Representative Image New Delhi: Organized jewellers are expected to see revenue growth in the high teens by FY26, driven by steady demand and strategic expansions. The organized sector is projected to grow year-on-year in revenue by 20% in FY25 and 17% in FY26, according to a credit rating firm India Ratings and Research (Ind-Ra). Further,…
For the first time in the history of the Indian jewellery market, silver sales surpassed gold during this Dhanteras season. High gold prices have dampened consumer demand, leading shoppers to turn to silver instead. “Silver sales have shot up 30-35% this year despite prices being 40% higher than last Dhanteras,” Surendra Mehta, national secretary at…
HYDERABAD/MUMBAI: For the first time in the history of the Indian jewellery market, silver glittered more than gold this Dhanteras. As gold prices continued their record-breaking run, it dampened consumer demand. Shoppers instead rushed to buy silver.“Silver sales have shot up 30-35% this year despite prices being 40% higher than last Dhanteras,” Surendra Mehta, national…
