Jewellery lures diamond company in Surat

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Surat India(Surat in) ,Ranked by a U.N survey on growing metropolises as one of the fastest growing cities in the world, Surat has the unique distinction of being the heart centre of the Diamond industry in the world.Surat is known as 'Diamond City' becuse of excellent business prowess in Surat Diamond industry. Surat’s sparkling claim to fame comes from its diamond polishing industry which polishes almost 95% of the world’s diamonds. This port town situated in the Western state of Gujarat is also celebrated as one of the oldest trading port towns of ancient India. From chemicals to sarees, from Dress Materials to Hotels In surat, from pharmaceuticals to Surat textiles; synthetic fibres to ornate Surat Zari embroidery;Surat has the distinction of being an out and out industrial town with the golden touch!.Because of its growing business properity one can find many good Schools in Surat Anyone dreaming of making it big in any business can actually make their dreams come true in this city.It surely has the Midas touch that can transform dreams into gold! Read More

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Surat Diamonds,Diamond Jewellery in Surat is information which consists of this website. Shopping Surat contains details information of Surat Diamonds. From diamond information to why Surat Diamonds industry is losing its sheen in recent years.You can als get comprehensive details on Diamond Tutorials.

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Jewellery lures diamond company in Surat

With margins in diamond cutting drying out,diamond jewellry secter is attracting many cos With profit in diamond cutting and polishing fading away and diamond jewewllery sector all poised to boom,diamond manufactures in Surat have set their eyes firmly on jewellery making.

A number of diamond polishing companies have foryed into manufaturing of diamond jewellery, even as some have gone one setp futher by forward integrating into retailing of jewellery under diffirent brand names.

"Profit margins have dried out completely in diamond polishing. The only way to survive and grow is through value addition, which is by manufacturing jewellery.

So it good that diamond companies are now getting into jewellery manufacturing," said Sanjay Kothari chairman of The Gem and jewelley export promotion council.

"It makes business sense for diamond companies to integrate jewellry manufacturing, because diamond jewellery highly popular, and its demand is on the rise,"said KK Sharma, executive director of India Diamond Institute (IDI).Many diamond cutting companies in the city are already engaged in jewellery manufacturing. We are expecting more companies to follow suit Shama added.According to industry predictions, diamond jewellery sales are all set for a big leap in the coming years. Global diamond jewellery dales are expected to increase from around $ 70 billion at present to $95 billion by 2015.
In India, diamond jewellery sales are estimated at $ 2 billion, which would increase to nearly $7 billion by 2015. Diamond jewellery persently accounts for nearly 15% of the total jewellery consumption in the country, which is expected to ries to 15%in the next eight years.
Many local companies have also forayed into manufacturing and retainling of branded jewellery .
Some of the famouse diamond jewellery drands offered by local companies are cygnus, sanginikiah ciemme and kisna.
"With rising income levels, more and more people are now looking to buy diamond jewellery. The demand for branded jewellery will be especially high which will drive the geowth of gem and jewellery sector," Chadrakant sanghavi, partner sanghavi,Exports, which sells Sangini diamond jewellery.

Spreading wings

Some cos have lanched jewellery brands

Diamond jewellery sales in india predicted to increase from $2 bnat persent to $7 billion by2015

Diamond jewellery persently accounts for nearly 25% of the total jewellery consumption in the country

This is expected to rise to 15% in the text eight years

Global diamond jewellery sales are expected to jewellery sales are expected to increase from around $ 70 billion at present to $ 95 billion by 2015

Some of the diamond jewellery brand offered include cygnus, sangini,kiah ciemme and kisna

"There is a ries in demand for branded diamond jewellery in the country, which is the main reason for our foray into its production and retailling," said Sameer Shah direcctor,c mahendra Exports,which sell jewellery under the brand name 'ciemme'.

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Surat is called silk City because of its Textile Industries:-Surat textile is second most powerful business the city.Surat is a main hub of production of high class fibers, be it natural, synthetic or man-made, Surat has carved a name for itself in the world of high quality production of fibers and accounts for almost 40% of all the synthetic fiber output in India More Info

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Shopping Surat contains information about Surat, India, Gujarat India, Surat Hotels, Surat Textile, Surat Diamonds, Surat Airport and Surat Sarees. Since 8 out of 10 diamonds are cut and polished in Surat India. That is why Surat is called 'Diamond City'. Another business of Surat is textile.Surat Textile is known not only in India but the world. There are many luxrious Hotels in Surat. Holiday inn is 5 star Hotel of Surat.