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Market Gold Jewellery

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INTRODUCTION

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Market gold jewelry brand in India: The Gold Rush
In the late 1990s, the Indian jewelry market witnessed a change in consumer perception of jewelry. Instead of being considered only as an investment option, jewelry was being appreciated for its aesthetic appeal. In other words, the focus seemed to have changed content design. fashion jewelry, affordable and lightweight, soon gained familiarity. jewelry brand acceptance forcing traditional jewelers to go for the brand also won.

Given the opportunities the market offered jewelry brand; the number of gold retailers in the country increased sharply. mark players such as Tanishq, Oyzterbay, and carbon Gili opened outlets in different parts of the country. Traditional jewelers also …show more content…

The sector gems and jewelery contributes nearly 55% of global net exports of cut and polished diamonds in value, 90% in terms of pieces and 80% in terms of carats. Every December 11 diamonds sold worldwide are processed in India, regardless of where they are extracted. With appropriate policy and regulatory framework, India could establish itself as a brand in the international market Gems and Jewelry, increase employment and create a new breed of entrepreneurship.
Aside from being larger processing world of diamonds (cutting and polishing) country with a 80 percent stake in favorable trade policies on the world market of India form have made India the hub of gems and jewelery. The burgeoning retail industry in India is instrumental in innovative way of marketing and branding and traditional diamond jewelry, making inroads in this sector and contribute to the economy of the …show more content…

, Semi-rough gemstones are already exempt, a measure to further promote exports of studded jewelry and platinum jewelry. duty free import of consumables for metals other than gold and platinum to 2 percent of fob value of exports and the right of free import tax for rejected jewelery up to 2 percent of fob value of exports. There is an increase in duty free import of commercial samples jewelry US $ 2.50 import of gold and 18 carat and above in the replacement

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