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    Indian Gems & Jewellery Industry

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    chthakor
    The document provides an overview of the Indian gems and jewelry industry. It discusses that the industry is an important emerging sector in the Indian economy and is one of the fastest growing, contributing about 7% to India's GDP. The industry has two major segments - gold which comprises about 80% of the market and diamonds. It also outlines some of the major players in the domestic market like Gitanjali Gems, Tanishq, and Malabar Gold and Diamonds. The industry employs over 4.6 million people and is expected to employ 8.23 million by 2022.

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    Indian Gems & Jewellery Industry

    Uploaded by

    chthakor
    64 views16 pages
    The document provides an overview of the Indian gems and jewelry industry. It discusses that the industry is an important emerging sector in the Indian economy and is one of the fastest growing, contributing about 7% to India's GDP. The industry has two major segments - gold which comprises about 80% of the market and diamonds. It also outlines some of the major players in the domestic market like Gitanjali Gems, Tanishq, and Malabar Gold and Diamonds. The industry employs over 4.6 million people and is expected to employ 8.23 million by 2022.

    Original Title

    04-04-22 UPEKSHA & BINAL

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    The document provides an overview of the Indian gems and jewelry industry. It discusses that the industry is an important emerging sector in the Indian economy and is one of the fastest growing, contributing about 7% to India's GDP. The industry has two major segments - gold which comprises about 80% of the market and diamonds. It also outlines some of the major players in the domestic market like Gitanjali Gems, Tanishq, and Malabar Gold and Diamonds. The industry employs over 4.6 million people and is expected to employ 8.23 million by 2022.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    64 views16 pages

    Indian Gems & Jewellery Industry

    Uploaded by

    chthakor
    The document provides an overview of the Indian gems and jewelry industry. It discusses that the industry is an important emerging sector in the Indian economy and is one of the fastest growing, contributing about 7% to India's GDP. The industry has two major segments - gold which comprises about 80% of the market and diamonds. It also outlines some of the major players in the domestic market like Gitanjali Gems, Tanishq, and Malabar Gold and Diamonds. The industry employs over 4.6 million people and is expected to employ 8.23 million by 2022.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 16

    Indian Gems &

    Jewellery Industry
    GEM & JEWELLERY

    PRESENTED BY:-
    BINAL THAKKAR
    UPEXA PATEL
    M.COM
    SEM:- 2
    GEMS AND JEWELLERY

    * Gems and jewellery is an important emerging sector in the


    economy. Renked amonge the fastest growing sector. It is also a
    leading sector for foreign exchange generation.

    Major segments:-
    The sector comprises of two major segments
    Gold
    Comparises around 80% of the indian jewellery market,balance
    comprising fabricated studded jewellery (diamond and
    Gemstones )
    diamonds
    world’s largest cutting and polising industry for diamonds.
    Well supported by the banking sector and government policies.
    Export potential for polished diamonds/finished diamond
    jewellery
    History
    The first signs of jewellery
    came from the people in
    africa 75000 year ago at
    blombos cave in kenya. They
    use to were sea snail shalls
    and ostrich egg shalls. More
    then 40,000 years ago. In
    rassia, a stone bracelet and
    marble ring attributed. The
    first signs of established
    jewellery making in ancient
    egypt was around 3000-5000
    years ago.
    Quality standards

    • Hallmark has been acting as a safeguard to purchasers of gold


    and gold articles for centuries in various countries.
    • Hallmark consists of five components i.e.BIS Mark, the fineness
    number (corresponding to given caratage),assaying and
    hallmarking centre’s mark’ jeweller’s mark and year of marking
    denoted by a code latter and decided by BIS
    • The gems & jewellery promotion council is india’s certification
    authority.
    • Certification for quality diamonds and jewellery has given a
    fillip to exports and resulted in greater acceptance of indian
    products in the world market.
    • The indian gems and jewellery industry has made rapid strides
    in design, powered by a new generation of young ,
    professionally trained, technology driven designers.
    DOMESTIC INDUSTRY

    The industry occupies an important position in the indian


    economy. It is a leading foreign exchange earner. As well
    as one of the faster growing industries in the country.

    India’s gems &jewellery sector contribution about 7% to


    india GDP and 16% to india’s total merchandise export.

    The indian G&J industry is competitive in the world


    market due to its low cost of production and the
    availability of skilled labour.

    The sector employs over 4.64 million employees and is


    expected to have nearly 8.23 million employees by 2022.
    Major players in the domestic market

    o GITANJALI GEMS LTD.

    o TANISHQ jewellery

    o MALABAR gold and diamonds

    o PC JEWELERS

    o RAJESH JEWELLERS

    o TRIBHUVANDAS BHIMJI ZAVERI


    GITANJALI GEMS LTD.

    Business overview
    o The company is one of
    india’s largest integred
    diamond and jewellery
    companies established in
    1986. sight holder status
    with DTC through a
    promoter group company
    o Sophisticated and scalable
    diamond and lewellery
    manufacturing facilities
    o Appoximately 1246 ratail
    outlets in india and 143
    outlets in U.S.
    ABOUT TANISHQ

    o Tanishq is a prominent 1200 stores and 10% of


    jewellery brand of india its turnover was form
    o Tanishq’s headquarters
    is at banglore in
    karnataka .
    o Tanishq started in 1994
    and is form TITAN
    COMPANY LTD.(tata
    group)
    o By 2001,Tanishq was
    the largest overseas
    chain in the U.S.with
    ABOUT MALABAR
    o On 17 september 1993, M.P.
    Ahammed entered the gold
    jewellery business by opening
    malabar gold .
    o In the next decade,malabar
    gold saw a slow and steady
    expansion, and gradually
    became one of the most
    trusted gold jewellery brands
    in the world.
    o Malabar gold opened their
    first showeroom outside
    kerala on 12 April 2005 at
    bangalore.
    Major competitors in the Global
    market

    GOLD JEWELLERY :-
    o Italy, China , Thailand , Hong Kong , France
    mexico , Turkey , canada , israel , Switzerland , U.K

    DIAMOND :-
    o China , Belgium

    GEMS STONES :-
    o Shilanka , Thailand
    MAJOR JEWELLERY MANUFACTURING
    HUBS IN INDIA
    Strengths

    Large integrated diamond & jewellery players and


    having an international presence.
    strong marketing & dstribution network. Strong retail
    presence in india and U.S.
    Strong brand equity and broad product range like
    gitanjali, tanishq
    Net worth of the total size of the gems & jewellery
    sectory (both domestic and exports) is about RS
    4,15,000.so we can say that it is financially very storng
    sector.
    WEAKNESSES
    o There may be conflicts of interest between organized &
    unorganized players.
    o Technology is less improved compared to china and thailand’s
    company .
    OPPORTUNITIES
    o New markets in europe & latin America .
    o Expantion possibilities in lifestyle and luxury products in india
    like watches, leather goods, platinum jewellery because
    increasing disposable income of people .
    THREATS
    o INTERNATIONAL COMPETITION :- China , sri lanka and thailand ‘s
    entry in small diamond jewellery .
    o Other local compititor . According to the data 97% jewellery sales
    are by family jewellers
    Latest developments
     India overtakes china in gold demand
    Indian appetite for gold jumped by more then a third in the last
    quarter.

    o Titan to offer international shipping of jewellery product

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