Gems and Jewellery Sector in India
•Download as PPTX, PDF•
3 likes•4,886 views
This document provides an in-depth overview of the Indian gems and jewelry sector. Some key points: - India is one of the top 8 jewelry markets globally and the largest consumer of gold. Gold accounts for 80% of the Indian jewelry market. - India has also emerged as the largest cutting and polishing industry for diamonds worldwide. - The gems and jewelry sector employs 1.5 million people in India and accounts for 17% of India's total exports. Major export markets include Europe, the US, UAE, and Hong Kong. - The study aims to analyze the industry from both national and international perspectives and identify opportunities for future growth and gaps in services.
Report
Share
Report
Share
Recommended
GEM AND JEWELLERY INDUSTRY IN INDIA
The document provides an overview of the Indian gem and jewellery industry. It states that India has a large domestic market for gems and jewellery worth over $10 billion annually and accounts for about 20% of global gold jewellery consumption. India is also the world's largest diamond cutting and polishing center, responsible for 60% of global diamond polishing by value. The key segments of the industry are gold and diamond jewellery and cutting/polishing of diamonds. Major players and production centers are also outlined. Exports of cut and polished diamonds and gold jewellery are a major part of the industry.
Gems and jewellery
The document provides an overview of the gems and jewellery industry in India. It discusses that India is a leading global player in gems and jewellery, with strengths across the value chain from mining and processing to manufacturing and retailing. The domestic industry has been growing at 15-27% annually. Key opportunities for the industry include India's large unexplored reserves, competitive advantages in processing, and potential for growth in organised jewellery manufacturing and retailing as the market matures.
Gems & Jewellery Industry
Gems and Jewellery Industry in India, their performance as per 2015-16 report. (Presentation Assignemnt: IIM Raipur)
Gems & Jewellery Industry Analysis
This document analyzes Pakistan's gems and jewelry industry. It discusses the history and significance of the industry, including its establishment in the Indus civilization. It details the various industry organizations established over time. The document also examines factor conditions like gold and gem imports, labor, technology and government support institutions. It analyzes demand conditions including culture, trends, exports and international demand. Finally, it outlines recommendations to strengthen the industry through economic zones, financing, quality standards and related industry promotion.
indian gem and jwellery industry
it is ppt specially for class 10th. on "indian gem and jwellery sector of india" .
-no need to give credit, just change the name in presentation and use it for ur H.W .
2013 2014 guide to the jewellery market in india
The document summarizes the jewellery market in India in 2013-2014. It states that India is a major consumer of gold and diamond jewellery globally. While jewellery consumption grew after the financial crisis, it has since lost momentum due to weaker economic growth and higher inflation. Retail sales of gold jewellery are forecast to decrease 4% in 2013 from the prior year, while diamond jewellery sales are forecast to increase 11%. Overall precious jewellery sales are forecast to decrease 1.2% for the year. Short-term demand has been stifled by economic conditions and government policies aimed at reducing gold and diamond imports.
Indian gems and jewellery
“Indians have always been connoisseurs of precious stones and ornaments. Trade secrets of the jewellery business have been handed down over generations, ensuring continuity of traditional craft. Thus, India is today the world’s largest diamond cutting and polishing centre.India has been adding modern techniques to its traditional know how that are more in tune with global market trends. Several well-organised polishing units have been established to improve productivity and meet growing international demand. The presentation takes a journey into the sector keenly analyzing the sector while doing its SWOT analysis.
Gems Jewellery Sector
This presentation details the overall scenario for the Gems & Jewellery Sector in India as well as Gujarat. It highlights the business & investment opportunities present in the sector and also the government initiatives and interventions.
Recommended
GEM AND JEWELLERY INDUSTRY IN INDIA
The document provides an overview of the Indian gem and jewellery industry. It states that India has a large domestic market for gems and jewellery worth over $10 billion annually and accounts for about 20% of global gold jewellery consumption. India is also the world's largest diamond cutting and polishing center, responsible for 60% of global diamond polishing by value. The key segments of the industry are gold and diamond jewellery and cutting/polishing of diamonds. Major players and production centers are also outlined. Exports of cut and polished diamonds and gold jewellery are a major part of the industry.
Gems and jewellery
The document provides an overview of the gems and jewellery industry in India. It discusses that India is a leading global player in gems and jewellery, with strengths across the value chain from mining and processing to manufacturing and retailing. The domestic industry has been growing at 15-27% annually. Key opportunities for the industry include India's large unexplored reserves, competitive advantages in processing, and potential for growth in organised jewellery manufacturing and retailing as the market matures.
Gems & Jewellery Industry
Gems and Jewellery Industry in India, their performance as per 2015-16 report. (Presentation Assignemnt: IIM Raipur)
Gems & Jewellery Industry Analysis
This document analyzes Pakistan's gems and jewelry industry. It discusses the history and significance of the industry, including its establishment in the Indus civilization. It details the various industry organizations established over time. The document also examines factor conditions like gold and gem imports, labor, technology and government support institutions. It analyzes demand conditions including culture, trends, exports and international demand. Finally, it outlines recommendations to strengthen the industry through economic zones, financing, quality standards and related industry promotion.
indian gem and jwellery industry
it is ppt specially for class 10th. on "indian gem and jwellery sector of india" .
-no need to give credit, just change the name in presentation and use it for ur H.W .
2013 2014 guide to the jewellery market in india
The document summarizes the jewellery market in India in 2013-2014. It states that India is a major consumer of gold and diamond jewellery globally. While jewellery consumption grew after the financial crisis, it has since lost momentum due to weaker economic growth and higher inflation. Retail sales of gold jewellery are forecast to decrease 4% in 2013 from the prior year, while diamond jewellery sales are forecast to increase 11%. Overall precious jewellery sales are forecast to decrease 1.2% for the year. Short-term demand has been stifled by economic conditions and government policies aimed at reducing gold and diamond imports.
Indian gems and jewellery
“Indians have always been connoisseurs of precious stones and ornaments. Trade secrets of the jewellery business have been handed down over generations, ensuring continuity of traditional craft. Thus, India is today the world’s largest diamond cutting and polishing centre.India has been adding modern techniques to its traditional know how that are more in tune with global market trends. Several well-organised polishing units have been established to improve productivity and meet growing international demand. The presentation takes a journey into the sector keenly analyzing the sector while doing its SWOT analysis.
Gems Jewellery Sector
This presentation details the overall scenario for the Gems & Jewellery Sector in India as well as Gujarat. It highlights the business & investment opportunities present in the sector and also the government initiatives and interventions.
Gems and Jewellery Industry in India
The gems and jewellery industry in India is an important sector that is ranked among the fastest growing and is a leading foreign exchange earner. It has two major segments - gold, which comprises around 80% of the market, and diamonds, with India being the world's largest cutting and polishing center for diamonds. The industry has an annual growth rate of approximately 15% and exports over $15 billion worth of gems and jewellery annually. However, the industry faces threats from international competition and increasing gold and diamond prices.
Presentation on gems n jewellery
The document discusses the Indian gems and jewellery industry. It notes that gems and jewellery contribute 7% to the Indian economy and India is the world's largest diamond cutting and polishing center. The industry has two major segments - gold and diamonds. Gold accounts for around 80% of the Indian jewellery market while diamonds and other gemstones make up the remaining 20%. The industry has seen growth in branded and fashion jewellery compared to traditional unbranded jewellery. Key companies and India's competitive advantage in low production costs are also mentioned.
Jewellery Industry in Sri Lanka
This presentation shows a thorough analysis of global jewellery market and Sri Lankan jewellery industry. This will be highly beneficial for a small & medium enterprise to decide whether to go international or not, being in the Sri Lankan jewellery market.
Final ppt of marketing research on jwellery industry
The Indian jewellery industry is an important and fast-growing sector of the Indian economy. It has two major segments - gold and diamonds. India has the largest diamond cutting and polishing industry in the world. It is also a major importer and consumer of gold and diamonds. The industry faces opportunities for growth in both domestic and international markets but also challenges from international competition and price fluctuations in gold and diamonds.
Gems and Jewellery Sector Report October 2017
The document provides an overview of India's gems and jewellery sector. Some key points:
- India is one of the largest exporters of gems and jewellery, which contributes around 13-15% to India's total merchandise exports.
- India exports over 90% of the world's polished diamonds and is the largest diamond processing center.
- The overall net exports of gems and jewellery from India grew at a CAGR of 7.06% between FY2005-FY2017 to reach US$35.51 billion in FY2017.
Gem and Jewelery Industry
The document provides an overview of India's gem and jewellery industry. It states that India is the world's largest gold consumer and has over 18,000 tonnes of gold reserves worth $800 billion. India mines, cuts, and polishes over 55% of the world's diamonds by value and 80-90% by volume. The Gem and Jewellery Export Promotion Council has helped establish India as a prominent global player in the jewellery industry. Exports of cut and polished diamonds declined 17.3% from 2010-2011 to 2011-2012 while coloured gemstone exports rose 9.1% in the same period. Gold jewellery exports grew 33.27% from 2010-2011 to 2011
Gems & jwellery
The Gems and Jewellery Export Promotion Council (GJEPC) was established in 1966 to promote India's gem and jewelry exports. It has played a key role in developing the industry and establishing India as a prominent global player. GJEPC works to create a pool of trained artisans and designers to international standards to consolidate the Indian jewelry industry. It provides various export promotion services and advisory support to members and the government. GJEPC also operates several training institutions to develop skills and expertise in the industry.
gems and jewellery ppt
This document provides an overview of the gems and jewelry industrial project in India. It discusses the history of gold and gemstones and their significance. It then outlines the top 5 jewelry brands in India - Tanishq, PC Jeweller, Rajesh Jewellers, TBZ Jewellers, and Malabar Gold and Diamonds. For each brand, it provides a brief history and their growth in terms of stores and sales over the past decades. The brands have expanded significantly across India and internationally, establishing a strong presence in the gems and jewelry industry.
Im final (2)
This document provides a marketing plan for a South Korean gold and gemstone jewelry company expanding into India. It begins with an analysis of the gold jewelry markets in India and China. India is selected as the target market due to its large population, fast growing economy, cultural traditions involving gold, and more lenient policies for foreign companies compared to China. A PESTLE analysis of India highlights opportunities in the jewelry industry. A competitor analysis identifies major players and applies Porter's Five Forces. The plan then outlines product, place, price, and promotion strategies for entering the Indian market including variety, quality control, design, packaging, retail locations, competitive pricing, branding, and both online and offline advertising approaches.
Gems & Jewellery export from India
The Indian gems and jewellery sector plays a significant role in the Indian economy, contributing around 6-7% to GDP. India is the world's largest cutting and polishing centre for diamonds, exporting 95% of the world's diamonds. In FY2014, the sector contributed US$34.7 billion to India's foreign exchange earnings. The sector is expected to grow at a CAGR of 15.95% over 2014-2019. Key products exported are cut and polished diamonds, gold jewellery, color gemstones and pearls. The top export markets are the UAE, Hong Kong and the USA. The sector faces threats from international competition and fluctuations in gold and diamond prices.
Gold industry in UAE
Dubai has become a major global gold trading hub due to its free trade environment and low costs. It imports over 300 tons of gold annually for retail and wholesale from countries like India, Saudi Arabia, and Italy. Dubai's gold industry is centered around the Gold Souq, where over 90% of transactions are for plain gold jewelry. The future of gold in Dubai looks promising as international refiners establish operations there and firms use it as a marketing headquarters due to Dubai's strategic location and business-friendly regulations.
2014 India Jewellery Sales and 2015 Outlook
Retail sales of precious jewellery increased 2.8 percent to reach 2,535 billion rupees (US$41.57 billion) in 2014. Domestic changes in the way gold jewellery is traded helped make 2014 a record year for jewellery sales.
Retail sales of gold jewellery increased 1.4 percent to reach 1,995 billion rupees (US$32.71 billion) in 2014. Consumption of gold jewellery increased 7.9 percent to reach 660.8 tonnes in 2014 according to Equity Communications' preliminary assessment of retailer sales and this was offset by a 6.4 percent reduction in the rupee gold price.
Retail sales of diamond jewellery increased 8.2% to reach 517 billion rupees (US$8.49 billion) in 2014. In general, demand for diamond jewellery is stronger and more competitive at steady gold prices because consumers will be less concerned about potentially losing out on positive gold price movements. Consumer demand for diamonds is more discretionary.
Retail sales of platinum jewellery increased 16.8 percent in 2014 to reach 17.84 billion rupees. Volume take-up increased 23 percent to reach 172,000 ounces in 2014, boosted by successful marketing of men's platinum jewellery.
Key Sales Driver: The story of gold jewellery sales in 2014
80:20 gold rule introduced in third quarter of 2013 scrapped in fourth quarter of 2015 - results in lower domestic premiums on gold
Rupee gold price down 6.4 percent in 2014 - results in cheaper gold for consumers
Companies Act rewrite forces retailers to restructure gold buying schemes - results in a flood of redemptions before March 31, 2015
The gold rush of the second quarter of 2013 was always going to be a hard act to follow. Nevertheless, sales in 2014 were actually helped by the forced review of retailer gold buying schemes because of new Companies Act rules. This factor was the biggest contributor to record sales of jewellery in 2014.
Consequently, jewellery retailers are winding down standing instalment schemes with the view of reintroducing them in compliance with new laws. Such schemes let consumers spread out purchases of jewellery pieces they normally would not afford. Instalment schemes are estimated to make up to 25 percent of annual gold jewellery sales.
Forced early redemption of instalment schemes meant that gold jewellery sales in the third quarter of 2014 were similar to sales in the impressive second quarter of 2013. A weakening of the rupee gold price during August and September also supported redemption efforts.
2015 Outlook
Fundamentally, there is strong investment incentive in consumption of jewellery in India. Gold continues to be a dependable hedge against inflation and trusted store of value. Therefore, for as long as the pricing fundamentals and economic backdrop are gold positive, consumers will first consider gold above any other jewellery option.
Economic backdrop in 2015
lower interest rates
lower inflation
faster gdp growth
On one hand, India's economic outlook for 2015 is more positiv
Indian Gold Jeweler Market: Consumption, market dynamics, and Growth Strategies
In this presentation, we share a deep dive analysis of Indian Gold Jewelry market with insights on the market requirements, consumer purchasing trends, gender differences, expansion strategies that may be pursued by both branded and unbranded jewelry players.
Jewellery industry.222
This document provides an overview of the jewellery industry including:
- Jewellery consists of decorative items like rings, necklaces, and bracelets made from metals like gold and silver.
- India has a large domestic jewellery market and is the largest consumer of gold jewellery globally. The industry contributes significantly to India's GDP and trade.
- Key topics covered include history, major companies, market size, growth rate, opportunities and challenges. The industry provides many employment opportunities and is expected to double in size within five years.
Import export activities of gems & jewellery unit
The document discusses Amrapali Jewellers, an Indian exporter of gems and jewelry. It provides an overview of the Indian gems and jewelry industry and Amrapali's business, which includes 36 outlets, an annual turnover of 80 crore Rs, and exports of finished gold and silver jewelry to countries like the US, UK, and Japan. The summary also outlines Amrapali's import/export procedures and compliance with legal frameworks like obtaining an import/export code and registering with regulatory bodies.
GJEPC ---- THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
The document summarizes information about Group No 7 and the Gem and Jewellery Export Promotion Council (GJEPC) of India. It discusses the GJEPC's vision, mission, roles and objectives in promoting India's gems and jewelry exports globally. Key points include that the GJEPC was established in 1966 and works to establish India as a prominent global player in jewelry. It facilitates export of cut and polished diamonds, gold jewelry and colored gemstones, which are major foreign exchange earners for India.
Gems and jewellery industry
This document provides an overview of the Indian gems and jewellery industry. It discusses key market statistics like market size and FDI figures. It then covers historical developments in Indian jewellery, current industry structure, consumption patterns, major players like Tanishq and Gitanjali, and emerging trends away from traditional practices. The comparative study section analyzes several major players on metrics like revenue, business strategy, and inventory turnover.
Gitanjali gems porters model
This document analyzes Michael Porter's Five Forces model for the jewellery industry. It finds that rivalry among existing firms in the industry is high due to a large unorganized sector in India and competition from international rivals. The bargaining power of suppliers is medium as there are some alternative suppliers but India is a large consumer of gold jewellery. The bargaining power of buyers is low as buyers are divided between domestic and foreign with India being a major exporter. Barriers to entry the industry are high to medium due to large capital needs, government regulations, and skilled labor requirements. The threat of substitutes is low as jewellery remains a preferred investment compared to other assets.
GEMS AND JEWELRY INDUSTRY BRAND INDIA PROJECT
This document is a project report on the gems and jewelry industry in India. It discusses the objectives and importance of studying this industry, provides background on the size and growth of the Indian gems and jewelry market, outlines various government initiatives to promote the industry, and discusses the significant role the industry plays in the Indian economy by contributing around 7% to India's GDP and employing over 4.64 million workers.
Gitanjali
Gitanjali Gems reported a 65.25% increase in net profit for the quarter ended September 2011. The company acquired 100% stake in Crown Aim Limited to expand its international business. Gitanjali Gems is one of the largest integrated diamond and jewelry manufacturers and retailers in India with a growing presence globally through acquisitions. The company is expected to grow net sales and profit at a CAGR of 30% and 46% through 2013 respectively.
Strategic Management
Gitanjali Gems is one of the largest manufacturers and retailers of diamonds and jewelry in India. It was founded in 1966 and has since grown significantly. The document discusses Gitanjali Gems' history and operations, provides an overview of the global and Indian gems and jewelry industry, and analyzes external and internal factors that have affected the company. It also outlines government initiatives to support the industry.
A study of gems and jewellary export
This document summarizes information about the gems and jewelry export industry in India. It discusses that India is a leading exporter of gems and jewelry, contributing 16% of total exports. The two major segments are gold and diamonds. India is the largest diamond processing country and a major player in polished diamonds. The exports of gems and jewelry have grown significantly from $220 million in 1966-67 to over $29 billion currently. The UAE, Hong Kong, and USA are the top importers of Indian gems and jewelry exports. The industry faces threats from international competition but has strengths like large integrated players and a strong supply chain network.
More Related Content
What's hot
Gems and Jewellery Industry in India
The gems and jewellery industry in India is an important sector that is ranked among the fastest growing and is a leading foreign exchange earner. It has two major segments - gold, which comprises around 80% of the market, and diamonds, with India being the world's largest cutting and polishing center for diamonds. The industry has an annual growth rate of approximately 15% and exports over $15 billion worth of gems and jewellery annually. However, the industry faces threats from international competition and increasing gold and diamond prices.
Presentation on gems n jewellery
The document discusses the Indian gems and jewellery industry. It notes that gems and jewellery contribute 7% to the Indian economy and India is the world's largest diamond cutting and polishing center. The industry has two major segments - gold and diamonds. Gold accounts for around 80% of the Indian jewellery market while diamonds and other gemstones make up the remaining 20%. The industry has seen growth in branded and fashion jewellery compared to traditional unbranded jewellery. Key companies and India's competitive advantage in low production costs are also mentioned.
Jewellery Industry in Sri Lanka
This presentation shows a thorough analysis of global jewellery market and Sri Lankan jewellery industry. This will be highly beneficial for a small & medium enterprise to decide whether to go international or not, being in the Sri Lankan jewellery market.
Final ppt of marketing research on jwellery industry
The Indian jewellery industry is an important and fast-growing sector of the Indian economy. It has two major segments - gold and diamonds. India has the largest diamond cutting and polishing industry in the world. It is also a major importer and consumer of gold and diamonds. The industry faces opportunities for growth in both domestic and international markets but also challenges from international competition and price fluctuations in gold and diamonds.
Gems and Jewellery Sector Report October 2017
The document provides an overview of India's gems and jewellery sector. Some key points:
- India is one of the largest exporters of gems and jewellery, which contributes around 13-15% to India's total merchandise exports.
- India exports over 90% of the world's polished diamonds and is the largest diamond processing center.
- The overall net exports of gems and jewellery from India grew at a CAGR of 7.06% between FY2005-FY2017 to reach US$35.51 billion in FY2017.
Gem and Jewelery Industry
The document provides an overview of India's gem and jewellery industry. It states that India is the world's largest gold consumer and has over 18,000 tonnes of gold reserves worth $800 billion. India mines, cuts, and polishes over 55% of the world's diamonds by value and 80-90% by volume. The Gem and Jewellery Export Promotion Council has helped establish India as a prominent global player in the jewellery industry. Exports of cut and polished diamonds declined 17.3% from 2010-2011 to 2011-2012 while coloured gemstone exports rose 9.1% in the same period. Gold jewellery exports grew 33.27% from 2010-2011 to 2011
Gems & jwellery
The Gems and Jewellery Export Promotion Council (GJEPC) was established in 1966 to promote India's gem and jewelry exports. It has played a key role in developing the industry and establishing India as a prominent global player. GJEPC works to create a pool of trained artisans and designers to international standards to consolidate the Indian jewelry industry. It provides various export promotion services and advisory support to members and the government. GJEPC also operates several training institutions to develop skills and expertise in the industry.
gems and jewellery ppt
This document provides an overview of the gems and jewelry industrial project in India. It discusses the history of gold and gemstones and their significance. It then outlines the top 5 jewelry brands in India - Tanishq, PC Jeweller, Rajesh Jewellers, TBZ Jewellers, and Malabar Gold and Diamonds. For each brand, it provides a brief history and their growth in terms of stores and sales over the past decades. The brands have expanded significantly across India and internationally, establishing a strong presence in the gems and jewelry industry.
Im final (2)
This document provides a marketing plan for a South Korean gold and gemstone jewelry company expanding into India. It begins with an analysis of the gold jewelry markets in India and China. India is selected as the target market due to its large population, fast growing economy, cultural traditions involving gold, and more lenient policies for foreign companies compared to China. A PESTLE analysis of India highlights opportunities in the jewelry industry. A competitor analysis identifies major players and applies Porter's Five Forces. The plan then outlines product, place, price, and promotion strategies for entering the Indian market including variety, quality control, design, packaging, retail locations, competitive pricing, branding, and both online and offline advertising approaches.
Gems & Jewellery export from India
The Indian gems and jewellery sector plays a significant role in the Indian economy, contributing around 6-7% to GDP. India is the world's largest cutting and polishing centre for diamonds, exporting 95% of the world's diamonds. In FY2014, the sector contributed US$34.7 billion to India's foreign exchange earnings. The sector is expected to grow at a CAGR of 15.95% over 2014-2019. Key products exported are cut and polished diamonds, gold jewellery, color gemstones and pearls. The top export markets are the UAE, Hong Kong and the USA. The sector faces threats from international competition and fluctuations in gold and diamond prices.
Gold industry in UAE
Dubai has become a major global gold trading hub due to its free trade environment and low costs. It imports over 300 tons of gold annually for retail and wholesale from countries like India, Saudi Arabia, and Italy. Dubai's gold industry is centered around the Gold Souq, where over 90% of transactions are for plain gold jewelry. The future of gold in Dubai looks promising as international refiners establish operations there and firms use it as a marketing headquarters due to Dubai's strategic location and business-friendly regulations.
2014 India Jewellery Sales and 2015 Outlook
Retail sales of precious jewellery increased 2.8 percent to reach 2,535 billion rupees (US$41.57 billion) in 2014. Domestic changes in the way gold jewellery is traded helped make 2014 a record year for jewellery sales.
Retail sales of gold jewellery increased 1.4 percent to reach 1,995 billion rupees (US$32.71 billion) in 2014. Consumption of gold jewellery increased 7.9 percent to reach 660.8 tonnes in 2014 according to Equity Communications' preliminary assessment of retailer sales and this was offset by a 6.4 percent reduction in the rupee gold price.
Retail sales of diamond jewellery increased 8.2% to reach 517 billion rupees (US$8.49 billion) in 2014. In general, demand for diamond jewellery is stronger and more competitive at steady gold prices because consumers will be less concerned about potentially losing out on positive gold price movements. Consumer demand for diamonds is more discretionary.
Retail sales of platinum jewellery increased 16.8 percent in 2014 to reach 17.84 billion rupees. Volume take-up increased 23 percent to reach 172,000 ounces in 2014, boosted by successful marketing of men's platinum jewellery.
Key Sales Driver: The story of gold jewellery sales in 2014
80:20 gold rule introduced in third quarter of 2013 scrapped in fourth quarter of 2015 - results in lower domestic premiums on gold
Rupee gold price down 6.4 percent in 2014 - results in cheaper gold for consumers
Companies Act rewrite forces retailers to restructure gold buying schemes - results in a flood of redemptions before March 31, 2015
The gold rush of the second quarter of 2013 was always going to be a hard act to follow. Nevertheless, sales in 2014 were actually helped by the forced review of retailer gold buying schemes because of new Companies Act rules. This factor was the biggest contributor to record sales of jewellery in 2014.
Consequently, jewellery retailers are winding down standing instalment schemes with the view of reintroducing them in compliance with new laws. Such schemes let consumers spread out purchases of jewellery pieces they normally would not afford. Instalment schemes are estimated to make up to 25 percent of annual gold jewellery sales.
Forced early redemption of instalment schemes meant that gold jewellery sales in the third quarter of 2014 were similar to sales in the impressive second quarter of 2013. A weakening of the rupee gold price during August and September also supported redemption efforts.
2015 Outlook
Fundamentally, there is strong investment incentive in consumption of jewellery in India. Gold continues to be a dependable hedge against inflation and trusted store of value. Therefore, for as long as the pricing fundamentals and economic backdrop are gold positive, consumers will first consider gold above any other jewellery option.
Economic backdrop in 2015
lower interest rates
lower inflation
faster gdp growth
On one hand, India's economic outlook for 2015 is more positiv
Indian Gold Jeweler Market: Consumption, market dynamics, and Growth Strategies
In this presentation, we share a deep dive analysis of Indian Gold Jewelry market with insights on the market requirements, consumer purchasing trends, gender differences, expansion strategies that may be pursued by both branded and unbranded jewelry players.
Jewellery industry.222
This document provides an overview of the jewellery industry including:
- Jewellery consists of decorative items like rings, necklaces, and bracelets made from metals like gold and silver.
- India has a large domestic jewellery market and is the largest consumer of gold jewellery globally. The industry contributes significantly to India's GDP and trade.
- Key topics covered include history, major companies, market size, growth rate, opportunities and challenges. The industry provides many employment opportunities and is expected to double in size within five years.
Import export activities of gems & jewellery unit
The document discusses Amrapali Jewellers, an Indian exporter of gems and jewelry. It provides an overview of the Indian gems and jewelry industry and Amrapali's business, which includes 36 outlets, an annual turnover of 80 crore Rs, and exports of finished gold and silver jewelry to countries like the US, UK, and Japan. The summary also outlines Amrapali's import/export procedures and compliance with legal frameworks like obtaining an import/export code and registering with regulatory bodies.
GJEPC ---- THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
The document summarizes information about Group No 7 and the Gem and Jewellery Export Promotion Council (GJEPC) of India. It discusses the GJEPC's vision, mission, roles and objectives in promoting India's gems and jewelry exports globally. Key points include that the GJEPC was established in 1966 and works to establish India as a prominent global player in jewelry. It facilitates export of cut and polished diamonds, gold jewelry and colored gemstones, which are major foreign exchange earners for India.
Gems and jewellery industry
This document provides an overview of the Indian gems and jewellery industry. It discusses key market statistics like market size and FDI figures. It then covers historical developments in Indian jewellery, current industry structure, consumption patterns, major players like Tanishq and Gitanjali, and emerging trends away from traditional practices. The comparative study section analyzes several major players on metrics like revenue, business strategy, and inventory turnover.
Gitanjali gems porters model
This document analyzes Michael Porter's Five Forces model for the jewellery industry. It finds that rivalry among existing firms in the industry is high due to a large unorganized sector in India and competition from international rivals. The bargaining power of suppliers is medium as there are some alternative suppliers but India is a large consumer of gold jewellery. The bargaining power of buyers is low as buyers are divided between domestic and foreign with India being a major exporter. Barriers to entry the industry are high to medium due to large capital needs, government regulations, and skilled labor requirements. The threat of substitutes is low as jewellery remains a preferred investment compared to other assets.
GEMS AND JEWELRY INDUSTRY BRAND INDIA PROJECT
This document is a project report on the gems and jewelry industry in India. It discusses the objectives and importance of studying this industry, provides background on the size and growth of the Indian gems and jewelry market, outlines various government initiatives to promote the industry, and discusses the significant role the industry plays in the Indian economy by contributing around 7% to India's GDP and employing over 4.64 million workers.
Gitanjali
Gitanjali Gems reported a 65.25% increase in net profit for the quarter ended September 2011. The company acquired 100% stake in Crown Aim Limited to expand its international business. Gitanjali Gems is one of the largest integrated diamond and jewelry manufacturers and retailers in India with a growing presence globally through acquisitions. The company is expected to grow net sales and profit at a CAGR of 30% and 46% through 2013 respectively.
What's hot (20)
Final ppt of marketing research on jwellery industry
Final ppt of marketing research on jwellery industry
Indian Gold Jeweler Market: Consumption, market dynamics, and Growth Strategies
Indian Gold Jeweler Market: Consumption, market dynamics, and Growth Strategies
GJEPC ---- THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
GJEPC ---- THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
Similar to Gems and Jewellery Sector in India
Strategic Management
Gitanjali Gems is one of the largest manufacturers and retailers of diamonds and jewelry in India. It was founded in 1966 and has since grown significantly. The document discusses Gitanjali Gems' history and operations, provides an overview of the global and Indian gems and jewelry industry, and analyzes external and internal factors that have affected the company. It also outlines government initiatives to support the industry.
A study of gems and jewellary export
This document summarizes information about the gems and jewelry export industry in India. It discusses that India is a leading exporter of gems and jewelry, contributing 16% of total exports. The two major segments are gold and diamonds. India is the largest diamond processing country and a major player in polished diamonds. The exports of gems and jewelry have grown significantly from $220 million in 1966-67 to over $29 billion currently. The UAE, Hong Kong, and USA are the top importers of Indian gems and jewelry exports. The industry faces threats from international competition but has strengths like large integrated players and a strong supply chain network.
542170 634210229644275000
The document provides information on the global and Indian jewellery industry. It discusses how jewellery has historically been used as a symbol of wealth and status across many cultures. The global jewellery market is estimated at $85 billion and India's jewellery sector is dominated by the unorganized sector. The Indian gems and jewellery industry exports cut and polished diamonds and employs over 200,000 people. Looking ahead, the industry is expected to grow with rising wealth and changing fashion trends globally.
A Study on Problems Faced by the Gems and Jewels Exporters with Special Refer...
The study mainly focus on the GEM traders export activities and the complications faced by them. It also to examine the mind of the respondents and their preferences on ornaments. It implies the perception of the buyer, how do they see the GEM traders. It compiles the different problems faced by the Gem trader, while they go for export to different countries. It helps to identify the consumers from different countries and their preferences. Ms. R. Mahadevi | Mr. A. Vijayakumar | Dr. M. Kanagarathinam | Dr. M. Thillainayaki ""A Study on Problems Faced by the Gems and Jewels Exporters with Special Reference to Coimbatore City"" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-2 , February 2020, URL: https://www.ijtsrd.com/papers/ijtsrd29909.pdf
Paper Url : https://www.ijtsrd.com/management/business-ethics/29909/a-study-on-problems-faced-by-the-gems-and-jewels-exporters-with-special-reference-to-coimbatore-city/ms-r-mahadevi
Jewellry
The document summarizes India's jewelry export scenario and market. It discusses how the jewelry market in India has shifted from traditional to branded jewelry due to changes in consumer preferences. While branded jewelry accounts for a small share of the market, it is growing annually. The jewelry sector is significant to India's economy, employing many and accounting for a large portion of exports. India is a top global consumer and producer of gold and diamonds. The market remains highly fragmented but large players are gaining share through new designs and trust. Exports and imports both contribute substantially to the industry.
International Business Plan for Jwellery Export
Eleganzz Jewels is an India-based partnership firm that manufactures and exports two types of imitation jewellery - temple jewellery and bead jewellery. The firm was started in April 2017 by six management consultants with an initial investment of Rs. 18 lakhs. Eleganzz Jewels primarily targets the US market for exports currently due to established contacts and high demand. The firm uses an indirect distribution channel with one sales representative and one distributor in the US to facilitate exports.
Prospects of Gems and Jewellery Export in India
Abstract: The prime objective of the study is to shed light on various issues and scope of gems and jewellery export in India. Indian gems and jewellery industry has attained a remarkable position worldwide. Artifacts of India’s export of gem and jewellery are acknowledged all over the world for their exquisite craftsmanship. However in the present scenario industry is confronting various hindrances which obstruct the path to realize its true potential. It has become statutory to deal with the problems and constraints which are being faced taking in the account of the fact that during FY 2013-14 the sector has contributed $34746.90 million to Indian exchange earnings, which states the decline in export by 10.58 percent. Due to the dependence on imports, the complexities involved in obtaining import license by the government should be simplified and also the lengthy procedures and intricacy involved in trading need to be rationalized. In order to sustain its position in international market there is an immediate requirement to modernize the product designs and procedures involved. In addition to this the working condition of the workforce should refined to a great extent and their ill-wage structure must be revived. Some of the other major concerns being faced are lack of training facilities, existence of Casteism, lack of permanent work, financial issues, procedural hardship and financial issues. In the view of the declining growth rate the government has instigated various measures and also a significant amount of investment in gems and jewellery sector is accounted, as a result of which the gems and jewellery industry has recovered to a certain extent. There was an increment of 12.65% percent in export of cut and polished diamonds in FY 2014. As per an industry study the sector is anticipated to draw Rs 15,000 crore (US $ 2.42 billion) by the end of 2015 which would be a striking increase by December 2012 with Rs 8000 crore (US $ 1.29 billion).
Gems jewellery-sector
The document provides an overview of the gems and jewellery industry in India, with a focus on Gujarat. It notes that India accounts for 29% of global jewellery consumption and is the world's largest cutting and polishing center for diamonds. The gems and jewellery sector in Gujarat contributes over 85% to India's total production and 72% to the world's processed diamonds. Surat, in particular, processes 65% of India's diamonds. The industry is expected to grow at 15% annually due to rising incomes, changing demographics, and entry of new retailers. The government is taking initiatives to develop special zones and skill training to further promote the industry.
Jewellery industry my ppt
This document provides an overview of the global jewellery industry, including:
- A brief history of jewellery dating back 75,000 years and its emergence in ancient Egypt around 3000-5000 BC.
- India's position as a leading global producer and consumer of gold jewellery as well as one of the largest diamond processing centers.
- Key statistics on the size and growth rate of the Indian jewellery market, which contributes around 7% to India's GDP.
- An analysis of strengths, weaknesses, opportunities and threats facing the Indian jewellery industry.
- Employment opportunities and leading companies in the global jewellery sector.
04-04-22 UPEKSHA & BINAL.pptx
The Indian gems and jewelry industry has two major segments: gold, which comprises around 80% of the market, and diamonds/gemstones. It is one of the largest cutting and polishing industries for diamonds in the world. Major domestic players include Gitanjali Gems, Tanishq, Malabar Gold and Diamonds, and PC Jewelers. Internationally, India faces competition from Italy, China, and Thailand in gold jewelry and Belgium and China in diamonds. The industry is financially strong with a total market size of over $415 billion but also faces threats from low-cost competitors and lack of technology adoption.
Jewelry and gem industry and exports
This document discusses India's gems and jewellery industry. It notes that gold and diamonds form the two major segments. The industry contributes around 7% to India's GDP and employs over 4.64 million people. India is the world's largest centre for cut and polished diamonds, exporting 75% of the world's polished diamonds. It also outlines the value chain from mining to retail. The industry is growing due to rising disposable incomes in India and policy support from the government. However, it faces threats from international competition and producing nations.
Trends In Jewellery
The document discusses trends in the jewellery industry. It provides an overview of the global and Indian jewellery market, including that the global market is estimated at $85 billion and India's market was valued at $13 billion in 2007. The Indian jewellery industry is dominated by gold jewellery which accounts for 80% of the market. Recent trends in the industry include increased investment in jewellery due to stock market fluctuations, growth of organized retail jewellers, and 100% foreign direct investment being permitted in the gems and jewellery sector.
Indian Imitation Jewellery Market - Feb'14
The document discusses the Indian imitation jewelry market. It notes that the demand for imitation jewelry has surged over 85% in the last year as traditional gold and silver jewelry prices have increased dramatically. The imitation jewelry market is expected to continue growing at a fast pace of over 20% annually due to rising incomes, changing fashion trends, and more innovative designs. However, cheap imports from China and an unorganized domestic industry pose challenges to the future growth potential of the Indian imitation jewelry sector.
5 diamonds centers you may not know
This presentation took is about 5 diamond centers you may not know. everyone of this five countries play an important role in the diamond pipeline.
Jewellery buying influence xx
This document provides an overview of a marketing management project on consumers' preferences between branded and non-branded jewelry in India. It includes an introduction to the jewelry industry in India, objectives of the study, research methodology, and summaries of major branded jewelry retailers in India like Tanishq, Gili, and Nakshatra. The study aims to understand consumers' perceptions and purchase decisions regarding branded versus non-branded jewelry through a survey of 100 consumers. However, the summary is limited due to a small sample size and time constraints of one month to conduct the study.
India Gems & Jewelry Market - Dec'13
Low production costs and a skilled workforce have made India one of the most competitive jewelry markets globally. The gems and jewelry industry is a major part of the Indian economy, accounting for 14% of exports in 2011-12. India consumes over 20% of the world's gold and this share is expected to rise to 25% by 2017. The size of the Indian gems and jewelry market was estimated at $32 billion in 2013 and is projected to reach $43 billion by 2017 due to rising domestic demand. Mumbai and Gujarat are the main hubs for jewelry production and diamond processing, respectively.
API - Gold Jewellery and Gems Industry of Pakistan
This document provides an overview of Pakistan's jewelry industry. It discusses key topics like raw materials, popular designs, production processes, gemstones found in Pakistan, major markets, and challenges. The industry is cottage-based and family-run, with Karachi as the hub. Employment and GDP contribution is substantial. Gold, silver, and artificial jewelry are in demand. Precious stones include emeralds and topaz. The industry faces issues like a lack of resources, disorganization, and security concerns that limit its potential.
Pure Diamond Investments Presentation
The Pure Diamond Investment presentation detailing information about fancy coloured diamonds, historical diamond price performance, media articles, industry partners and why diamonds are an interesting investment option.
Gemstones expot import
The Gem & Jewellery Export Promotion Council (GJEPC) was established in 1966 by the Government of India to promote Indian gems and jewellery in international markets. GJEPC organizes trade shows abroad and provides market information to members. Recent government initiatives include reducing excise duty on branded jewellery to 0% and increasing limits for personal carriage of jewellery at trade shows. The industry faces challenges like high import dependence and limited financing options for jewelers. However, growth of large retailers and expected stabilization of gold prices are expected to drive future volume growth in the industry.
Ppt For Genral View New
The document discusses the launch of Lamha, an online diamond and jewelry retailer. It provides background on the company JB Brothers that owns Lamha, describing their experience in diamond manufacturing and global presence. Lamha aims to make diamond purchasing easy and convenient for customers by offering a wide selection of products online with detailed information, competitive pricing, and hassle-free purchasing and returns. The summary highlights Lamha's goals of providing customers options to customize jewelry and an easy way for men to gift diamonds to the women in their lives.
Similar to Gems and Jewellery Sector in India (20)
A Study on Problems Faced by the Gems and Jewels Exporters with Special Refer...
A Study on Problems Faced by the Gems and Jewels Exporters with Special Refer...
API - Gold Jewellery and Gems Industry of Pakistan
API - Gold Jewellery and Gems Industry of Pakistan
Recently uploaded
Building Your Employer Brand with Social Media
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
2022 Vintage Roman Numerals Men Rings
Discover timeless style with the 2022 Vintage Roman Numerals Men's Ring. Crafted from premium stainless steel, this 6mm wide ring embodies elegance and durability. Perfect as a gift, it seamlessly blends classic Roman numeral detailing with modern sophistication, making it an ideal accessory for any occasion.
https://rb.gy/usj1a2
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Know what your zodiac sign says about your taste in food! Explore how the 12 zodiac signs influence your culinary preferences with insights from MyPandit. Dive into astrology and flavors!
buy old yahoo accounts buy yahoo accounts
As a business owner, I understand the importance of having a strong online presence and leveraging various digital platforms to reach and engage with your target audience. One often overlooked yet highly valuable asset in this regard is the humble Yahoo account. While many may perceive Yahoo as a relic of the past, the truth is that these accounts still hold immense potential for businesses of all sizes.
Best practices for project execution and delivery
A select set of project management best practices to keep your project on-track, on-cost and aligned to scope. Many firms have don't have the necessary skills, diligence, methods and oversight of their projects; this leads to slippage, higher costs and longer timeframes. Often firms have a history of projects that simply failed to move the needle. These best practices will help your firm avoid these pitfalls but they require fortitude to apply.
Creative Web Design Company in Singapore
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
Income Tax exemption for Start up : Section 80 IAC
A presentation on the concept of Exemption of Profits of Start ups from Income Tax
Understanding User Needs and Satisfying Them
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Explore the fascinating world of the Gemini Zodiac Sign. Discover the unique personality traits, key dates, and horoscope insights of Gemini individuals. Learn how their sociable, communicative nature and boundless curiosity make them the dynamic explorers of the zodiac. Dive into the duality of the Gemini sign and understand their intellectual and adventurous spirit.
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian Matka Indian satta Matka Dpboss Matka Kalyan Chart Matka Boss otg matka Guessing Satta The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
In the recent edition, The 10 Most Influential Leaders Guiding Corporate Evolution, 2024, The Silicon Leaders magazine gladly features Dejan Štancer, President of the Global Chamber of Business Leaders (GCBL), along with other leaders.
Creative Web Design Company in Singapore
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
Best Forex Brokers Comparison in INDIA 2024
Navigating the world of forex trading can be challenging, especially for beginners. To help you make an informed decision, we have comprehensively compared the best forex brokers in India for 2024. This article, reviewed by Top Forex Brokers Review, will cover featured award winners, the best forex brokers, featured offers, the best copy trading platforms, the best forex brokers for beginners, the best MetaTrader brokers, and recently updated reviews. We will focus on FP Markets, Black Bull, EightCap, IC Markets, and Octa.
3 Simple Steps To Buy Verified Payoneer Account In 2024
Buy Verified Payoneer Account: Quick and Secure Way to Receive Payments
Buy Verified Payoneer Account With 100% secure documents, [ USA, UK, CA ]. Are you looking for a reliable and safe way to receive payments online? Then you need buy verified Payoneer account ! Payoneer is a global payment platform that allows businesses and individuals to send and receive money in over 200 countries.
If You Want To More Information just Contact Now:
Skype: SEOSMMEARTH
Telegram: @seosmmearth
Gmail: seosmmearth@gmail.com
Recently uploaded (20)
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Income Tax exemption for Start up : Section 80 IAC
Income Tax exemption for Start up : Section 80 IAC
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Gems and Jewellery Sector in India
- 1. 1 IN-DEPTH STUDY ON INDIAN GEMS AND JEWELLERY SECTOR Aishwarya Kelkar PGDM
- 2. Gems and Jewellery • India is one of the eight key world markets, the others being the USA, UK, Middle East, Turkey, Japan, Italy and China. • The largest consumer of gold in the world. • Gold dominates the Indian jewellery with a market share of 80 %. • India has emerged as the largest cutting and polishing industry for diamonds in the world. 2
- 3. Gems and Jewellery • Southern India is poised to be the biggest and the fastest growing jewellery market in the whole country. • Gold fell below $1,500 per ounce on Friday, a drop of more than 20% from its record 2011 highs, putting it in bear market territory for the first time since last May. 3
- 4. • Gems and jewellery exports may grow by 15% in FY14: GJEPC • Gems and jewellery constitute 17% of India's total exports and the sector employs 1.5 million people. • Major markets for the country's gems and jewellery : Europe, the US, the UAE and Hong Kong Source : Business Standard,12/04/2013 4
- 5. 5 Kashmiri Jewellery Thewa Jewellery Kundan Jewellery Temple Jewellery Meenakari Jewellery Navratna Jewellery
- 6. Objectives of the Study • To study the Industry with National and international aspects. • To study the future growth aspects of the Gems and Jewellery Sector. • To study the gap model of the services in the Gems and Jewellery Sector. 6
- 7. Segments of Gems & Jewellery Sector GEMSTONES PEARLS GEMS & JEWELLERY SECTOR JEWELLERY 7Source: D& B Research ,CII
- 8. Gems & Jewellery Sector 8 DIAMOND LUXURY JEWELLERY COLOURED GEMSTONES GOLD
- 9. 9 CLICK-AND-BRICK MODEL Gems & Jewellery Sector
- 10. 10
- 11. 11
- 12. 12
- 13. 13
- 14. 14
- 15. 15
- 16. Profile of the people employed in the Gems & Jewellery Sector 16 Freshers,Personnel certified from IDI,GII/persons with 3-4 yrs experience in the industry Personnel certified from IDI,GII/persons with 7-8 yrs experience in the industry Large size units: MBA's/Engineers Small size units: Persons with 10-15 years of experience in the industry Senior Management Shop Heads/Supervisors Operators Operators Shop Heads/Supervisors Operators
- 17. Key Success Factors • Movement from unbranded to branded jewellery and increase in fashion dictated buying • Hallmarking and Certification • Increased use of technology • Transformation from family owned businesses to professionally managed businesses 17
- 18. Key Risk Factors • Limited Standardisation • Possible Long-Term Threat from China • Threat from Polishing in Producing Nations 18
- 19. Service Gap in the Gems and Jewellery Sector • Procurement • Assortment and Planning • Cutting and Polishing • Grading • Trading(Domestic/Export) 19
- 20. 20