Jewellery consists of small decorative items worn
for personal adornment, such as brooches, rings ,
necklaces, earrings and bracelets. Jewellery may be
attached to the body or clothes. Jewellery is an
important emerging sector in the Economy. Ranked
among the fastest growing sectors, it is also a leading
sector for foreign exchange generation. Jewellery is
made of an alloy of gold, white gold, platinum,
palladium, titanium, silver etc.
If you think gold or silver are most expensive metals in the world
because we call them ‘precious’ if you think you’re wrong. For starters
other precious metals like platinum and rhodium cost more despite the
fact that their price come down considerably in recent week.
platinum is a chemical element. It is a precious, gray white
transition metal. Its name derived from Spanish term palatine, which
mean little silver. It is first time used by per-Columbian Latin American
natives to produce artifacts.
Rhodium is a chemical element. Rhodium discovered in
England by William Hyde in 1804. it is one of rarest and most
valuable precious metals. It is a noble metal, resistant to corrosion,
found in platinum. It is used as an alloying agent for hardening and
resistance of platinum..
The first signs of jewellery came from the people in Africa 75,000
years ago at Blombos Cave In Kenya. They use to ware sea snail shells
and ostrich egg shells. more than 40,000 years ago. In Russia, a stone
bracelet and marble ring are attributed. The first signs of established
jewellery making in Ancient Egypt was around 3,000–5,000 years ago.
Amulet pendant (1254 BC) made from Gold, Lapis lazuli, Turquoise and carnelian 14 cm wide
HISTORY OF KOHINOOR DIAMOND
The history of the Kohinoor goes back in history to more than 5000 years
ago. The current name of the diamond, Koh-I-Noor is in Persian and
means “Mountain of Light”. The Koh-I-Noor was transferred to the
treasury of the British East India Company in Lahore. Queen Victoria
wore the diamond occasionally After Queen Victoria’s death, the
Kohinoor became part of the Crown.
India is one of the world's largest diamonds and gem
polishing and jewellery manufacturing center, it is also first
largest consumers of gold. After crude oil and petroleum
products, the export and import of gold, precious metals,
precious stones, gems and jewellery accounts for the largest
portion of India's global trade. The industry contributes
about 7% of India's GDP and is a major source of its
foreign exchange earnings. Jewellery industry, in 2014,
created ₹251000 crore (US$38 billion) in economic output
on value added basis. It is a fastest growing sector of Indian
economy, and A.T. Kearney project says its grow
to ₹500000 crore (US$75 billion) by 2018
According to a report by Research and Markets,
the Jewellery Market in India is expected to grow
at a CAGR of 15.95 per cent over the period
The Foreign Direct Investment (FDI) inflows in
diamond and gold ornaments in the period April
2000 - June 2015 were US$ 716.95 millions.
The FY 14 saw an increase of 12.65 per cent in
export of cut and polished diamonds with the
segment reaching US$ 19,635 million.
The industry also witnessed a rise of 11.98 per
cent in imports of rough diamonds with figures
of US$ 16,716 million.
India imported 163.11 million carats of rough
diamonds worth US$ 16.34 billion and
exported 36.46 million carats of polished
diamonds valued at US$ 20.23 billion in 2013.
The country exported gems and jewellery
worth US$ 36.04 billion in 2013
India’s domestic Gems and Jewellery market is
The Gems and Jewellery sector plays a
significant role in the Indian economy,
contributing around 6-7 per cent of the
The Government of India has viewed the
sector as a thrust area for export promotion.
In FY14, India's gems and jewellery sector
contributed US$ 34.75 billions.
The domestic gems and jewellery industry had
a market size of Rs 251,000 crore (US$ 40.45
billion) in 2013, with the potential to grow to
Rs 500,000–530,000 crore (US$ 80.59-85.43
billion) by 2018.
Highly skilled, qualified and motivated
Strong marketing & distribution network.
Strong retail presence in India and in U.S.
Net Worth of the total size of the gems and
jewellery sector (both domestic and exports) is
about Rs 4,15,000 crore . So we can say that it
is financially very strong sector.
Strong brand equity and broad product range
like Gitanjali, Tanishq.
• There may be conflicts of interest between
organized & unorganized players.
• As the major raw material requirements need
to be imported, companies normally stock
huge quantities of inventory resulting high
inventory carrying costs.
• Technology is less improved compared to
China and Thailand’s company.
• New markets in Europe & Latin America.
• Growing demand in South Asian & Far East
• Industry moving from a phase of
• Expansion possibilities in lifestyle and luxury
products in India like watches, leather goods,
Platinum jewellery because increasing
disposable income of people.
• International Competition
• China, Sri Lanka and Thailand's entry in small
• Increase in the price of Gold & Diamonds.
• Other local competitors. According to the data
97% jewellery sales are by family jewelers.
• Threat from producing nation like S.A. &
TOTAL CONTRIBUTION OF THE
• GEM&JEWELLERY INDUSTRY SET TO DOUBLE IN 5 YEARS.
• With the Rs 2.5 lakh crore domestic gems&jewellery industry expected to
double in size in the next five years to between Rs 5,00,000 crore and Rs
5,30,000 crore by 2018,this sector is considered one of the most
important sectors of the indian economy and also one of the fastest
growing sectors in the past few years.
jewellery has a special significance in indian culture and has been an
integral part of our lifestyle for centuries.today,our country has a large
domestic jewellery market and is the largest consumer of gold jewellary in
the world with 29 per cent share of total global demand for gold as
The Gems&Jewellery sector has been playing a very important role in the
indian economy and it contributing 6 to 7 per cent of the country’s GDP.
TOP LEADING COMPANIES
• Harry winston
• Van cleef &Arpels
JOB OPPORTUNITIES IN JEWELLERY
• This industry provides direct employment to roughly 2.5 million people with
the potential to generate employment of 0.7 to 1.5 million over the next five
• Every where on earth,people honor and appreciate the beauty and mystery of
gems. And so it follows that every where . also find the gem and jewellery
industry. just like the gems that are at the heart of this work, the opportunities
are infinite but limited only by our imagination,passion,and the professional
• Sales professionals
• Management professionals
• Whole sale Jewellery manufacturing jobs
• Lab grader/quality assurance technician
• watch maker /importer
• Estate jewellery maker
India Overtakes China in Gold Demand
Indian appetite for gold jumped by more than a third in
the last quarter, in sharp contrast to the rest of the world,
boosted by jewellery demand for the wedding season, an
industry body said on Thursday.
Titan to Offer International Shipping of Jewellery Products
This new feature has been launched for a selected range
of jewellery products, keeping in mind the interest of non-
resident Indians (NRIs), People of Indian Origin (PIOs) in
purchasing ethnic products and jewellery from India,
especially during in the upcoming festive season, the
company said in a statement.
•128-carat yellow diamond going to tender
•For the holidays, Tiffany keeps it real
•Bonham's to auction world’s largest meteorite carving
•RapNet: 1-ct. diamond prices down 1 percent
•John Hardy celebrates 40 with exclusive collection
Longtime watch executive Mort Gershman dies
Botswana Q3 Rough Exports -41%
Exports of rough diamonds from mines in Botswana fell 41
percent to $531.9 million in the third quarter to September,
RECENT PRESS RELEASE
• On13.08.2015 New ISO Standard for Creating Clarity
Over Natural and Synthetic Diamonds
• On 4.8.2015 GJEPC opens its 32nd EDITION OF INDIA
INTERNATIONAL JEWELRY SHOW (IIJS) 2015
• On 26.7.2015 GJEPC’s India International Jewelry Week
2015 powered by GIA
• On 7.7.2015 Indian Diamond Traders Meet to deliberate
on the strategy and Way Forward for the trade
On 23.10.2015 I HAVE known Bashar al-Assad, the
president of Syria, since he was a college student in London,
and have spent many hours negotiating with him since he has
been in office. This has often been at the request of the
United States government during those many times when our
ambassadors have been withdrawn from Damascus because
of diplomatic disputes.
April 26-May 3, 2015
Elders Kofi Annan, Martti Ahtisaari, Ernesto Zedillo, Gro
Brundtland, Lakhdar Brahimi, and I joined Elders CEO
Lesley-Anne Knight and the staff for a visit to Russia, and
then Gro Brundtland and I went on to East Jerusalem and the
West Bank. Our goals were to learn about Russians and the
issues in which they are involved, and to explore latest
developments among the Israelis and Palestinians.