Shreya Agarwal’s Post

August Market Insights: While summer months are typically slow for the diamond industry, August surprised us with strong demand for jewelry, particularly in the U.S. The IIJS show in India saw great footfall, adding momentum to the global market. Notably, U.S. engagement sales saw a significant rise, with lab-grown diamonds making up 60% of the market—an exciting shift for the industry. While the Rapaport price saw a reduction, it had little effect on lab-grown diamond jewelry. We've also seen strong demand and price increases for smalls like melees and +11s, driven by jewelry orders. The month has been a testament to the growing strength of lab-grown diamonds. 💎 See you next month for more insights! Arnav Mehta | Achal Mehta #marketinsights #labgrowndiamonds #starblue

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#Rewind2024: Jewellery sector’s market value reached Rs 6.4 lakh crore: Ramesh Kalyanaraman In this REWIND 2024 article, Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers India Limited, shares his insights into the year’s defining trends and developments that shaped the jewellery industry and the Indian economy at large. Highlighting Kalyan Jewellers’ performance during the year, Ramesh Kalyanaraman also sheds light on the key achievements and milestones that marked the company’s journey in 2024. read more: https://lnkd.in/dETQiqEM

🚀 Rising "Trent" of Lab grown diamonds! The lab grown diamond market is rapidly gaining momentum, heralding a transformative shift in the jewellery industry. With Trent Ltd's recent launch of Pome, a new lab-grown diamond jewelry brand, the sustainable luxury market in India is seeing a fresh wave of innovation. Kotak Institutional Equities views this development positively, highlighting Pome's potential to lead the way in broad based adoption of lab grown diamonds across India. This trend represents more than just a disruption rather it is a reflection of evolving consumer preferences toward eco-friendly and ethically sourced luxury options. Lab grown diamonds, with their significant cost advantage and reduced environmental impact, offer an attractive alternative to mined diamonds. As a result, established players may need to adapt to stay competitive amidst growing interest in sustainable options. Overall, with a projected growth rate of 15-20% in India for lab grown diamond consumption, and as more brands enter the market, this sector is poised for expansive growth. The rise of lab grown diamonds opens up new possibilities for the industry, allowing consumers access to luxurious, high-quality jewellery that aligns with their values and aspirations. #diamonds #labgrowndiamonds

Below mention is the list of companies that are in the jewellery retailing space. Major Listed Players: ✅ Titan Company ✅ Kalyan Jewellers ✅ P N Gadgil Jewe. ✅ Senco Gold ✅ Sky Gold ✅ Thangamayil Jew. ✅ T B Z ✅ Manoj Vaibhav ✅ PNGS Gargi FJ ✅ RBZ Jewellers Lt ✅ Utssav The Indian jewellery sector is experiencing growth driven by rising incomes, a shift towards organized retail, government support, a growing middle class, cultural significance, global demand, and evolving consumer preferences. Highlighted some of the scripts that can be next big thing in jewellery space, but it is in no way a buys/sell recommendation. DYDD

India has established leadership position in cutting and polishing of diamonds. But when it comes to Jewelery Manufacturing, it’s lagging behind. - What it takes to becoming Global Jewelery Manufacturer? - What’s the uncut potential for India in export sector? - Roadmap to Current Account Surplus - In sight? A lot is changing and optimism is building up. Join the webinar to know more about it. Sabyasachi Ray #GJEPC

Can Kalyan Jewellers Replicate Titan’s Success Story? A Deep Dive into the Jewellery Industry's Dynamics #JewelleryIndustry #DiamondAndGold #TitanVsKalyan #JewelleryBusiness #TitanSuccessStory #KalyanJewellers #InvestmentAnalysis #HighCapitalInvestment #ProfitMargins #JewelleryMarketIndia

Mixing of lab-grown diamonds in jewellery raises consumer concerns The price difference between natural and lab-grown diamonds provides a huge incentive for unorganised players to mix them and make a quick buckThe trend of mixing lab-grown diamonds in jewellery made with natural diamonds is becoming rampant and is a major concern for consumers.... https://bit.ly/3OBQmCA #India #Business #Diamond suresh iyengar Via https://lnkd.in/ejPm3Nv

𝐇𝐨𝐰 𝐝𝐢𝐝 𝐓𝐚𝐧𝐢𝐬𝐡𝐪, 𝐭𝐡𝐚𝐭 𝐰𝐚𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐯𝐞𝐫𝐠𝐞 𝐨𝐟 𝐬𝐡𝐮𝐭𝐝𝐨𝐰𝐧 𝐭𝐮𝐫𝐧 𝐚𝐫𝐨𝐮𝐧𝐝 𝐢𝐭'𝐬 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐚𝐧𝐝 𝐛𝐞𝐜𝐚𝐦𝐞 𝐚 𝐭𝐫𝐮𝐬𝐭𝐞𝐝 𝐣𝐞𝐰𝐞𝐥𝐥𝐞𝐫𝐲 𝐛𝐫𝐚𝐧𝐝 𝐢𝐧 𝐈𝐧𝐝𝐢𝐚? When Titan launched TANISHQ JEWLLERYS in 1995, its jewellery division did not take off despite being a trusted TATA brand. Titan’s share price was declining 📉 , and the jewellery business unit was on the verge of shutdown. In 2002, Titan introduced the 𝐟𝐢𝐫𝐬𝐭 K𝐚𝐫𝐚𝐭𝐦𝐞𝐭𝐞𝐫 in India to check the purity of gold in a non-destructive and transparent fashion. This innovation 💡 increased footfall to their stores as customers brought in jewellery made by local jewellers and realised it was less pure than promised. This marked the first step in gaining trust with customers ✅ . As a next step, the then COO Jacob Kurien launched the '𝐈𝐦𝐩𝐮𝐫𝐞 𝐭𝐨 𝐏𝐮𝐫𝐞' scheme. Customers could bring in their gold jewellery and test it on the karatmeter. If the purity was lower than 22 carat and higher than 19 carat, it could be exchanged for Tanishq’s 22-carat jewellery of their choice by paying only the manufacturing charges. (𝑆𝑜𝑢𝑟𝑐𝑒 - 𝑇𝐼𝑇𝐴𝑁: 𝐼𝑛𝑠𝑖𝑑𝑒 𝐼𝑛𝑑𝑖𝑎'𝑠 𝑀𝑜𝑠𝑡 𝑆𝑢𝑐𝑐𝑒𝑠𝑠𝑓𝑢𝑙 𝐶𝑜𝑛𝑠𝑢𝑚𝑒𝑟 𝐵𝑟𝑎𝑛𝑑' 𝑏𝑦 𝑉𝑖𝑛𝑎𝑦 𝐾𝑎𝑚𝑎𝑡ℎ) From then on, Tanishq’s sales grew, and it became 𝐓𝐢𝐭𝐚𝐧’𝐬 𝐜𝐫𝐨𝐰𝐧 𝐣𝐞𝐰𝐞𝐥, contributing 89% of Titan’s revenue 💲 . Tanishq is one of the key players in the organised jewellery sector with a market share of about 7%. (𝑆𝑜𝑢𝑟𝑐𝑒 - 𝐴𝑛𝑛𝑢𝑎𝑙 𝑅𝑒𝑝𝑜𝑟𝑡 2022-23) Thus, their brand became an 𝐞𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐦𝐨𝐚𝐭 for Tanishq 👏 . If a company can charge more for the same product than its peers just by selling it under a brand, that brand very likely constitutes a formidable economic moat. (𝑆𝑜𝑢𝑟𝑐𝑒 - 𝐿𝑖𝑡𝑡𝑙𝑒 𝐵𝑜𝑜𝑘 𝑇ℎ𝑎𝑡 𝐵𝑢𝑖𝑙𝑑𝑠 𝑊𝑒𝑎𝑙𝑡ℎ 𝐵𝑦 𝑃𝑎𝑡 𝐷𝑜𝑟𝑠𝑒𝑦) #titan #tanishq #moats