SAFA Gold & Diamonds Announces Rs 4,000 Cr Global Expansion Plan, Targets 350 Stores by 2030
SAFA Gold & Diamonds has outlined a Rs 4,000 crore expansion strategy to scale its retail footprint to 350 stores by 2030, strengthening its position across India and key international markets.
Gold Jewellery Demand Expected to Grow 14-18% in FY25: ICRA Report
The ICRA report projects a robust 14-18% year-on-year growth in India’s gold jewellery consumption for FY25, driven by factors like the customs duty cut, festive demand, and rural income boost. Organised retailers are expected to lead the growth with network expansions and rising consumer preference for branded jewellery
WGC: India Ranks Fourth in Global Gold Recycling with Refining Capacity of 1800 Tonnes as of 2021
The World Gold Council today launched a report titled ‘Gold Refining And Recycling’
Crisil: Revenue of gold jewellery retailers set to rise 12%-15% next fiscal
This will follow a strong revenue growth of 20-22% expected in FY22, albeit on a lower base of the pandemic-impacted previous fiscal
Ind-Ra Sees Jewellery Sales Declining 25 pc in FY21
According to the recent Ind-Ra report -- Jewellery demand was slow since the beginning of 2020. Gold jewellery demand had already slowed down in FY20 in terms of tonnage and revenue due to the economic slowdown
GST puts organised jewellery retailers on a strong platform
Credit profiles of organised players to witness gradual recovery over the medium term.
The Hyderabad Jewellery, Pearl and Gem Fair All Set to Sparkle in its 10th Edition
A three-day trade extravaganza of India's leading jewellers by UBM India in the City of Pearls.
Is gold all set to get its sheen back?
Gems and jewellery industry welcomes PM Narendra Modi's decision to ban Rs. 500 and Rs. 1000 currency notes.
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