Gold Jewellers See Sales Surge by 35-40% Following Duty Reduction
A recent reduction in gold import duties—from 15% to 6% in the latest budget—has led to a remarkable 35-40% increase in sales for gold retailers across India. This dramatic shift has provided a much-needed boost to an industry that had been struggling with high prices and stagnant sales
Government Implements Restrictive Measures on Gold Imports to Promote Indigenous Manufacturing and Protect Artisan Livelihoods
This strategic move aims to strengthen the Indian jewellery industry by curbing the disproportionate import of bullion compared to jewellery and fostering local manufacturing capabilities
Gold jewellery exports & gold articles exempted from mandatory hallmarking
The new BIS will strengthen the gold jewellery trade and provide boost to the gold jewellery exports from India
WGC releases report titled 'The drivers of Indian gold demand'
Using an econometric model, the report draws on three decades of annual data, dating from 1990 to 2020, to gauge some of the principal influences driving gold demand in India
How Manufacturers ATTRACT New Clients in the Absence of Physical Exhibitions
Getting new clients for any business has always been challenging. The last year has aggravated this challenge considerably owing to the fact that physical G & J shows had to be cancelled and converted into virtual ones. Jewellery manufacturers share the practices they adopt to get new clients with Sugandha R
Silver Imports May Dip To Lowest Level In Recent Times
Unlike gold, silver prices show greater fluctuation and so does its demand and supply
WGC: Gold Industry Needs to Spruce up Digitisation
The gold industry has the potential to appeal to a sizable new audience. Technology can play a key role in opening up new avenues for gold investment; easy online accessibility is a must in this era of increasing global digitisation
Coronavirus Adversely Affects Supply of Gold Bars
Retail investors scout for gold bars and coins as a safe investment option
Titan lowers growth expectations for FY20 on account of demand slowdown
For the June quarter, the Bengaluru-headquartered company recorded 20% year-on-year growth in revenue in the watches segment, driven by a large order from another group firm, TCS
Sense & Sensibility
Sensory Marketing
Indian Government Likely to Import Gold From Russia On Bond Basis To Help Jewellery Sector
Under the 'bonded basis' imports, the duty free consignment will not be allowed for domestic use and the entire gold will have to be exported after value addition.
Making a Mark
Mandatory Hallmarking for a Better Industry
Stay Connected-Digital Marketing
Digital marketing is imperative to any business today. The jewellery industry too, is gradually embracing digital marketing as a new way of promoting their brands. The rise of digital marketing is changing the way jewellery brands are engaging their target customers. Kavita Parab spoke to industry leaders to find out about how to use the power of digital marketing to enhance brand image and appeal to the current crop of target audience.
Break-Up Or Not?
Price Break-up
Decoding the Millennials !
The group of 18 to 34 year-olds or as they are named nowadays, the 'Millennials' are the most knowledgeable and conscious generation of our history.
