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Gems and Jewellery have been a part of most of the cultures of theworld at some point of time or other. From its basic use as currency, it is nowused as an instrument to store and display wealth. In the recent past (last 3-4decades), this industry has shown an impressive growth worldwide. Thecurrent global market forthesector is estimated at around 85Billion USDandhas shown a CAGR of 5-10% in the last decade.
The gems and jewellery industry can broadly be categorised in four segmentsnamely polished diamonds, Gem Stones (such as topaz, ruby, emerald etc.),Gold and other precious metal jewellery and Synthetic stones (made of plastic,glass or other materials).
GEMS AND JEWELLERYINDUSTRYPOLISHEDDIAMONDSGEM STONESGOLD &JEWELLERYSYNTHETICSTONES