Analysis Of The Indian Jewellery Industry

Analysis Of The Indian Jewellery Industry Role in Indian Economy The Gems and Jewellery (G it is also the processes 90% of the diamonds by pieces (55 percent by value of the global market) – largest consumer. The Gems and Jewellery Export Promotion Council (GJEPC) is responsible for sustaining the new initiatives in the sector(Public enterprise). The industry holds prominent significance as it is a net exporter and provides employment to 1.3 million people directly and indirectly. India is also emerging as the world’s largest trading centre for gold targeting US$ 16 billion by 2010. GJ market contributes 16 per cent of total exports, making it a significant foreign exchange earner for the country. Growth Potential Jewellery Retail Sourcing from the skill to the ability to innovate and develop. Currently, India’s G&J industry is highly unorganized and fragmented with 96 percent of the total players being family owned businesses. The gold processing industry has around 15,000 players, with only 80 having revenues over USD 5 million. India is also home to around 450,000 goldsmiths, 100,000 gold jewelers along with 6,000 diamond processing players and 8,000 diamond jewelers. Consumers have started shifting towards branded jewelery, which offers higher quality and saves the consumers from unfair trade practices in the industry. The emergence of jewelry retail chains provide customers with convenience and assurance of quality. The organized gems and jewellery sector is expected to progress with a good pace in near future, and should hopefully account for nearly 8% of the total gems and jewellery market by 2009-10. The Branded jewellery segment is also expected to have a high growth rate. The key drivers for the industry growth are raising disposable income, conscious marketing efforts, rising young population with urge to spend and jewellery being increasingly regarded as fashion accessory. The entry of foreign players is also likely to increase competition and provide consumers with g reater choice. As Indian gem and jewelry exports have grown to $17 billion, the industry has witnessed an annual average growth rate of about 15-20 percent. EXPORTS The gems and jewellery industry provides a shining example of achieving international competitiveness. The bulk of the Indian GJ exports comprises import of rough diamonds, their cutting and polishing in India, and re-export. CPDs(Cut-Polished-Diamonds) accounted for 71.1% of India’s GJ exports during FY2006, followed by gold jewellery (23.2%), rough diamonds (3.4%), coloured gemstones (1.4%), and non-gold jewellery (0.9%). Thus, these two items-CPDs and gold jewellery- accountrd for around 96% of India’s GJ exports.

U05a1 Project Annotated Outline and Annotated Bibliography Essay

U05a1 Project Annotated Outline and Annotated Bibliography - Essay Example health care is completely covered for and is accessible to all. This is a very common topic for almost all Americans. b) This makes the topic very important as it will permit getting a clear understanding of where the health care sector is headed and what is the future for the health care of the middle class American families. The document provides a clear report on the effects of the patients protection and affordable care act of 2009. The document is detailed with a clear explanation of the act and is very helpful in developing the study further. The above mentioned document provides a clear summary of the act and also provides a detailed explanation of the theory and the overall study which is very helpful for this study. This is an overall very helpful paper and is helpful in completion of this research. Dorgan, B. L. (2010). The Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act. Retrieved May 26, 2010, from Democratic Policy Committee: http://dpc.senate.gov/dpcdoc-sen_health_care_bill.cfm This website provides a detailed explanation of the act and is very insightful as it provides a through explanation of the topic and also provides insight into the benefits and drawback of the act as well. This website will prove to be very helpful for the research as it is a direct government website and is updated with the latest on the topic and all discussions regarding the topic are easily available in simple and straightforward language making it easier to follow and

Humanistic School of Psychology Essay Example | Topics and Well Written Essays - 1250 words

Humanistic School of Psychology - Essay Example Humanistic psychology emerged in the 1950s, the time marked by profound social changes, the onset of global movements, emergence of new scholarly paradigms questioning the traditional empiricist and positivist conceptions of the world and human being, the change in physics which "discarded the requirement of total objectivity and the complete separation of external world from observer", etc (Schultz and Schultz, 2004: 483). In psychology, these transformations took shape of the rise of cognitive and humanistic perspectives that actively criticized psychoanalytic theory for portraying people as being directed only by their unconscious wishes and irrational forces. They also did not support the behaviorist school because the latter viewed people as biological robots "who are mechanically programmed by the conditioning force of external stimuli" (Vander Zanden, 1993: 45). These principles rely almost exclusively on the research and findings of two American psychologists Abraham Maslow and Carl Rogers, the brightest and most proliferate representatives of humanistic psychology. The essence of Maslow's theory is the hierarchy of needs and "self-actualization" - development and self-improvement of personality. Human have a complex hierarchy of needs that emerge at the moment of birth (food, drink, shelter) and continue throughout life (social security, status attainment, etc). Visually, these needs are organized in the form of the famous 'pyramid of need' with physiological needs being at the bottom and self-actualization being at the top. Maslow believes that the lower layers of needs must be fulfilled first before passing over to the upper layers. However, it does not mean that each person must follow the same template: fulfilling the non-basic needs depends entirely upon the individual. Musicians must make music, artists must paint, and poets must write if they want to be ultimately at peace with themselves. What humans can be, they must be: they must be true to their own nature and if they are it is called "self-actualization". This category is less a nee d than a final development stage for the person (Maslow, 1987). Poor amenability to being quantified and lack of predictive power is perhaps the most often mentioned drawback of Maslow's model: it is a general idea or shape that is descriptive and represents a great analytic interest. Maslow's theory is also weak on the exact points of transition. Thus, for illustrative purposes one may speak of someone's needs being 85% satisfied, but there is absolutely no possibility available to quantify the