To: Alan Whirlwind who wrote (44634 ) 11/5/1999 4:31:00 PM From: Alex Read Replies (1) | Respond to of 116756
Gold jewellery exports to Gulf touch nearly 20% Our Mumbai Bureau 5 NOVEMBER THE Middle East has become the second largest market for Indian jewellery with exports touching $165m, or nearly 20 per cent of country?s total gold jewellery exports. ``Though the trend of jewellery in the Middle East has been for 22 carat plain gold jewellery, of late there has been a shift in the preference towards studded jewellery that represents tremendous business opportunities for India,?? says a spokesman for the Gem and Jewellery Export Promotion Council. Come November and once again jewellery buyers from the Gulf will witness the beauty and glitter of exotic jewellery from India at Jewellery Arabia ?99 to be held in Bahrain between November 9 and 13, 1999. Leading Indian exporters are displaying a wide range of diamond and gem-set jewellery as well as plain gold and silver jewellery in classic and contemporary designs in the India Pavilion on 200 square metre area, he added. The efforts of the Indian gem and jewellery industry to portray its image and unique identity, is reflected in the recently adopted mnemonic (generic logo). ``This mammoth industry, where technology combines with the perfection and creativity of the artisan to produce the most exquisite and dazzling pieces of jewellery, now has a signature of its own,?? the spokesman said. India is poised to enter the new millennium and obtain greater market share and market leadership in the gems and jewellery industry. During the millennium year, the council is once again mounting Indian Pavilions at the Basel Show and the JA International Jewellery Show, New York. Indian Pavilions are also being put up at the Hong Kong Jewellery & Watch Fair 2000, Arab Jewellery & Watch Show at Abu Dhabi and Jewellery Arabia 2000 at Bahrain.