Why the year 2023 holds promise for India's jewellery sector?
Business Of Fashion|February 2023
In recent years, the sector has faced several challenges, including a decline in consumer demand and a decrease in exports. Despite these challenges, the year 2023 holds promise for India's jewellery sector for several reasons.
Pawan Gupta
Why the year 2023 holds promise for India's jewellery sector?

The jewellery sector in India has long been a vital part of the country's economy, with a rich cultural and historical significance. However, in recent years, the sector has faced several challenges, including a decline in consumer demand and a decrease in exports. Despite these challenges, the year 2023 holds promise for India's jewellery sector for several reasons.

First, the Indian government has announced plans to reduce import duties on gold, which is expected to boost consumer demand. Gold is a significant component of the jewellery sector, and a reduction in import duties will make gold jewellery more affordable for consumers, thereby increasing demand.

この記事は Business Of Fashion の February 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Business Of Fashion の February 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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