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Below the Perspective on `Election Results and Its Impact On Gems & Jewellery Sector` by Mr. Colin Shah, MD, Kama Jewelry

"While the consumer demand largely remains unaffected due to election results, the industry hopes on continuity on governance as a key take away from the elections and looks forward to a further seamless ease of doing business. Despite the hurdles, Indian gems & jewellery sector has flourished in the last one decade and looks forward to policy reforms that promote a favourable environment for the sector.

From the investors’ perspective, gold has once again proven to be a robust hedge against economic weather fluctuations. As the stock market witnesses a blood bath owing to election results, yellow metal continues to hold fort as it’s barely impacted by domestic factors."

Mr. Colin Shah, Founder and Managing Director of Kama Jewelry

Mr. Shah initiated into the diamond trade at the age of 17 with hands-on training in polished assortment, diamond manufacturing, and jewellery manufacturing. He is a first generation entrepreneur who started own business at the age of 21, exporting diamonds to Japan and Gulf along with the local market. He is a certified Gemologist from International Gemological Institute. He is Former Chairman of Gem Jewellery Export Promotion Council (GJEPC), and current member of FIEO.

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