Gems and Jewellery Market in India 2010
In India, jewellery is revered and valued as a treasure from ages, be it any festival or a marriage, the celebrations are incomplete without gold and silver ornaments. Being the biggest consumers of gold, the industry is set to thrive for a very long time. However, the market is highly dominated by the unorganized players, but with the prospering economy and surging income levels, the organized segment and retailing of branded jewellery is fast catching up in the currently fragmented market which is worth USD 16 bn and shows huge potential for growth in the future.
http://www.bharatbook.com/market-research-reports/consumer-goods-market-research-report/gems-and-jewellery-market-in-india-2010.html
The report begins with an introduction to the gems and jewellery (G&J) sector existent in India with a brief description of all the sub segments within both the categories The following section explains the value chain in the sector and India’s involvement from raw material procurement to sales. It provides information regarding the prime destinations for G&J in India and their involvement in the value chain. The overview section indicates the total market size and growth, the segmentation of the jewellery market, the export and the import structure of the total industry in India.
An analysis of the drivers explain the factors for growth of the industry including mass appeal and growing income among households, low cost and abundance of skilled labour, growing use of high-end technology, advantages of SEZs, changing consumer perceptions and preferences and growing training institutes. The key challenges identified encompass rising gold prices, competition from unorganized players, dependence on raw material import and emerging threat from other countries. Key trends identified include the growth in organized retail space, aggressive marketing and advertising, large scale shows and exhibitions, domestic players acquiring foreign companies, investments from PE firms and corporate houses entering the market. The major government bodies regulating this sector have been described and the policies adopted by the government have also been analyzed including industrial policy, FDI policy, Kimberley certification process and hallmarking. The key initiatives of the government identified include tax benefits, import duty relaxations, provisions for exports and other initiatives.
The competition section provides an overview of the competitive landscape in the industry illustrating the share of organized and unorganized players. It also includes a detailed profile of the major players in the market including their financials and expansion plans. The key developments in the sector have also been highlighted.Market Research
For more information kindly visit :
Gems and Jewellery Market in India 2010
Or
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Fax: + 91 22 27812290
Email: info@bharatbook.com
Website: www.bharatbook.com
Follow us on twitter: http://twitter.com/#!/Sandhya3B
https://twitter.com/#!/bharatbook
Bharatbook - About Author:
Bharat Book Bureau, the leading market research information aggregator provides market research reports, company profiles, country reports, newsletters, and online databases for the past twenty four years to corporate, consulting firms, academic institutions, government departments, agencies etc., globally, including India. Our market research reports help global companies to know different market before starting up business / expanding in different countries across the world.
Article Source:
http://www.articleside.com/business-articles/gems-and-jewellery-market-in-india-2010.htm
Related Business Articles
Published by Mary Porter on June 26th 2012 | Business
Published by Elvy James on January 21st 2012 | Business
Published by on July 18th 2012 | Business
Published by Tom Hag on January 5th 2012 | Business
Published by Samuel Arthur on January 18th 2012 | Business
Published by Sean Burke on May 4th 2012 | Business
Published by Maaya on February 27th 2012 | Business
Published by Ankita Gupta on December 19th 2011 | Business
Published by Mayank Gandhi on June 20th 2012 | Business
Published by Frank Joseph on July 6th 2012 | Business
Published by David Hudson on July 18th 2012 | Business
Published by Alcott Bailey on June 11th 2012 | Business
Published by Customisedair on March 7th 2012 | Business
Published by Bettina Azaria on July 18th 2012 | Business
Published by on June 21st 2012 | Business
Published by Cecile Tyler on March 1st 2012 | Business
Published by Ravinder on January 16th 2012 | Business
Published by William Jackson on July 30th 2012 | Business
Published by Jane Cyrus on April 14th 2012 | Business
Published by Liza on January 15th 2012 | Business