Tuesday, April 17, 2012

WEAK EUROPE AND U S DEMAND, JEWELLERY EXPORTS DIP

Slow down in US and Europe has affected the Gems and Jewellery business  too.


According to GJEPC, Gems and jewellery exports dipped marginally to US$42.84 billion in 2011-12 owing to weak demand in western markets like the US and Europe. The exports were US$42.99 billion in the previous year.

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