subject: Analysis: The Processing Of The Indian Gold Jewelry (with Photos) [print this page] Processing the Indian gold jewelry 2 17, the southern Indian city of Chennai Trade Centre, golden light shines in the hall, crowded. Gold in the Jewelry Show held here attracts a lot of visitors. More than 150 from India and abroad and many retail jewelers and consumers to participate in this exhibition. Exhibition not only brings together almost all of India's jewelry manufacturers, and some of the world's leading jewelers have also brought the latest wave of jewelry.
Country of consumption of gold jewelry
India's long history of jewelry processing areas, the Indian Government for the jewelry industry for much of the support, the jewelry industry as a national priority to the development of industries. India is the world's jewelry, gold jewelry, colored gemstone production and processing consumption centers, more than 90% of world jewelry gold jewelry production and processing capacity. India is the world's largest gold consumer market, India's gold demand, accounting for 20% of total global demand for more than a year spent about 800 tons of gold, most of which are used in jewelry consumption. Indian gold consumption, marriage is the "golden period." In the Hindu auspicious day for wedding jewelry store full of people who buy gold jewelry. According to "Ta Kung Pao" report, statistics show that about 10 million every year in India the bride into the marriage hall, many of them would choose to wear gold jewelry, but also received a large number of relatives and friends brought gifts of gold products, so years, necessitating the gold consumption in India as the world's largest country. Gold is seen as portable wealth
In India, rapid economic development has prompted many Indians off the them, but sometimes the people are still skeptical about the stock and bonds, so the gold will be regarded as a portable wealth. Gold also known as "women's wealth", it was seen as the bride's financial security.
Reported that, in the efforts of several generations, India is now the country's households have accumulated about 15,000 tons of gold, respectively, this number is equivalent to the Central Bank of India and the United States central bank gold reserves of 40 times and 2 times.
Southern Indian city of Manmohan Das City jewelry stores partners Nila Jie? Mehrotra believes that gold and Indian culture are deeply intertwined, whether a wedding or other ceremony, which custom has not habits are completely Lide Kai gold.
Jewelry strong exports India is still a major exporter of gold jewelry, annually to the United States, the United Arab Emirates and the United Kingdom exports of gold jewelry worth 3.86 billion U.S. dollars, most of which are made with 22K gold hand. Recently, the only jewelry exports to total exports to India accounted for nearly 15%. India's gold jeweler to export as a focus area, the establishment of a number of processing and training center designed to improve the quality of jewelry. Gem Export Promotion Council of India has also created a jewelry design institute to train novice and development of existing technology. Indian processors and designers to promote the improvement of the quality of the jewelry, which makes its products in the United States, Hong Kong and the Middle East market position improved.
International Jewellery Union, Xi Kawa out where to have prediction: China will soon replace the U.S. as the world's largest jewelry consumer. The face of China's jewelry market, this boom in India is very optimistic about the market value of its implication.
Last year, according to Indian Commerce and Industry Association figures published by the Indian jewelry market in 2010 will reach 20 billion U.S. dollars.
Analysis: The Processing Of The Indian Gold Jewelry (with Photos)
