The infrastructure impetus can empower micro, small and medium enterprises within the gems and jewellery industry to construct world competitiveness and expand their enterprise in a modern and environment friendly surroundings, he said. As per trade estimates, gross sales of categories like ethnic wear and wedding wear, gold jewellery and digital household appliances have declined by 10-20% in FY24 till February as in comparison with the identical period in FY23. However, luxurious and premium merchandise bucked the pattern of gross sales decline mirroring the overall pattern in consumption, chief executives said.
- Yet over the previous 10 years, fantastic jewelry chain