An expanding global economy, rapid technology
innovation and a focus on core competencies are all driving companies to
seek the cost savings, quality improvements and strategic advantage that
come through outsourcing of critical business processes. Many
gems
and
jewels manufacturers and exporters are outsourcing their
business.
Outsourcing Gems and Jewels to India
Gems and
Jewellery outsourcing was taking place on a
small scale, but now it is improving. In addition to availability of
skilled labour and advanced technology in India, favourable Government
policies, too, have brightened the prospects for domestic manufacturers.
The Government has allowed duty free import of raw material and recently
lifted curbs on direct gold imports.
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