Jewelry Supplier and supply amidst pandemic
India’s jewellery market contributed 7.5% to India’s GDP in the financial year 2020-2021 and contributed 14% to the total merchandise export of India. With the continuous efforts of jewelry suppliers and jewelry manufacturers , jewellery industry in India is likely to have 8.23 million workforces by 2022, seeing an increase of around 3 million from 2020. The jewellery industry in India has been witnessing growth and has been a valuable addition to the international market, based on the potential it had the government declared gems and jewellery industry in India as a focus area for export promotion and has taken lots of measures to upgrade technology and skillset to promote the industry like it permitted 100% FDI in the sector. Impact of COVID 19 on the gems and jewellery industry in India Pandemic has changed the way all the industries are working, gems and jewelry industry was no exception, it affected not only our lives but industries across the globe in unimaginable ways. ...