Finshots Daily cover image

Finshots Daily

What's driving the sparkle in India's listed jewellers?

Apr 13, 2025
India's listed jewelry companies are experiencing significant growth amid changing market dynamics. The transition from unorganized to organized players highlights the importance of consumer trust and competitive strategies. Rising gold prices and innovative financing options are reshaping the wedding jewelry sector, offering fresh insights into what drives this shimmering industry. Will this sparkle last, or is it just a temporary trend? Tune in for an analysis of the forces shaping India's jewelry market!
08:50

Podcast summary created with Snipd AI

Quick takeaways

  • India's jewelry market is shifting towards organized players due to increased consumer demand for trust, quality, and transparent practices.
  • Listed jewelers are expanding rapidly through asset-light models and franchise systems, allowing them to mitigate risks while enhancing customer experience.

Deep dives

Transformation of the Jewelry Market

India's jewelry market is experiencing a significant transformation, with a marked shift from unorganized to organized players. In 2000, the unorganized segment dominated 95% of the market, but by 2024, it is projected to drop to 65%, allowing organized retailers to capture over 35% of the 6 lakh crore market. This shift is primarily driven by consumer demand for trust, transparency, and quality, as shoppers increasingly prefer brands that offer hallmarking, purity certificates, and solid return policies. The surge in sales for listed jewelers can be attributed to changing consumer behaviors, with more individuals opting for larger purchases despite rising gold prices, indicating a shift in buyer confidence and market dynamics.

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner