Tuesday 15 November 2016

#AOJQuote of the day 16th November 2016:

Demonetisation has halted the jewellery industry. But we have to go through this phase as we also have a parallel economy to take care off. For next 6 months the jewellery sales are going to be under pressure. Today on daily basis the business is only 5 to 10 per cent. It is definitely a positive move for the industry but it will take some time. As people have lost faith in the currency, with whatever money they have, they will invest in gold.-

 N Anathpadmanabhan , MD, NAC jeweller

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