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India reveals gold jewellery export expansion plansThe news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council. Thursday, 27th May 2004 (6491 views) The Gem & Jewellery Export Promotion Council has revealed it aims to boost exports in India in the next three years.<BR/><BR/>Latest targets hope to achieve R16 billion worth of exports in the diamond and studded jewellery sector by 2007.<BR/><BR/>Shantanu Rajguru, director of the eastern region told The Telegraph India: "India has a stake of two per cent in the 50 billion global market at present. But there is good scope for increasing our share."<BR/><BR/>Already $12 billion worth of exports have been achieved so far this financial year, with $3 billion conducted in the plain and studded gold jewellery sector.<BR/><BR/>The council has recently set up a diamond grading and identification workshop to help increase knowledge of how to identify diamonds, aimed at city jewellers and jewellery design students.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=2704912"/>
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