A report by Research and Markets suggests, the jewellery market in India is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.95% over the period 2014-2019. Estimates suggest, that the Gems and Jewellery sector plays a significant role in the Indian economy, contributing around 6-7 per cent of the country’s GDP. India exports 95% of the world’s diamonds, as per statistics from the Gems and Jewellery Export promotion Council (GJEPC).
India is the hub for gems and jewellery trade in the world. If you are looking for high quality and authentic gemstones, KGK Group is one of the best suppliers of gemstones across the globe.
The group supplies amethysts, aquamarines, blue topaz, citrines, garnets, green tourmalines, morganites, paraibas, peridots, quartz, rubellites and Tanzanites all over the world. The group also deals in precious gemstones like emeralds, rubies and sapphires. Globally, India is one of the largest exporters of gems and jewellery. UAE, US, Russia, Singapore, Hong Kong, Latin America and China are its biggest importers.
The KGK group makes sure that it supplies international quality products and the stones are well proportioned, clear, bright and have beautiful colour. KGK sources from the best mines in Brazil, Madagascar, Mayanmar, Tanzania, Colombia, Mozambique, Sri Lanka and Zambia. It is present across the value chain, which gives it the advantage of supplying quality products to its clients. The group also cuts, processes and polish its own gemstones to ensure maximum quality and value.
India is known internationally for the quality of its gems and jewellery exports. Its export to the US rose 7.81% year-on-year during October-December 2016 due to a revival in the overall economic activity in the US. According to GJEPC, gems and jewellery exports are likely to witness a growth of about 10% this fiscal due to increasing demand in the US and Europe.