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Gems and Jewellery

About Gems and Jewellery

The overall market size of Gems & Jewellery sector in India is expected to almost double from 2017 levels to reach USD 110 Bn by 2022. The sector is the 2nd largest Foreign Exchange Earner (FEE) in the Indian economy. The Indian Government has permitted 100% Foreign Direct Investment (FDI) in the sector under the automatic route.

Snapshot

  • 7 Opportunities
  • 0 USD Worth

Mode of Implementation

  • 0 PPP
  • 0 EPC
  • 0 Turnkey
  • 0 Others
Top performing states
Gems and Jewellery | Requirement

Subsectors

Gems and Jewellery

7 Opportunities

USD 0 worth

India caters to about 29% of the global consumption

Top Promoters

Latest Updates
  • Opportunities in 8 sectors added
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  • Opportunities in 8 states added
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  • Opportunities in 4 schemes added
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  • 105 new opportunities added
    Yesterday
  • Opportunities in 10 sectors updated
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  • Opportunities in 12 states updated
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  • Opportunities in 5 schemes updated
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  • 34 tenders updated in opportunities
    Yesterday
  • 96 opportunities updated
    Yesterday
Policies
  • Sovereign Gold Bond Scheme

    Enables the RBI to issue gold bonds denominated in grams.

  • Goods and Services Tax (GST) benefits to gems and jewellery

    Benefits given to the sector under GST act.

  • Gold Monetisation Scheme 2015

    It allows the depositors of gold to earn interest in their metal accounts and the jewellers to obtain loansin their metal account.

  • BIS Hallmarking Scheme

    The Bureau of Indian Standards (BIS) has revised the standard on gold hallmarking in India from January 2018. The gold jewellery hallmark will now carry a BIS mark, purity in carat and fitness as well as the unit?s identification and the jeweller?s identification mark. The move is aimed at ensuring a quality check on gold jewellery.