Guidelines on Export and Export Documentation Software for Gems and Jewellery industry
India's gemstone and jewelry industry are one of the largest in the world, contributing about 29% of global jewelry consumption. The gemstone and jewelry industry plays a vital role in the development of an economy. This is a sector where India has a strong global reputation , being the largest exporter of gemstones and jewelry in the world . The sector contributes 7% of the country's gross domestic product (GDP). The gemstone and jewelry sector is an important source of foreign exchange. The importance of the gemstone and jewelry industry in the Indian economic scenario is developing over the last three or four decades. The gemstone and jewelry industry is one of the major contributors to the country's export growth. It is one of the fastest-growing sectors. Today, the Indian gemstone and jewelry industry is a world leader employing directly or indirectly around 5 million people “In August 2021, India exported US$ 3.43 billion worth of gems and jewe...