- India has the 11th largest nominal GDP and 4th largest GDP by PPP. Exports were $30 billion and imports $30 billion in the 3rd quarter.
- Gems and jewelry are a major Indian export, constituting 20% of total exports. Surat is the 3rd largest consumer of polished diamonds.
- Jewellery Joy is a small, profitable company that exports custom diamond jewelry to the US, UAE, and other countries. It aims to expand operations and capture more international buyers.
8. Jewellery Industry In India Major markets: United States- 30% Hong Kong, UAE, Belgium, Israel, Japan, Thailand and the United Kingdom new markets such as South America and East Asia The industry, constitutes around 20 percent of the country's total exports, affected by the massive global economic recession in the last two years Diamond-studded jewellery now comes with a buyback guarantee, of 90 per cent of resale value. Gems, jewellery exports up 39%. Surat- 3rd largest consumer of polished diamonds Import – 1888crore Export - $8 billion
9.
10. It deals in export of all kinds of diamond studded jewellery
16. Company Formation Its is a sole proprietory concern Current A/c in Saraswat Co-operative Bank The name of the company is Jewellery Joy We export custom made diamond studded jewelleryEg. Earrings, bracelets etc Registered Address: 55, Apollo industrial Estate, Off Mahakali Road, Andheri(East), Mumbai-400093 Manufacturer exporter
17. Export Process Company Formation IEC number VAT Authorities Export Promotion Council Registration Export Order Contract Procurement / Manufacturing Packaging & Labeling Shipment Receipt of Goods & Payment
22. Export Process Company Formation Registration Market Channels of Distribution Buyers/AgentsSamples Export License Export Order Contract Procurement / Manufacturing Packaging & Labeling Shipment Receipt of Goods & Payment
23. Sample Line According to requirement of customer the sample is shown to them They inform the buyer about time taken to manufacturer and deliver They inform them about the price Sometimes they even export samples
24. Export Order Target market- UAE, USA Order in the form of a mail No buying agents Few trusted customers No overseas agents
25. Export Order Dear Aanchal, My Style Your Style pc price SS/YG Total Value 200 BRC-40 225 14 Blue Sapphire/White 3150 201 BRC-47 150 12 Blue Sapphire/White 1800 202 BRC-48 150 10 All White Diamonds 1500 204 BRC-45 180 5 All White Diamonds 900 204 BRC-45 250 9 Green/Brown/White 2250 204 BRC-45 200 5 All White Diamonds 1000 200 BRC-40B 125 9 1125 201 BRC-47B 125 10 1/2" Larger 1250 202 BRC-48B 125 10 1/2" Larger 1250 220 BRC-51B 135 10 1/2" Larger 1350 15575 If you have any query please let me know asap. Thanks, KusumRungta
26. Channel Of Distribution We export through sales agents –Kalyan Enterprise Functions that the export agents carry out
27. Export Process Company Formation Registration Export Order Export Contract Pricing and Costing Mode of payment Exchange rate protection Contract Procurement / Manufacturing Packaging & Labeling Shipment Receipt of Goods & Payment
46. Export Process Company Formation Registration Export Order Contract Procurement / Manufacturing Packaging & Labeling Shipment Receipt of Export Proceeds