1、 Industry Report on India Jewellery Market Project Aurum|Client:Bluestone 11th December,2024 Section 1:Macroeconomic and Consumer Demographic Trends.3 Indias Macroeconomic Outlook.3 India is witnessing a promising digitization journey.4 Indias retail market currently stands at USD 916 billion,indica

2、ting a huge opportunity for brands to scale.5 Growth in Indias retail market will be led by discretionary categories.6 India e-commerce is growing rapidly,with digital-first brands leading the way.7 Section 2:Jewellery Industry in India.9 Global jewellery market is expanding due to the growing influ

3、ence and impact of digitization.9 Indias jewellery market is poised for growth due to a myriad of factors.10 Key threats and challenges related to the jewellery industry.12 Indias large USD 67 billion jewellery market is quite heterogeneous.13 The challenges in the traditional jewellery value chain

4、have led to the rise of organised retailing.25 The purchase journey of customers is evolving,leading to the adoption of online channels.30 The Omnichannel jewellery market is poised for rapid growth over the next five years,driven by various success factors.39 Financial and operational benchmarking

5、of organised retailers(for publicly listed players).44 Industry Report on Jewellery Market in India Section 1:Macroeconomic and Consumer Demographic Trends Indias Macroeconomic Outlook India is one of the fastest growing large economies in the world with consumption being a major growth driver.India

6、s nominal GDP has grown at more than 6.5%CAGR since CY 2015(despite the slowdown in CY 2019 and CY 2020 due to COVID-19).India is anticipated to be the fastest-growing major economy between CY 2023 and CY 2028(with nominal GDP projected to grow at 10.3%CAGR),outpacing the growth rates of the USA and