The domestic gems and jewellery industry, that currently accounts for exports worth $18 billion (Rs 72,000 crore) can touch the target of $37 billion (Rs 148,000 crore) of exports by 2015, if the sector is transformed from family-owned to professionally-managed business, a study done by Federation of Indian Chambers of Commerce and Industry (Ficci) has said.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The study called for ensuring easy access to dollar loans and rupee loan at a uniform interest rate for the diamond industry to make it more competitive. &#34The matter needs to be taken up with the RBI and finance ministry for regulatory measures,&#34 the study added.
</p><p class='TableClas'>Ficci also called for easy availability of gold loan products to domestic manufacturers, allowing exporters to import gold freely to position the sector on a higher growth trajectory. </P></p><p class='TableClas'></p></table>


Jewellery exports may touch $37 bn

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