(via idexonline) Ken Gassman writes:
The Indian economy continued to surge ahead in the three months ended September 2006, with a gain of 9.2 percent, one of the highest growth rates in the world. The Indian jewelry market is estimated to be about $10 billion, or about 8 percent of the world market. It is largely driven by demand for gold jewelry, but demand for diamond jewelry is increasing rapidly.
Similar to the second quarter, growth of India’s Gross Domestic Product (GDP) was largely driven by the country’s manufacturing sector, which is becoming increasingly important. Currently, manufacturing accounts for about one-fifth of India’s economy. Manufacturing output is driven by both local demand and very favorable external demand.
More info @
http://www.idexonline.com/portal_FullNews.asp?SID=JPO0FNIH9LQ8UV0ENRSMOWZP4&id=26626
No comments:
Post a Comment