India Gems and Jewellery Sector Report 2023-2024

India is a major global player in the gems and jewellery industry. Approximately 90% of the world's rough diamonds mined worldwide pass through India, where they are polished and processed. After China, India is the world's second most voracious gold consumer. Gold holds great cultural significance in India. Gold jewellery is frequently given as wedding and religious festival gifts. Furthermore, farmers and workers in rural India typically use gold as a store of value because they still have limited access to formal financial institutions. In recent years, a growing population of young urban Indian consumers has fuelled demand for various types of jewellery, including pieces made of other precious metals such as silver and platinum.

This report provides a complete and detailed analysis of the "Industrial manufacturing" sector for India. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Industrial manufacturing" sector in India
• Crystallise the forces both driving and restraining this sector in India
• Ascertain India’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in India.
• Build a clear picture of trends, output and consumption for specific sub-sectors