Your Guide To Jewellery Exports

In times of economic uncertainty, growth is critical to the survival of a business and exporting gems and jewellery presents some of the most compelling opportunities to expand your business. What are the benefits of exporting? Why should you consider it? If you’re thinking about going in for export, there are a number of key areas you need to learn about.

Our special feature on gems and jewellery export will provide guidance on the areas for careful consideration and planning. It is a brief and to-the-point compilation of information on various procedures pertaining to the export of gems and jewellery such as documentation, statutory requirements, duties, taxes, permissions and government rules and regulations.

India is one of the largest exporters of gems and jewellery and the industry is considered to play a vital role in the Indian economy as it contributes a major chunk to the total foreign reserves of the country. The industry has registered a remarkable growth over the last four decades, with exports grown from USD 28 million in 1966-67 to USD 39 billion in FY 2015-16.

In spite of the global slowdown, the industry has registered unprecedented growth in export of gem and jewellery. The industry is further growing by leaps and bound.