Knowledge of Indian jewellery and future trends

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Knowledge of Indian jewellery and future trends

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India is regarded as a global powerhouse for low-cost and low-skilled labour. During the festive season, gold sales were at an all-time high, and jewellers in Greater Noida West continued to thrive. – PowerPoint PPT presentation

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Title: Knowledge of Indian jewellery and future trends


1
Future Trends and Insights of Indian Jewellery
Industry
The gems and jewellery industry has a major role
in contributing to the Indian economy. Indians
are always a fan of wearing expensive jewellery,
whether it may be North India or South India.
There is an equal craze for wearing gold during
spiritual events like wedding ceremonies and
others. This sector is known to contribute around
6-7 per cent of the GDP. Indian jewellery has
been predicted always as the main target for
exporters. As India is blessed with inexpensive
and skilled labour, the favourable Government
policies for polishing and gem-cutting makes it
the worlds largest industry.
2
In the post-pandemic period, the Government has
re-established its support for this industry to
flourish. The gold prices flew during the
lockdown period and there was recoded a major
rise in sales. The gold sale was at its peak
during the festive season and continued to thrive
at momentum among the Jewellers in Greater Noida
West. The industry is making a healthy recovery
after the pandemic at a steady rate.  Here are a
few important trends and insights of the
jewellery industry- Ø  Weddings After
Pandemic-In the post-pandemic period, everyone
has expected to have new fashion trends. The
anticipated developments and advancements are
going to uplift business. Earlier, due to
annoying restrictions on gatherings and events
have severely impaired the jewellery business.
There has been noticed market inclinations
towards the light-weighted jewellery and diamond
with sleek gold pieces.
3
Jewellery Sales Abroad-After the pandemic, the
Government has tightened the restrictions for the
export businesses. As the market normalizes, the
increased flow of foreign currency is going to
make the jewellery industry even more feasible in
the new world. Things will be a little unusual
for the jewellery business and this will become
new normal for the industry soon. Ø  Rise in
Demand for the Modest and Glossy Designs- The
jewellery market is slowly going to change after
the pandemic with more preference given for
simple and modest designs rather than heavy ones.
This trend will move the entire jewellery market
in a new direction. Jewellers in Noida
extension are working as per these trends with a
predefined price budget. There will still be less
demand for heavily priced jewellery.
4
Related Link - https//bit.ly/3DOIcPz Shop No.
G-18B, Ground Floor, Galaxy Blue Sapphire Plaza,
Sector-4, Greater Noida (West), Gautam Budh
Nagar, UP India 91-9599943603 91-8698030063
aaradhyajewellers02_at_gmail.com
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