Industry players share thoughts about business expectations and their Diwali plans

Indian jewellers share their dreams, expectations, and sales strategies for the approaching festival

In her Budget speech, the Finance Minister said that customs duty on cut and polished diamonds and gemstones would be reduced to 5% from the existing 7.5%

Industry players feel the move is ill-advised and ill-timed, as they are already grappling with challenges caused by the pandemic and HUID issues. If the proposal goes through, it will add a huge burden to the industry, finds out Suneeta Kaul

The on-going festive season is acting as a force multiplier for sales in the jewellery sector, and retailers are laughing all the way to the bank, finds out Suneeta Kaul

The G & J industry has been knocking at the doors of the Government of India  for long with regard to the hallmarking issues. However, in spite of a series of discussions and meetings, clarity on the matter is still awaited

Amidst several concerns, long meetings, continual discussions and more, the landmark regulation related to mandatory hallmarking becomes a reality in India – all set to change the course of the Indian G & J Industry completely. Opinions from across the industry highlight the upsides and downsides of thisregulation, says Sugandha R

Mandatory hallmarking has finally become a reality and many jewellery retailers are having mixed opinions – on the whole they welcome the move and are eager to fulfill all requirements of hallmarking

The importance of location

WHP Jewellers

The outlet received a footfall of more than 4000 customers on DAY1.

Siddharth Bindra, MD, BIBA jewellery and Aditya Pethe, Director, Izaara and WHP Jewellers list some trends that are making waves.

What is your business focus this year?

Industry experts share what their core strategy is going to be this year. By Vijetha Rangabashyam