Learn about the companies from the Precious stone working, watchmaking and jewellery Sector in India

The jewellery sector comprises of precious and semi-precious stones, gems and various other elements. There is an immense potential for growth in the Indian market. The gems and jewellery sector of India is one of the largest in the world. It contributes to about 30 per cent of the global consumption.
The Indian Gems and Jewellery industry has gained popularity worldwide because of its talented craftsmen and its superior practices in cutting and polishing fine diamonds and precious stones. The easily available and highly skilled and cost-effective labour uses superior practices in jewellery making, and cutting and polishing fine diamonds. Also, the overall exports of this industry are very high. Owing to all these factors, the jewellery making industry in India is flourishing at a quick pace.
The jewellery and gems sector has a market size of over $ 40. 45 billion in the recent years. There is the potential of $ 85.43 billion by 2018. The government has implemented investor friendly policies for more investment in this sector. The CAGR is expected to grow at 15.95 per cent till 2019. The sector received FDI of more than $ 716.95 million. Gems and jewellery can never go out of fashion and will only develop with a new approach and new designs. Various reforms and relaxation schemes of the government will definitely help the growth of the industry.
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Precious stoneworking, watchmaking and jewellery

India

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