The gems and jewellery industry in India witnessed remarkable progress in 2024, navigating market challenges and emerging stronger. Leaders from the All India Gem and Jewellery Domestic Council (GJC), Saiyam Mehra (Chairman) and Rajesh Rokde (Vice Chairman), shared reflections on the year and an optimistic outlook for 2025.
Saiyam Mehra emphasized that the Indian Gems and Jewellery sector is poised to become a significant contributor to the nation's economy. He highlighted that by 2025, the industry could achieve a market value of $100 billion, with a CAGR of 5-6%.
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