5 Fascinating Facts about Jewellery Sector in India

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wholesale fashion jewellery hong kong

Gems and Jewellery have always had a special place in Indian society ever since civilisation emerged in the country. The desire to adorn and decorate oneself can be considered as one of the prime reasons for the growth and development of the jewellery market in India. The processing, manufacturing, and selling of precious stones such as gold, diamond, and sapphire are all carried out at a large scale since a few decades. Indian craftsmanship and variety are also recognised worldwide, and there is a large market for wholesale diamonds in India. Indian Jewellery has progressed through time and history and is changing even today.

So, here is a compilation of some of the entrancing facts about Jewellery in India:


  • India being a "gem-bearing" country has enticed many traders, travellers, and invader alike for thousands of years.
  • Today, India has accounted for approximately 800 tonnes of gold consumption annually, 600 tonnes of which is used for jewellery making. A large portion of this goes to wholesale designer jewellery in India.
  • The country is also the primary polishing and cutting hub for diamonds in the world, and the world's largest diamond cluster is also present in the state of Gujarat.
  • India accounts for almost 50% of the supply of gems, gold, pearls, and diamonds in the international market. Out of 12 diamonds that are sold globally, 11 diamonds are processed in India.
  • The Indian gems bring more sparkle to the economy as India's exports in jewellery stood at whopping 20.73 billion USD towards the end of 2018; and thus, the sector occupies a prominent place in the economy of India.
Road Ahead
In the coming years, growth in the sector is expected to be contributed by the development of big brands and retailers. Overall, you can witness India becoming a global player in the near future. Development in the jewellery industry of India will definitely increase the demand and economy of jewellery significantly. 

Location: India

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