Indian Jewellery Market Published On: 2011-09-16 Research Type: Industry Passports Industry Type: Others Description Gems

and jewellery form an integral part of Indian tradition. A legacy passed from one generation to another. Due to this fact India has become the largest consumer and importer of gold in the world, and it hadimported 958 tonnes of the yellow metal in 2010. In the FY 2011 the gems and jewellery exports would witness a rise of around 5 per cent year-on-year. Although, the market is highly dominated by the unorganised players, with increase in consumer income and economic prosperity, the future of organised retail in India is very bright. The branded jewellery sector was estimated to be US$ 2.2 billion by 2010 on the back of quality consciousness among target consumers. However, India is the world's largest diamond cutting and polishing centre in the world. Surat is India's diamond processing hub, contributing over 80 per cent of the country's diamond processing industry with annual revenue of around US$ 13.03 billion. India accounts for 60 per cent value share, 82 per cent by carats and 95 per cent share of the world market by number of pieces.It is the third largest consumer of polished diamonds after the US and Japan. On the other hand, The Indian costume jewellery market is also witnessing growth in the international market. The current global costume jewellery and accessories market is estimated at US$ 16.3 billion, of which India only exports around US$ 53 million, thereby, providing a huge opportunity area for the Indian costume manufacturers. Due to the increasing gold prices, platinum jewellery has gained momentum in the past few years not only worldwide but also in India. As per the Platinum Guild International (India), the number of outlets selling platinum jewellery increased from 12 in 2000-01 to over 300 currently. Hence, the overall jewellery market is booming in India and is providing huge opportunities to local and branded players in the market. Scope:

An overview of Indain Jewellery Market Market Structure, Segmentation and Size of Jewellery Market in India Distribution System and Stucture of Jewellery Market Regulatory Advantage and Legal Framework of Indian Jewellery Market Key Benefits:

Market forecast of Indian Jewellery Market with Macroeconomic assumptions Financial Analysis of Jewellery Market in India Current Merger and Acquisitions in Indian Jewellery Market Industry SWOT and PEST analysis

PEST ANALYSIS is a poltical / economic/ socio/technology analysis of factors which could affect an organization. POLITICAL -government stability -government laws -government barriers -government laws on environment ECONOMICAL -gdp growth -pricing laws -trade laws -tariffs -financial stability -export laws -import barriersational SOCIAL -demographic -educational levels -lifestyles -per capita income -social norms TECHNOLOGY -incentives for research / development

-new technology -importation laws on technology -duty on imports of technology