3-D Printing Industry (Global)

Overview Drivers and Challenges Application

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Merger and Acquisitions

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Market Size* (2021-2025)

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* Can use estimates

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Textile Industry (US)
Overview Drivers and Challenges Trade and Employment
Arial (body) – 8.5 Arial (body) – 8.5 Arial (body) – 8.5

Market Size* (2021-2025)

Arial (body) – 8.5 Merger and Acquisitions
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* Can use estimates

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Gems and Jewellery Industry (India)
Overview
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Gems and Jewellery industry occupies an important
position in the Indian economy. It forms around 80 per
cent of the Indian jewellery market. According, to IBEF
in Jan’21, India’s gold and diamond trade contributed
~7.5% to India’s GDP and 14% to India’s total
merchandise exports. Sector is likely to employ ~8.23
million persons by 2022, from ~5 million in 2020.
Because of growth opportunities and value addition,
the Government declared this sector as a focus
area for export promotion. Government has started
an initiative to promote ‘Brand India’ in the
international market. The Government has
permitted 100% FDI in the sector under the
automatic route, wherein the foreign investor or the
Indian company do not require any prior approval
from the Reserve Bank or Government of India.
Market Size* (2021-2025)
India’s gems and jewellery sector is one of the largest
in the world contributing 29% to the global
jewellery consumption. The sector is home to more
than 300,000 gems and jewellery players. Market size
of gems and jewellery will grow by US$ 103.06 billion
during 2021-2025. In FY21, exports of gems &
jewellery stood at US$ 25.30 billion and imports at US$
16.49 billion. In Sep 2020, the US was the largest
country (at 44%) to import gems and jewellery (US$
938.54 million) from India, followed by Hong Kong
(~33%) and the UAE (~13%).
* Can use estimates
Drivers and Challenges
Drivers:
Population demographics:
• India’s middle-class population is expected to
increase to 1,250 million in 2048 from 270 million
in 2018.
• India’s rich population is expected to increase to
310 million in 2048 from 30 million in 2018
Rising gold demand:
• Rapidly increasing middleclass population has
lead to increase in the demand of gold
• India’s demand for gold reached 690.4 tonnes in
2019
Government initiatives:
• Gold Monetisation Scheme to reduce the country’s
reliance on gold imports to meet the domestic
demand
• Proposed jewellery park allocated: 25 acres land
in Navi Mumbai and 25,000 sq. ft land in West
Bengal
• Proposed policy to help increase the gold supply
from local refineries to 80% in the next few years
from current 40%
Investments/Developments
FDI inflows in diamond and gold ornaments in India
stood at US$ 1,190.47 million between Apr 2000 and
Dec 2020 according to Department for Promotion of
Industry and Internal Trade (DPIIT)
Below are some key development in this industry:
In Feb 2021, Reliance expanded its e-commerce arm,
JioMart, to jewellery with silver coins of 5gm and10 gm,
and gold coins of 1gm, 5gm and 10gm.
In Nov 2020, Platinum Guild International (PGI)
launched their new 'Men of Platinum’ collection for men
in leading retail stores across India.
Jewellery players in India are re-evaluating the brick-
and-mortar business model and planning to implement
omni-channel approach with focus on digital strategy to
boost sales.
Maximum development was driven by MSEs in gems &
jewellery and textiles. In Nov 2020, adoption of digital
distribution platforms among manufacturers of gems
and jewellery, manufacturing mostly non-precious,
stone-studded jewellery, imitation jewellery and luxury
fashion jewellery, more than quadrupled to 55% from
13% before the pandemic. The segment's micro
enterprises recorded the highest boost of 41%, from
Strategies
the previous 13%.
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