Posted on: November 22, 2022 Posted by: Ciero Jewels Comments: 0
Indian Jewellery

According to a recent survey, the export of gems and jewellery from India fell by about 15% in October compared to the same month previous year.

This is a result of both the global economic downturn and the trade tensions between the US and India.

The gem and jewelry sector is still one of the main drivers of the Indian economy, notwithstanding this loss.

The gem and jewellery business is one of the most significant in the world and a significant contributor to the Indian economy. The industry supports the economy of numerous nations and employs millions of people worldwide.

Although the drop in exports in October is worrying, it’s important to keep in mind that the sector is still strong and will remain a vital component of the global economy.

What are the export policies for Indian jewellery?

The export of jewellery from India is booming, and new approaches and designs are being used frequently. We’ll look at some of the tactics Indian jewellers do to stay one step ahead of the competition in this blog post. Indian jewellers first and foremost follow the most recent fashions. This indicates that they are constantly searching for fresh patterns and fashions that are in vogue on the global market. They distinguish themselves from other exporters by making sure they use the most up-to-date technologies when making their jewellery.

Focusing on quality is another tactic employed by Indian jewellers exporting their products. To compete with the greatest in the world, they make sure their jewellery is of the highest calibre. India has emerged as one of the world’s top suppliers of precious metals and gemstones as a result of this emphasis on quality.

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Finally, prices from Indian jewellers exporters are competitive. They make sure to sell their items at a price that is comparable with the rest of the market since they are aware that price plays a significant role when it comes to jewelry.

These are just a few of the techniques Indian jewellers are employing to outperform their rivals. With their emphasis on quality and innovation, they will undoubtedly remain a significant player in the global jewellery business.

Recently, actor Suniel Shetty introduced the “Metaman”

A new line of jewellery for men named “Metaman” has been introduced by actor Suniel Shetty. The company will sell rings, earrings, bracelets, pendants, and other types of jewellery for men. Given that jewelry is frequently thought of as an exclusively feminine adornment, this is an exciting development for men’s jewellery. However, there is a growing demand for men’s jewellery as more men show an interest in style and personal expression.

Suniel Shetty is the ideal brand ambassador for Metaman, which is a welcome addition to the men’s jewellery market. He is a well-known actor with a dominantly masculine appearance. He has mentioned wanting to make jewellery that his son can wear because he is also a father.

This is a promising development for men’s fashion since it demonstrates that guys are growing more interested in expressing their individuality through their accessories and attire. Watching Metaman’s growth and development over the next weeks, months, and years will be exciting.

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Women’s Influence on the Luxury Jewelry Market in India

Over $8 billion is thought to be the market size for luxury jewellery in India, and women are becoming more and more significant contributors to this expansion. This blog article will examine the impact of women on the luxury jewellery sector in India and how they are fueling its expansion. In India, women have traditionally been the main purchasers of jewellery. In fact, 80% of all jewellery purchases in India made by women, according to a research by the National Jeweler’s Association of India.

Given the significance of jewellery in Indian culture, this is hardly shocking. Jewelry is frequently given as a present to mark special occasions like weddings and births and is sometimes considered as a status symbol. As gold is traditionally regarded as a secure investment in India, it is also viewed as a means of accumulating wealth.

However, there has been a change in how women are purchasing jewellery in recent years. Women have always been the primary purchasers of jewelry, but they are now purchasing more expensive, luxurious items.

Many things are responsible for this. The economy of India is expanding quickly, and more women are joining the workforce. They now have more money on hand to spend, which they are using to purchase luxuries like jewellery.

Second, women are increasingly purchasing jewellery for themselves rather than as gifts or investments. This is consistent with the expanding global trend of women buying expensive goods for themselves.

Finally, social media’s rising popularity is expanding women’s exposure to high-end brands and jewellery. Women are becoming more aware of their alternatives as a result of seeing more expensive jewellery online and on celebrities.

As a result of all of this, women are responsible for the luxury jewellery market’s expansion in India. And since the economy expected to keep expanding, this pattern will only persist in the years to come.