Indian Gems & Jewellery Market

Indian Gems & Jewellery Market report provides a snapshot of the Gems and Jewellery industry in India.
By: bharatbook.com
 
 
Spread the Word
Listed Under

Tags:
* Indian
* Gems
* Jewellery
* Market
* Research
* Report

Industry:
* Business

Location:
* Navi Mumbai - Maharashtra - India

July 24, 2008 - PRLog -- The report "Indian Gems & Jewellery Market " provides a snapshot of the Gems and Jewellery industry in India. It covers an overview of the size and growth of the sector along with the market structure and various segments of the market including Gold, Silver and Diamonds. The industry value chain covers provides a brief overview of various linkages in the sector from mining to retail of jewellery.

The competitive landscape provides a brief overview of the prevailing competitive scenario and includes a profile of the major players in the industry. The report will also highlight any key regulatory and taxation issues that impact the sector.

The concluding section of the report will cover the major growth drivers and outlook for the sector including the entry of new players and development of retail infrastructure.

Executive Summary

The Gems and Jewellery (G&J) market essentially comprises of sourcing, processing, manufacturing and selling of precious metals and gemstones, such as, Gold, Platinum, Silver, Diamond, Ruby, and Sapphire etc. The G&J market is a significant contributor to the Indian economy, based on the size of the domestic market and through its contribution to the country’s exports. India is the largest consumer of gold (around 20 percent of global consumption) and also the largest diamond processor (around 90 percent by pieces and 55 percent by value of the global market).

India’s G&J industry is highly unorganized and fragmented with 96 percent of the total players being family owned businesses. The gold processing industry has around 15,000 players, with only 80 having revenues over USD 5 million. India is also home to around 450,000 goldsmiths, 100,000 gold jewelers along with 6,000 diamond processing players and 8,000 diamond jewelers.

The value chain of the industry starts from sourcing and mining of the metals and extends to jewellery retail. While India is not a major miner of previous metals and stones, the country’s inexpensive and well skilled workforce makes it a world leader in processing of diamonds. The country’s jewellery retail sector is also expected to evolve with a shift among consumers towards branded jewellery, driven by greater quality consciousness.

There are a few major players in the G&J segment, with Rajesh Exports being the most dominant name. Other key players in the field include Gitanjali Gems, Suhashish Diamonds, Su-Raj Diamonds, Vaibhav Diamonds and Tanishq. Many of these players are focused on developing strong brands, large retail operations, strengthening their core manufacturing operations and building a strong international presence.

India’s large population and rapid economic growth offer significant opportunities for growth of the industry. The emergence of jewellery retail chains provide customers with convenience and assurance of quality. The entry of foreign players is also likely to increase competition and provide consumers with greater choice. Apart from the above, there are other factors that contribute to a favorable outlook for the industry.

Table of Content

• Market Overview
1. Market Size, Exports & Growth
3. Market Structure
4. Market Segments

• Industry Value Chain

• Key Challenges

• Competitive Landscape
1. Competitive Analysis
2. Major Players

• Industry Regulations & Taxation

• Porter’s Five Forces Model

• Growth Drivers & Future Outlook

For ordering and more information kindly visit: http://www.bharatbook.com/Indian-Gems-Jewellery-Market.asp
End
Email:Contact Author
Phone:+912227578668
Zip:400614
Tags:Indian, Gems, Jewellery, Market, Research, Report
Industry:Business
Location:Navi Mumbai - Maharashtra - India
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Bharat Book Bureau News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share