New Delhi, Jul 5 (UNI) The jewellery exhibition which has been attracting thousands from across the world from past three years, welcomed Dubai's participation in JCK, New Delhi 2008 Business-to-business exihibition.
Participants from the UAE include the Dubai Export Development Corporation (DEDC) and private exhibitors - International Diamond Laboratories, Yasyan, Embellage, Deepu Jewellers and Shantilal Jewellers.
It is the first time that the country would be host to the West Asia market.
''It is a landmark event in the relationship between India and Dubai. As an official export agency of Dubai government our role is to support Dubai-based Jewellery business and manufacturers to develop and diversify their overseas operations,'' said CEO Dubai Export Development Corporation (Government of Dubai) Eng Saed Al Awadi.
The jewellery market is undergoing a gradual metamorphosis from a 'storehouse of value' to a fashion accessory bazaar. Indian consumers are also looking beyond gold, to diamonds and white metals, as a result the country has become an exciting jewellery market offering unlimited potential, he added.
With a significant 43 per cent growth in exports, Dubai has emerged as the largest exporter to India. In 2007, India exported an estimated 5.8 billion dollars worth of semi-precious stones and precious metals while, Dubai's export orders for the same to India accounted for 2.7 billion dollars UNI AK PDT HS1709