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https://www.ibef.org/industry/gems-jewellery-india.aspx
Introduction. As of January 2021, India’s gold and diamond trade contributed ~7.5% to India’s Gross Domestic Product (GDP) and 14% to India’s total merchandise exports. The gem and jewellery sector is likely to employ ~8.23 million persons by 2022, from ~5 million in 2020. Based on its potential for growth and value addition, the Government declared gems and jewellery …
https://www.ibef.org/industry/gems-and-jewellery-presentation
The Government has made hallmarking mandatory for gold jewellery and artefacts and a period of one year is provided for its implementation. As per Union Budget 2021, the Gem and Jewellery Export Promotion Council has proposed a reduction in import duty on cut and polished diamonds to 2.5%, from the existing 7.5%, in order to double exports of gems & jewellery to US$ 70 billion by 2025. Cumulative FDI inflows in diamond and gold ornaments in India …
https://www.rough-polished.com/en/expertise/46501.html
Jan 27, 2011 · The gems and jewellery industry occupies an important position in the Indian economy. According to the report issued by India Law Offices, it is a leading foreign exchange earner, as well as one of the fastest growing industries in the country. The two major segments of the sector in India are gold jewellery and diamonds.
https://www.statista.com/topics/5031/jewelry-market-in-india/
Mar 11, 2020 · Besides a love of jewelry for aesthetic purposes, Indians also value precious metals (gold in particular), as a monetary safeguard and status symbol. In the city of Mumbai, the country’s ...
https://economictimes.indiatimes.com/topic/Indian-jewellery-market
Apr 29, 2021 · Jewellery demand has picked up as gold prices have fallen to about Rs 44,000 per 10 gm, but investment demand has dried up as investors are parking funds in equity markets in hope of better returns, said, industry executives. Actress Disha Patani roped in as the brand ambassador for diamond jewellery player Orra 26 Feb, 2021, 08.47 AM ISTEstimated Reading Time: 4 mins
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