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Article: Jaipur's stone-studded jewellery becomes cheaper
- Article from:
- The Hindustan Times
- Article date:
- December 25, 2007
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Report from Indo-Asian News Service brought to you by HT Syndication.
Jaipur, Dec. 25 -- The rise of the rupee against the US dollar has made imports of precious and semi-precious stones cheaper, bringing down the prices of stone-studded Jaipur jewellery.
"Most of the raw material is imported from African countries. Almost 85-90 percent of roughs (uncut stones) are imported and with imports becoming cheaper the jewellery have started to cost less. According to my estimates, stone-studded jewellery prices have come down on an average by 7-10 percent," Dinesh Khatoria, director, Valentine Jewellery (I) Pvt Ltd, told IANS.
"Yes, prices have come down. Stone-studded jewellery, once a ...