With a daily earning of nearly Rs. 10 crore, ____ is the largest jewellery market in uttar Pradesh.

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1 Answer

answered Mar 4, 2022 by Mahendrak (121k points)
selected Mar 4, 2022 by Harshwardhan

Best answer

Correct Answer - Option 1 : Meerut

The correct answer is Meerut.

With a daily earning of nearly Rs 10 crore, Meerut is the largest jewellery market in Uttar Pradesh and among the top ten in the country.
With over 40,000 artisans and 2,000 jewelry shop owners in the city depending on the industry.
The gems and jewelry sector plays a significant role in the Indian economy, contributing around 7% of the country’s GDP and 15% to India’s total merchandise export.
India’s gems and jewelry sector is one of the largest in the world, contributing 29% to global jewelry consumption.
The sector is home to more than 300,000 gems and jewelry players.
Its market size will grow by US$ 103.06 billion during 2019–2023.