised players, and increasing demand.” “This initiative reflects a shared vision to …

Semi-precious stones, neo-pearls: Jewellery trends of 2025
2 months, 4 weeks ago

Semi-precious stones, neo-pearls: Jewellery trends of 2025

Live Mint  

In the new year, the Indian jewellery industry is poised for a transformative year, blending traditional craftsmanship with contemporary innovation. Here are some jewellery trends that are going to become big this year: The rise of semi-precious stones Jewellery enthusiasts are gravitating toward pieces with multi-dimensional finishes, coupled with the resurgence of semi-precious stones. One of the most striking shifts …

From passion to profession: How to build a career in gems and jewellery
4 months ago

From passion to profession: How to build a career in gems and jewellery

India Today  

Curiosity serves as the initial spark that ignites passion and transforming that passion into a sustainable career requires mastery. Just as an aspiring chef needs to pursue formal culinary education to refine their skills, individuals drawn to the intricate world of gemstones and jewellery design must undergo specialised training. Apoorva Deshingkar, Senior Director of Education and Market Development at GIA …

US holidays sales forecast boost gems and jewellery exports; shipments bottom out
4 months, 2 weeks ago

US holidays sales forecast boost gems and jewellery exports; shipments bottom out

Deccan Chronicle  

CHENNAI: Indian gems and jewellery exporters are enthused by the forecast of the US retailers' federation, which predicts optimistic holiday season sales in that country. According to the Gems and Jewellery Export Promotion Council, prior to the holiday season, the exports have clocked 10 -11 per cent growth in October. We had witnessed 11 per cent decline in exports till …

Diamond retailers under pressure as lab-grown rivals gain ground, festive sales could bring some cheer
6 months, 1 week ago

Diamond retailers under pressure as lab-grown rivals gain ground, festive sales could bring some cheer

Live Mint  

Jewellers countrywide are anticipating sparkling diamond sales this festival season as falling prices attract customers to natural diamonds for weddings, even as sharply cheaper lab-grown diamonds try to make their mark. Meanwhile, lab-grown diamonds, which have turned 60-90% cheaper in the past two years, may steer consumer choices at the entry level, while medium and larger pieces will still be …

Budget 2024: Customs duty on gold, silver cut to 6%, sops for diamond industry
8 months, 1 week ago

Budget 2024: Customs duty on gold, silver cut to 6%, sops for diamond industry

The Hindu  

Union Finance Minister Nirmala Sitharaman has proposed to reduce Customs Duties on gold and silver to 6% and on platinum to 6.4% providing big relief to buyers of these precious metals. As per the proposal, duty on gold bars has been cut from 15% to 6%, gold dore from 14.355 to 5.35%, for platinum from 15.4% to 6.4%, for silver …

Budget 2024: From import duty cut to Diamond Imprest Licence, here’s what gem and jewellery sector expects
8 months, 3 weeks ago

Budget 2024: From import duty cut to Diamond Imprest Licence, here’s what gem and jewellery sector expects

Live Mint  

The jewellery industry is eagerly anticipating potential duty cuts on gold, silver, diamonds, and platinum in the upcoming 2024-25 Budget, to be presented by Finance Minister Nirmala Sitharaman on July 23. I request the Hon’ble Finance Minister to introduce a Safe Harbour rule in SNZs, introduce the Diamond Imprest License, and reduce the import duty on gold, silver, and platinum …

India's jewelry retail sector surges to $80 billion in 2023-24 from $50 billion 6 years back
9 months, 1 week ago

India's jewelry retail sector surges to $80 billion in 2023-24 from $50 billion 6 years back

Hindustan Times  

India's jewelry retail sector has surged to USD 80 billion in the financial year 2024 from USD 50 billion in 2018, according to a report by Motilal Oswal Financial Services. A salesman helps a customer to select gold bangles at a jewellry showroom in Mumbai The report highlighted multiple drivers that led to the rapid growth of the industry, including …

Surat, not Belgium: India pushes back on G7's diamond checks
11 months, 1 week ago

Surat, not Belgium: India pushes back on G7's diamond checks

Live Mint  

MUMBAI, NEW DELHI : India is scrambling to soften the impact of curbs on diamond exports to G7 nations, which want the gems tested in Belgium to ensure they did not originate in Russia. The proposal, made by a G7 technical committee, is particularly troubling for Indian diamantaires since the domestic industry cuts or processes 10 out of 11 of …

A career in Gemology
11 months, 1 week ago

A career in Gemology

The Hindu  

Jewellery in India is as steeped in tradition and culture as everything else. The country has a rich history of gem trade and was the original home of renowned gemstones such as the Hope Diamond and Koh-i-noor which were mined from Golconda in today’s Andhra Pradesh and Telangana. There are a variety of courses tailored to different facets of the …

India's Gems and Jewellery Sector Aims for $1 Billion Exports
1 year ago

India's Gems and Jewellery Sector Aims for $1 Billion Exports

Deccan Chronicle  

Chennai: India having signed a trade pact, the gems and jewellery industry hopes to grow exports to EFTA countries- Switzerland, Iceland, Norway and Liechtenstein- from $335 million to $1 billion in the coming years. The Trade and Economic Partnership Agreement has opened immense opportunities for the Indian gem and jewellery sector to enhance its exports to the untapped EFTA countries …

Navigating a career in Gemology: Qualifications, advantages, and other details
1 year, 1 month ago

Navigating a career in Gemology: Qualifications, advantages, and other details

India Today  

Movies have a unique way of mirroring our society and leaving a profound impression on our lives. Gemology is one such field that can open many unconventional career opportunities, such as those of appraiser, grader, research professional and so on. Here's a breakdown of the essential steps outlined by Apoorva Deshingkar, Senior Director – Education and Market Development, GIA, India, …

India's gem, jewellery exports decline 11.49% to ₹22,873 crore in October
1 year, 4 months ago

India's gem, jewellery exports decline 11.49% to ₹22,873 crore in October

The Hindu  

India's overall gems and jewellery exports declined by 11.49% to ₹22,873.19 crore in October, according to the Gem and Jewellery Export Promotion Council data. Gross export of polished Lab Grown Diamonds in October dropped by 23.01% to ₹1,135.16 crore against ₹1,474.38 crore in the corresponding month of 2022. "The overall gems and jewellery exports were down in October mainly due …

Here is the trend forecast from the India Jewellery Show in Mumbai
1 year, 5 months ago

Here is the trend forecast from the India Jewellery Show in Mumbai

The Hindu  

At the India Jewellery Show, an exclusive gold and diamond jewellery exhibition recently held in Mumbai, nearly 33 brands showcased fine and precious ornaments to nearly 3,500 people over a period of two days. A raw deal Bhavin Jakhia, founder of Om Jewellers, says, “This festive season, customers are particularly inclined towards uncut diamond jewellery. They like wearing contemporary uncut …

India's gems, jewellery exports may fall 10-15% in FY24: GJEPC
1 year, 8 months ago

India's gems, jewellery exports may fall 10-15% in FY24: GJEPC

The Hindu  

India's gems and jewellery exports are likely to decline by 10 to 15% in the current financial year on account of slowing demand in key markets like the U.S. and China, GJEPC Chairman Vipul Shah has said. The gems and jewellery exports grew 2.48% year-on-year to ₹3,00,462.52 crore in FY23, according to the Gems and Jewellery Export Promotion Council. Addressing …

India’s lab-grown diamonds: how they are faring
1 year, 8 months ago

India’s lab-grown diamonds: how they are faring

The Hindu  

“This one is a conversation starter,” says Vinaya Gupta. “They are gem quality, but lab-grown, planet positive and purse accessible,” says the 27-year-old entrepreneur shopping at Avira Diamonds, a swanky store that displays jewellery made of lab-grown diamonds in Chennai. The world is moving towards conscious living, and they align with that philosophy.” Aishwarya adds, “Having said that, we don’t …

South Indian jewellery market still under-explored says GJEPC
2 years ago

South Indian jewellery market still under-explored says GJEPC

The Hindu  

Even though the South Indian jewellery retail market has crossed the ₹2 lakh-crore mark and now accounts for 40% of the overall Indian jewellery retail business, it is still under-explored as per The Gem & Jewellery Export Promotion Council. The organised retail share of the South Indian jewellery retail market is more than ₹65,500 crore while the unorganised segment consists …

‘Gem and jewellery exports grew 7.9% in April-Oct. 2022’
2 years, 4 months ago

‘Gem and jewellery exports grew 7.9% in April-Oct. 2022’

The Hindu  

Gem and jewellery exports from India grew 7.9% to ₹1,88,183.89 crore in the April to October period, despite a decline of 14.64% to ₹25,843.84 crore in the month of October, according to the Gem & Jewellery Exports Promotion Council. “We had witnessed the usual pre-Diwali buzz as factories rushed to complete export orders in time for Thanksgiving and Christmas,” said …

‘India has everything to become the world’s jewel centre’
2 years, 9 months ago

‘India has everything to become the world’s jewel centre’

Live Mint  

"India is a place that has everything to become the jewel centre of the world,” says David Bennett, the former worldwide chairperson of international jewellery at auction house Sotheby’s. I don’t see that anywhere else.” Bennett, who retired in 2020 after working with Sotheby’s for four decades, was in Mumbai recently as a chief guest for The Artisan Awards 2022 …

A booming market for artificial diamonds yet no match for the real thing
3 years, 7 months ago

A booming market for artificial diamonds yet no match for the real thing

Business Standard  

A booming market for artificial diamonds yet no match for the real thing Don't expect the synthetic stones to surpass natural ones anytime soon because the world's biggest miners of diamonds aren't looking to get into man-made diamonds Premium Cast in stone: “The Spectacle”, a 100.94-carat colourless diamond from Russia that was sold for over $14 million in May 2021 …

Budget 2021: Gems and jewellery industry cheer decision to cut import duty on gold, silver
4 years, 1 month ago

Budget 2021: Gems and jewellery industry cheer decision to cut import duty on gold, silver

India TV News  

The Modi government has announced a cut in the import duty on gold and silver, a move welcomed by the industry as it will bring down prices of precious metals in the domestic market and boost exports of gems and jewellery. Finance Minister Nirmala Sitharaman in her budget speech said that to bring the prices of precious metals closer to …

Miner finds 442-carat diamond that may be worth $18 million
4 years, 7 months ago

Miner finds 442-carat diamond that may be worth $18 million

Live Mint  

A small diamond miner that has dug some of the world’s most valuable gems from a mountainous African kingdom has found another huge stone. Gem Diamonds Ltd. said it had an unearthed a 442-carat diamond at its Letseng mine in Lesotho. Two years ago Gem Diamonds found a 910-carat stone, the size of two golf balls, that sold for $40 …

Coronavirus Outbreak: Gems, jewellery exports stare at steep fall in Q1 next fiscal as disruptions hit operations: Report
5 years ago

Coronavirus Outbreak: Gems, jewellery exports stare at steep fall in Q1 next fiscal as disruptions hit operations: Report

Firstpost  

A 41 percent annual decline in cut and polished diamond exports led to a cumulative exports fall of 19 percent year-on-year for the overall gems and jewellery industry in February 2020, it added. Mumbai: The gems and jewellery exports are expected to witness a sharp decline in March as well as in the first quarter of the next fiscal due …

Coronavirus Outbreak: Gem and jewellery sector comes to 'standstill'; seeks prompt govt relief
5 years ago

Coronavirus Outbreak: Gem and jewellery sector comes to 'standstill'; seeks prompt govt relief

Firstpost  

The indigenous gem and jewellery sector in the country has come to a “standstill” amid the coronavirus pandemic and is in immediate need of relief measures from the government, an industry body said The indigenous gem and jewellery sector in the country has come to a “standstill” amid the coronavirus pandemic and is in immediate need of relief measures from …

G&J exports hit by China shutdown
5 years, 1 month ago

G&J exports hit by China shutdown

Deccan Chronicle  

Chennai: The coronavirus outbreak and the consequent closure of manufacturing units and jewellery stores in China as well as Hong Kong has added to the woes of gems and jewellery exports, which were already reeling under the pressure of slower global demand and credit crunch. According to the Gems and Jewellery Export Promotion Council, off-take by China as well as …

Budget 2020: Jewellery sector seeks reduction in gold customs duty to 6%, polished diamonds to 2.5% to revive industry
5 years, 2 months ago

Budget 2020: Jewellery sector seeks reduction in gold customs duty to 6%, polished diamonds to 2.5% to revive industry

Firstpost  

Saying that liquidity is a major area of concern, All India Gem and Jewellery Domestic Council Chairman Anantha Padmanaban said the government should take steps to ensure that banks lend to jewellers. Mumbai: Ahead of the Budget, gems and jewellery industry has sought reduction in import duty on gold to 6 percent and on cut and polished diamonds to 2.5 …

Gems & Jewellery sector will have to explore Asean markets to grow exports
5 years, 6 months ago

Gems & Jewellery sector will have to explore Asean markets to grow exports

Deccan Chronicle  

Chennai: As exports of gems and jewellery are declining, India will have to explore new markets, including some of the Asean countries, to arrest the de-growth. Asean countries like Thailand, Indonesia, Malaysia and Cambodia are not significant markets as far as gems and jewellery exports are concerned. According to the data from Gems and Jewellery Export Promotion Council, Thailand buys …

Trump’s trade slap will send India’s gems and jewellery sector reeling
5 years, 9 months ago

Trump’s trade slap will send India’s gems and jewellery sector reeling

Live Mint  

The withdrawal of duty benefits by the US under the Generalized System of Preferences is yet another blow for India’s gems and jewellery sector. The decision, which came into effect from 5 June, is however expected to have a limited impact on India’s overall export trade, said Crisil Research Ltd. Chaudhary, had said that the gems and jewellery sector provided …

Why the newly discovered, second-biggest diamond ever is not worth as much as you’d think
5 years, 11 months ago

Why the newly discovered, second-biggest diamond ever is not worth as much as you’d think

CNN  

CNN — The recent discovery of the second-biggest diamond in history – a staggering 1,758-carat stone – is a remarkable find, but there’s a debate over its real market value. However, the company said the newly found diamond is “a near-gem of variable quality,” which means that, as far as diamonds are concerned, the size of the stone is not …

Demonetisation, GST hit growth in gold jewel industry: Gem and jewellery body
6 years, 2 months ago

Demonetisation, GST hit growth in gold jewel industry: Gem and jewellery body

Live Mint  

Coimbatore: The gold jewellery industry in the country has not witnessed any significant growth in the last two years, particularly after demonetisation and GST, the national apex body of gem and jewellery said Tuesday. Though the majority of the population of the older generation saw the precious metal as a long-time investment, the change in the lifestyle of the younger …

Jewellers find exports tough as bank fraud squeezes credit
6 years, 4 months ago

Jewellers find exports tough as bank fraud squeezes credit

Live Mint  

Mumbai: India’s jewellery exporters expect tighter lending to douse any recovery in overseas sales this year, stoking fears that buyers will shift to rivals China and Thailand. In the nine months since India’s biggest bank fraud came to light, jewelers have struggled to get credit to run their businesses. Exports may not grow this year with shipments hovering near last …

Gems and jewellery exports dip 22% in April on account of demand slowdown in major markets
6 years, 10 months ago

Gems and jewellery exports dip 22% in April on account of demand slowdown in major markets

Firstpost  

Gems and jewellery contribute nearly 7 percent to the country’s GDP and over 15 percent to the merchandise exports New Delhi: India’s gems and jewellery exports have declined 22 percent to $2.6 billion in April on account of demand slowdown in major markets including the UAE. The three countries account for over 80 percent of the country’s total exports of …

Recent performance of the gems and jewellery sector has been dismal
7 years, 1 month ago

Recent performance of the gems and jewellery sector has been dismal

Live Mint  

How profitable has the gems and jewellery sector been recently? Net sales of the gems and jewellery sector declined 15% year-on-year for the December 2017 quarter. “One has to differentiate between the current fraud and the performance of the gems and jewellery sector which are not related,” says Madan Sabnavis, chief economist at CARE Ratings Ltd. Nevertheless, the fact that …

Taking a leaf out of nature
7 years, 4 months ago

Taking a leaf out of nature

Deccan Chronicle  

The watermark of a civilisation has often been gauged by its aesthetics, and jewellery is perhaps one of the most lasting indications of it. Enamelled surfaces — whether at the back of the kundan jewellery or as surface embellishments in their own right, have found takers across the caste spectrum as it doesn’t detract from the actual weight of the …

Russia plans gem reform to compete with India’s million workers
7 years, 6 months ago

Russia plans gem reform to compete with India’s million workers

Live Mint  

Moscow/London: Russia wants its biggest diamond miner to work more closely with the country’s top gem cutters so the industry can better compete in a market that’s dominated by Indian manufacturers. As part of a plan to boost the competitiveness of Russian diamonds, the government wants Alrosa PJSC to offer more favourable terms to cutters including Kristall Production Corp., Russia’s …

Gems and jewellery exports grow by 12.32 pc in 2016-17
7 years, 11 months ago

Gems and jewellery exports grow by 12.32 pc in 2016-17

The Hindu  

Gems & jewellery exports from India grew 10% year-on-year to $43,156.21 million in the financial year 2016-17, according to figures released by Gem & Jewellery Export Promotion Council. Exports of gold jewellery rose 1.92% to $ 8721.81 million as compared with $ 8557.26 million in 2015-16 while exports of silver jewellery climbed 35.83% to $ 4 020.62 million. However, exports …

We have to be number one in gems and jewellery sector: PM Narendra Modi
7 years, 11 months ago

We have to be number one in gems and jewellery sector: PM Narendra Modi

Firstpost  

PM Modi said the jewellery designed in the country needs to be promoted across the globe. Surat: Prime Minister Narendra Modi today called upon the diamond industry in Surat to take a lead in making India emerge as number one in the gems and jewellery sector. But now we have to be number one in gems and jewellery, and not …

PM Modi to diamond industry: Go beyond cutting and polishing, make India a manufacturing hub
8 years ago

PM Modi to diamond industry: Go beyond cutting and polishing, make India a manufacturing hub

Firstpost  

The Prime Minister said the industry needs to understand its market and work towards becoming a leader globally. Prime Minister Narendra Modi on Sunday exhorted the Indian diamond industry to aim at becoming an international trading centre and “preferred destination for manufacturing” rather than only a cutting and polishing hub. My intention is to make India an international diamond trading …

As note ban hits India's stone cutting units, global diamond business loses sheen
8 years, 3 months ago

As note ban hits India's stone cutting units, global diamond business loses sheen

Firstpost  

The demand for diamonds is unlikely to revive any time soon as India struggles to dispense enough new notes, The global diamond industry is facing disruption that could stretch through the first few months of next year, including Valentine’s Day in February, as a result of Prime Minister Narendra Modi’s radical move to abolish most of the nation’s cash overnight. …

Come, polish in India: PM tells Russian jewellers
10 years, 3 months ago

Come, polish in India: PM tells Russian jewellers

The Hindu  

Prime Minister Narendra Modi has said India and Russia want to focus on transforming economic relations with the bilateral diamond trade being a key pillar of the relationship. Mr. Modi invited Russia’s diamond mining companies to do business directly with India and asked Russian President Vladimir Putin to ease regulations to boost bilateral diamond trade. Mr. Modi asked Mr. Putin …

Gold jewellery imports up 10 p.c. in April-June
10 years, 7 months ago

Gold jewellery imports up 10 p.c. in April-June

The Hindu  

The tough import norms and high premium on gold in the April-June 2014 quarter saw India’s imports of gold jewellery rise 10 per cent at Rs.696.44 crore. According to Gem & Jewellery Export Promotion Council, the premier industry body, during the period, exports of gold jewellery, including gold medallions and coins, rose 27.5 per cent to Rs.11,676 crore. The jewellery …

'Demand for jewellery won't be affected by economic downturn'
11 years, 5 months ago

'Demand for jewellery won't be affected by economic downturn'

India TV News  

Mumbai: The demand for jewellery will continue to rise even if there is a downturn in the economy, Union Minister Kapil Sibal said today. And even though India doesn't account for diamond and yet we have been ahead of all others in the field in terms of excellence,” the Telecom Minister said here at an awards function organised by The …

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