Organised jewellers to outperform the industry
As per a recent note on the Indian jewellery retail industry, ICRA has revised upwards its forecast of the YoY domestic jewellery consumption growth (in value terms) for FY2024 to 10-12% from 8-10% estimated1 earlier, primarily driven by the rise in gold prices. Jewellery consumption is estimated to have risen by more than 15% YoY […]
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