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Gold business in Thrissur
The Gold business in Thrissur is a major revenue earner for the economy of Kerala, India. About 500 kg of gold jewellery is manufactured every year in state, the majority of which is done in Thrissur, making the city a hub of gold business and gold jewellery manufacturing in Kerala and South India. All major jewellery groups in Kerala have manufacturing facility and showrooms in Thrissur.
==History==
Thrissur's destiny with gold started a long way back with Roman and Arab traders in the lost port city of Muziris in Kodungallur. The bad days of goldsmiths started when Economic liberalisation in India began in 1990's. The repeal of the Gold Control Act, introduction of provisions relating to gold in the Foreign Exchange Regulation Act, 1973, and the grant of permission to Non-Resident Indians (NRIs) to bring in up to 5 kg, subsequently raised to 10 kg of gold on payment of a small duty in foreign exchange. This was the last nail in the coffin of the goldsmiths.
The de-regulated gold sector offered a huge opportunity for businesspersons from Thrissur and India. Some of the goldsmiths turned in to businessman and later into wholesale dealers of gold jewellery. But the sector was lacking from employment problem. Most of the traditional goldsmith families next generation opted out from this old profession. Thus it attracted unskilled workers which in turn ran most of the jewellery business in Kerala now. But that change was short-lived. Craftsmen from West Bengal and Orissa were the main attraction in 2000 because of their skills.〔(【引用サイトリンク】title=Past masters )〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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