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Market trends, opportunities/high growth areas, and market drivers which would assist the stakeholders to plot and align their market methods based on the current and future market dynamics. Registered a decline of -12.67% in worth shipments in 2022 as compared to 2021 and a decrease of -8.55% CAGR in 2022 over a period of 2017. In Jewellery Market India is changing into extra competitive because the HHI index in 2022 was 4573 while in 2017 it was 7150.

  • A vast number of revolutionary jewelry elements is available to jewellery manufacturers, enabling them to create more exceptional jewellery items.
  • Due to

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After witnessing how 2023 has unfolded so far, I’m sure you’ll agree that it’s an accurate assertion. Being a half of a family operating a 65-year-old jewellery brand, Mahek Jain, Creative Director, Jain Jewellers, used to carefully observe… India’s diamond business plans to scale back its financial institution financing requirements by a 3rd, concentrating on $4 billion for the current fiscal 12 months, down from $6 billion in FY23. Traders are focusing on clearing present stock rather than accumulating more, which might necessitate extra borrowing. Herald Van Der Lindeof HSBC believes that earnings growth will stay robust, making Indian equities …