Jewellery is set to maintain dynamic current value growth in India in the forecast period, with increases for both costume and fine jewellery. The emergence of lab-grown diamonds presents a significant opportunity for the growth of fine jewellery in India.
The Gems and Jewellery industry has emerged as one of the largest sectors in India, playing a crucial role in the nation’s economy. Recognising its significance, the Indian government has taken proactive steps to promote indigenous manufacturing, particularly in the burgeoning lab-grown diamonds segment.
Jewellery, particularly fine gold jewellery, relies heavily on sales during festive seasons such as Diwali, Dhanteras, and Akshay Tritiya in India. These celebrations hold deep cultural significance, symbolising auspiciousness and prosperity, driving the tradition of gold purchases and gifting.
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Understand the latest market trends and future growth opportunities for the Jewellery industry in India with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Jewellery industry in India, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Jewellery
Jewellery is a kind of personal adornment usually made with various precious and semi-precious materials such as gemstones, precious metals, beads, glass, and shells. Jewellery is segmented as either real or costume jewellery. Hair Accessories are not included as part of Real or Costume jewellery.
See All of Our DefinitionsThis report originates from Passport, our Jewellery research and analysis database.
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