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Web Design & Website Development Services For Jewellery Industries | Web Design & Website Development Services For Jewellery Design Companies - Inventif Web

Jewellery Industry In India

As of February 2021, India's gold and diamond trade contribute 7.5 per cent to GDP and 14% to total merchandise exports. By 2022, the gem and ornaments industry is expected to employ 8.23 million people, up from 5 million in 2020.

The Government designated the gemstones and jewellery sector as a target area for export promotion based on its development and value addition potential. Recently, the government took a number of efforts to encourage investment and improve technology and skills in order to promote ‘Brand India' in the international market.

Growth in the gems and jewellery business in the next few years will mostly be driven by the rise of significant retailers/brands. Established brands steer the organised market and create growth potential. The increase in availability, along with the resumption of low-cost gold metal loans and the likelihood of gold prices stabilising at lower levels, is predicted to boost volume growth for jewellers in the short to medium term. The recent good changes in the business are projected to greatly boost demand for jewellery. India imported diamonds and jewellery worth US$ 1,716.64 million in May 202, up from US$ 316.48 million in May 2020.

Web Design And Development Is New Future For Jewellery Industry

With the world going online in today’s age, it is important that you establish your presence to display your jewellery to reach a far wider audience. Inventif Web will help you design and develop your website for your Jewellery business not only for marketing your content but also to provide a web platform for creating wish lists for your current clientele and SEOs to build new clientele.