India’s Jewellery Market Expects 20% Growth as the Festive Season Starts|Diamond Jewellery|Dhanteras #ETNOW
India’s Jewellery Market Expects 20% Growth as the Festive Season Starts|Diamond Jewellery|Dhanteras
Suvankar Sen | India’s Jewellery Market Expects 20% Growth as the Festive Season Starts|Diamond Jewellery|Dhanteras
Despite the record-high price of gold, India’s jewellery sector prepares for a bright holiday season. Strong holiday demand and growing interest in diamond jewellery are predicted to fuel 18–20% annual growth, notwithstanding a decline in purchase volume. Customers are adjusting from Dhanteras to wedding season by purchasing lighter designs, trading in old gold, and making wise investments despite price instability.
Watch Suvankar Sen, MD & CEO, Senco Gold on ET Now.
#sencogold #goldprices #jewelryindustry #festiveseason #dhanteras #diamondjewelry #weddingseason
control your money with economic times now.
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Chapters:
0:00 Quarter One Growth: Positive Trends in Jewelry Industry
0:30 Consumer Behavior: Impact of Gold Prices on Buying Decisions
1:14 Shifts in Consumer Demand: Trends in Gold and Diamond Jewelry
3:02 Store Expansion Plans: Targeting New Geographies and Markets
5:01 Optimizing Inventory: Preparing for Wedding Season and Diwali
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