A stellar outlook emerges for India’s domestic jewelry sector, pegged at $85-90 billion currently and expected to reach $130-150 billion by 2030. This boom stems from wedding-driven sales spikes, premium product affinity, organized retail growth, and surging buyer optimism.
Informa Markets in India’s ‘DJGF Signature 2026’ second edition opener at India Mandapam has supercharged North India’s trade kickoff.
All India Gem & Jewelry Domestic Council’s Avinash Gupta hailed participant energy as mirroring business strength and sectoral maturity. Premiums are normalized—3% gold, 5% silver—with brief holding periods and regular expos optimizing procurement.
Forward-thinking reforms loom: BIS HUID for traceability, compulsory silver marking, AI-PMLA surveillance. Compliance will unlock efficiencies.
The industry’s clout is undeniable—7-8% GDP slice, 12-14% export share, 5 million+ livelihoods. Processing 90% global diamonds and voracious gold intake, India is indispensable globally.
MD Yogesh Mudras of Informa sees structured ascent via festivities, matrimonial buys, formalization to $130 billion. Delhi Bullion and Jewellers Association President Ram Avtar Verma termed the expo transformative in scale and spirit. As dynamics align, monumental growth awaits.