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New Delhi, Sept. 5

The export of gems and jewellery and readymade garments will fall short of the target for the current fiscal by at least Rs 20,000 crore an account of the rupee strengthening, according to industry chamber Assocham. The figures of the two sectors would end at Rs 2,10,000 crore from the targeted Rs 2,30,000 crore by March 2008. While gems and jewellery would witness loss of about Rs 12,000 crore, the readymade garments sector will witness net loss of Rs 8,000 crore. - Our Bureau

More Stories on : Exports & Imports | Industry Associations | Gems & Jewellery | Readymade Garments

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