World Information

  Gems and Jewellery Industry in India As of January 2021, India’s gold and diamond trade contributed 7.5% to India’s Gross Domestic Product (GDP) and 14% to India’s total merchandise exports. The gem and jewellery sector is likely to employ 8.23 million persons by 2022, from 5 million in 2020. Jaipur, a land with a vast cultural heritage and a spirited lifestyle, is also a very important city in the India gems and jewelry industry. The Jewelry Stores industry, which sells jewelry, timepieces and sterling and plated silverware, is composed of traditional brick-and-mortar shops and does not include internet, mail-order or direct-sale retailers. India is also home to around 450,000 goldsmiths, 100,000 gold jewellers along with 6,000 diamond process

Agriculture Sector in India   Indian Agri exports is likely to reach US$ 60 billion by 2022. Essential agricultural commodities export for April-September 2020 increased by 43% as compared to same period last year to Rs. 53,626 crore. Agriculture is the primary source of livelihood for about 58% of India’s population. Gross Value Added by agriculture, forestry, and fishing was estimated at Rs. 19.48 lakh crore in FY20. Share of agriculture and allied sectors in gross value added (GVA) of India at current prices stood at 17.8 % in FY20. Consumer spending in India will return to growth in 2021 post the pandemic-led contraction, expanding by as much as 6.6%.   The Indian food industry is

 India Tabacco Export Market Indian tobacco, introduced by Portuguese in the 17th century, is appreciated worldwide for its rich, full-bodied flavour and smoothness. It is now an increasingly well-known and respected commodity in global tobacco markets and has found its way into cigarettes manufactured in several countries. India has an impressive and progressive profile in the global tobacco industry, and it is an important commercial crop grown here. India is the second-largest tobacco producer and exporter in the world.   Tobacco is the common name of several plants in the Nicotiana genus and the Solanaceae (nightshade) family, and the general term for any product prepared from the cured leaves of the tobacco plant. More