WGC's proposal to create a "golden" tourist route in India is fervently supported by local jewelers, who expect it to increase the production of handmade gold jewelry, which is in demand both among foreigners and local residents.
Artisanal jewelry production not only allows buyers to purchase goods for more attractive prices compared to factory products, but also promotes employment growth.
"Our review of the prospects for the development of the Vision 2020 industry presupposes the transformation of the country into a world-class jewelry manufacturer by increasing the export of jewelry by fivefold and doubling the number of workers engaged in this sector." To meet these challenges, handicraft manufacturers need to upgrade their skills, "said the Managing Director of WGC in India Somasundaram PR (Somasundaram PR).
WGC believes that in the next five years, India should try to increase gold jewelry exports fivefold, to $ 40 billion from the current $ 8 billion.
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