Gems and Jewelry Market in India 2013

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Gems and Jewelry Market in India 2013
One-Stop Shop for Business Information
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Summary
Gems and Jewelry Market in India 2013 mentions
that the players operating in the gems and
jewelry market will benefit from the high demand
being witnessed for their products. The sector is
one of the leading foreign exchange earners for
the country. A number of reasons has aided growth
in this sector the most important being the love
that Indians have for jewelry, especially gold.
However, Indians are increasingly willing to
spend on other forms of jewelry such as diamonds
and gemstones studded in gold or precious white
metals such as platinum. This trend will help in
the development of the overall jewelry market and
the country may not just remain one of the
largest processors of rough diamonds, but may
start consuming a lot of the finished, polished
diamonds as well.
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Although there are several industry bodies
working for the development of the market, the
high imports of gold into the country has
resulted in several attempts by the government to
restrict imports as well as reduce the
consumption of gold. This is largely in order to
correct the unfavorable current account deficit
that the country is facing. Also, the
beneficiation program in Africa acts as a threat
to diamond processors in India. However, despite
these challenges, the market is expected to
continue to develop. Moreover, mandatory
hallmarking of jewelry has ensured that the
market will continue to grow steadily over the
next few years.
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Table of Contents

1. Executive Summary
2. Introduction
3. Value Chain
4. Market Overview
5. EXIM
6. Drivers Challenges
7. Trends
8. Industry Bodies and Associations
9. Government Policies and Initiatives
10. Competitive Landscape
11. Strategic Recommendation
12. Appendix

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Related Reports

• Global Gems and Jewellery Market Forecast and
  Opportunities, 2018
• Indian Gems and Jewellery Industry
• Indian Gems and Jewellery Industry - For Indian
  Customers
• China Gems Jewellery (Gold, Platinum, Diamond,
  Palladium, Silver Gem-Set) Market Forecast to
  2015
• Gems Jewellery Sector in India Strategic
  Review (Budget 2012-13)

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