Gem & Jewellery imports dip 17% to $1.40 billion in July
The import of rough diamonds declined by 16% to $4.3 billion for April-July 2024
The import of rough diamonds declined by 16% to $4.3 billion for April-July 2024
The gold and jewellery industry expects continuation of pro-growth and pro-gold policy reforms.
Overall, exports of total gold jewellery (both plain and studded) for the fiscal year 2023-24 saw a growth of 16.75%.
Kalyan Jewellers has managed to get its IPO oversubscribed, and is betting on a strategy that tailors each of its stores according to the location’s cultural values. But there are challenges ahead.