Gold Demand in India Set to Surge at 3% CAGR
With rise in disposable income and strong government support, gold demand in India will surge at a CAGR of 3% during 2011-2013, RNCOS acknowledged.
- (1888PressRelease) July 14, 2011 - According to our research report "Indian Gems and Jewellery Market Forecast to 2013", gold demand in the country has been witnessing tremendous growth for the past few years. This can be attributed from the fact that, the yellow metal is continuously gaining concern among the people as one of the safest investment avenue. Besides, rise in disposable income and jewellery demand has spurred the gold demand in the country. We expect that, the demand for yellow metal in the country will surge at a CAGR of 3% during 2011-2013.
Our ongoing analysis found that, the domestic gold market in the country is mainly dominated by family owned businesses. However, the market share of organized players has also been increasing with rise in number of entrants in the market. Besides, strong government support is helping the sector to retain its leading position across the globe.
Further, the report also provides detail analysis of production and demand of both gold and diamond jewellery. Additionally, prudent analysis of other gem stones, such as cut & polished diamonds, colored gemstones, synthetic gemstones, and pearls has been covered in the report.
"Indian Gems and Jewellery Market Forecast to 2013" provides strategic insight into the Indian gems and jewellery market. By analyzing past and future aspects of the market, the report highlights potential growth areas in the market and presents an overview on the market for gems and jewellery in the country. It also evaluates the emerging trends in the concerned industry. Additionally, the report provides intensive analysis of various segments under the gems and jewellery industry.
Our report also covers industry forecast and analysis based on various macro- and microeconomic factors, sector and industry specific databases, and our in-house statistical and analytical model. This model takes into account the past and current trends in an economy, and more specifically in an industry, to bring out an objective market analysis. Competitive landscape is also discussed in the report to provide clients a general overview of the market structure and its growth prospects.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM284.htm
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About RNCOS:
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
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