After jewellery manufacturing and exporting companies its time for the renowned jewellery retailers to launch their initial public offerings (IPO) and make a shift from a private company to a public company.
Import of gem and jewellery from India during April 2008 to February 2009, amounted to US$16817.06 million, increasing by 1.90 percent over the same period last year. In the corresponding period last fiscal, the imports were at US$16504.01 million. Within this, import of cut and polished diamonds stood at US$6354.46 million, while in the same months last year it amounted to US$ 4726.48 million, showing an increase of 34.44 percent in dollar terms. Rough diamond import dipped by 20.12 percent in dollar terms amounting to US$7249.39 million, while in the corresponding period it was US$9075.36 million. Import of gold bars increased by 12.68 percent to US$2275.86 million, while in the corresponding months last year it was at US$2019.69 million.
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