presentation on gems n jewellery
TRANSCRIPT
MANUFACTURING SECTORIAL of INDIAN ECONOMY
IN MANAGERIAL ECONOMICS
BYR.ABHISHEK PAREEK
Indian Gem and Jewellery Industry
3
OVERVIEW Large market for Gems & Jewellery with
domestic sales of over RS.251000 crores. 7% of contribution in indian economy by Gems
and Jewellery market. Exports of over 14% of world’s exports. India is the largest consumer of gold jewellery
in the world. India is the largest diamond cutting and
polishing centre in the world. Platinum jewellery could cross the Rs 2,500
crore
G em stones
Gemstones
Diamonds
Gem & Jewellery
Silver and Silver
Jewellery
Gold and Gold
JewelleryPearls
Gemstones studded
Jewellery
Coloured Stones
Precious Metals and Jewellery
Gold and diamond forms two major segments of Indian gems and jewellery market
Value chain of the Gems and Jewellery sector
GEMS AND JEWELLERY Gems and Jewellery is an important emerging sector
and Ranked among the fastest growing sector economy, it is also a leading sector for foreign exchange generation.
Major Segments The sector comprises of two major segmentsGold used around 80% of the Indian jewellery market,
balance comprising fabricated studded jewellery (Diamonds and Gemstones).
High levels of manufacturing and domestic consumption.
Diamonds World's largest cutting and polishing Industry Well supported by the banking sector and government
policies. Export for polished diamonds / finished diamond
jewellery.
Size of jewellery Retail Market in India
800
700
600
500
400
300
200
100
0
Gold jewellery Diamond Other fabricated
Jewellery Jewellery
Size in year 2013(in `000 crores )
63
3217.5
999.9 kdm 91.6 KDM(22ct) 22/20 ct 18 ct
Classification of gold
Reasons behind the increase and decrease of
gold rates…
DIAMONDS INDUSTRY
Largest diamond cutting and polishing centre in the world—with 60 per cent value share,
82% carat share 95 % share of the world market in terms of number of
pieces.Nearly 9 out of 10 diamonds sold worldwide are cut and
polished in India.Preparation of diamonds by 4c`s
clarity Color Cut carat
DIAMONDS INDUSTRY
India accounts for approximately 60% of global polished diamonds market in terms of value and more than 90% in terms of pieces.
With the rise in gold prices, consumers are turning to diamond studded jewellery which gives them a higher perception of luxury and value.
About 25% of the gold jewellery purchasers have switched to diamond ( diamond jewellery is typically casted in less-pure 18-carat gold compared to gold jewellery which is made from 22-carat gold).
Comparative costs of processing diamond in different countries(As per 2013)
Indian retail Gems& jewellery overview
Yesterday Today
Unbranded Branded
Silver & Gold jewellery Gold & Diamond jewellery
Investment Investment + Fashion
Traditional design Fashionable & innovative
design
Marriage & festival is peak
season
Wear ability and gifts
Jewellery sold on commodity
basis with labour charges
Jewellery being sold on a per
piece basis
Name of the company
nameof the md employees
manufacturing place
turnover in crores
Asian Star Co Ltd. Mr. VIPUL SHAH 2000mumbai &surat 1853Gitanjali Gems Pvt Ltd
Mr. MEHUL C. CHOKSI 1894mumbai 976
Hindustan Diamond Co. Pvt. Ltd. Ms. ALKA TYAGI 1786mumbai &surat 775sheetal manufacturing co pvt ltd vijay tawde 1754mumbai 1265
PP jewellery Mr. KAMAL GUPTA 1700delhi 689Rajesh Exports Pvt. Ltd mr.RS geonka 1684banglore 954
Rosy Blue Mr. Russell Mehta 1536mumbai 2000Su-Raj Diamonds Ltd
Mr. JATIN R.MEHATHA 1235surat 584
Top gems & jewellery companies in india
The Current Economic ConditionGems & Jewellery
India’s Current Advantage
Ability to deliver good quality at low costs
Cost of cutting diamonds in India is 7%, of that in Belgium and chain is 60% of China
The exports are expected to grow of 15%, amounting to 5800 crores by 2015 from current size of 2500 crores
010203040506070
25
58
Gems & Jewellery Exports ( 100 crores)
2009 2015
The government of india had reduced duty on gold &diamonds for huge transaction of money
Antrewp bank had gave a offer of 5-25% on diamonds to sell it fast
in the past 15months gold rate has been reduced hugely Again it is growing to RS.27700(per 10grms)Offered bonus to the employees on diwali festival in the form of
car, flat, diamond necklace by harikrishna exports pvt ltd
NEWS
REFERENCES http://portal.indiainfoline.com/ Daily newspapers www.indiabulls.com www.moneycontrol.comhttp://www.ibef.org/download/
GemsandJewellery_sectoral The economic times
Thank you