India possesses world's most competitive gems and jewellery market owing to its low cost of production and availability of skilled labor. The industry is characterized by a significantly large unorganized sector, labor-intensive operations, high working capital & raw material intensiveness, gold price volatility and export orientation. The Indian gems and jewellery sector is expected to grow at a compounded annual growth rate (CAGR) of approximately 13 percent during 2009–2015, on the back of increasing Government efforts and incentives together with private sector initiatives. Perpetual traditional demand, important savings and investment vehicle, Increasing affordability, Industry standards, certification, and hallmarking, Government Support and Availability of labor at competitive wages continued to remain the growth drivers for the industry.
IS Advisors takes you through the impact analysis of Union Budget 2012-13 on the Industry in this report. The report provides useful and comprehensive information about the industry expectations from the budget, proposed measures in the budget and their impact on industry and its players.
SCOPE OF THE REPORT
REASONS TO BUY
- Industry at a glance
- List of key Budget expectations
- Analysis of the various budget provisions affecting the industry
- Summarize impact on key players of the industry
To understand the impact of key government policies on the overall industry and key players