Jewellery may be made from a wide range of materials. Gemstones and similar materials such as amber and coral, precious metals, beads, and shells have been widely used, and enamel has often been important. In most cultures jewellery can be understood as a status symbol, for its material properties, its patterns, or for meaningful symbols. Jewellery has been made to adorn nearly every body part, from hairpins to toe rings, and even genital jewellery.
Jewellery helps in enhancing one’s beauty. It also symbolizes wealth, power, and status. For some, jewellery is a form of art for self and creative expression. Then, there are some people who use jewellery as part of their tradition and culture. Though they may differ in terms of importance and relevance, they all play significant roles.
India is deemed to be the hub of the global jewellery market because of its low costs and availability of high-skilled labour. India is the world’s largest cutting and polishing centre for diamonds, with the cutting and polishing industry being well supported by government policies. Moreover, India exports 75 per cent of the world’s polished diamonds, as per statistics from the Gems and Jewellery Export promotion Council (GJEPC). India's Gems and Jewellery sector has been contributing in a big way to the country's foreign exchange earnings (FEEs). The Government of India has viewed the sector as a thrust area for export promotion. The Indian government presently allows 100 per cent Foreign Direct Investment (FDI) in the sector through the automatic route. The sector employs over 4.64 million employees and is expected to employ 8.23 million by 2022.
Few Indian major players are as under
A B Jewels Pvt. Ltd.
A V R Swarnamahal Jewelry Pvt. Ltd.
Akshaya Jewellers Pvt. Ltd.
Atlas Jewellery India Ltd.
Bhagyam Gem & Jewellery Pvt. Ltd.
Chintamani'S Jewellery Arcade Pvt. Ltd.
