{"id":6312,"date":"2023-12-26T06:07:54","date_gmt":"2023-12-26T06:07:54","guid":{"rendered":"https:\/\/jewellerynewsindia.com\/?p=6312"},"modified":"2023-12-26T06:07:59","modified_gmt":"2023-12-26T06:07:59","slug":"organised-jewellers-to-outperform-the-industry","status":"publish","type":"post","link":"https:\/\/jewellerynewsindia.com\/index.php\/2023\/12\/26\/organised-jewellers-to-outperform-the-industry\/","title":{"rendered":"Organised jewellers to outperform the industry"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

As per a recent note on the Indian jewellery retail industry, ICRA<\/a> 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.<\/p>\n\n\n\n

Jewellery consumption is estimated to have risen by more than 15% YoY in H1 FY2024, aided by stable demand during Akshaya Tritiya and higher gold prices. However, ICRA<\/a> projects the growth rate to moderate to 6-8% in H2 FY2024 due to sustained tepid rural demand amid persistent inflation.<\/p>\n\n\n\n

After remaining volatile between December 2022 and April 2023, gold prices were relatively stable in H1 FY2024, although up ~14% compared with the average prices in H1 FY2023. The elevated price levels supported revenue expansion of most jewellery retailers in the face of muted volume growth.<\/p>\n\n\n\n

The recent tensions in the Middle East and the evolving global macro-economic environment could keep gold prices elevated in the near term. The spike in gold prices since early October 2023 and persistent inflationary headwinds remain key risks to demand.<\/p>\n\n\n\n

ICRA<\/a> projects some moderation in FY2024 in the operating margins of organised players owing to the front-loaded operating costs for planned store additions and increased advertising expenditure in the face of rising competition.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":1,"featured_media":6313,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\nOrganised jewellers to outperform the industry - JNI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jewellerynewsindia.com\/index.php\/2023\/12\/26\/organised-jewellers-to-outperform-the-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Organised jewellers to outperform the industry - JNI\" \/>\n<meta property=\"og:description\" content=\"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 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/jewellerynewsindia.com\/index.php\/2023\/12\/26\/organised-jewellers-to-outperform-the-industry\/\" \/>\n<meta property=\"og:site_name\" content=\"JNI\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/jewellerynewsindia\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-26T06:07:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-26T06:07:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2023\/12\/feat-2-21.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"550\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"JNI\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@JNI2016\" \/>\n<meta name=\"twitter:site\" content=\"@JNI2016\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"JNI\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/jewellerynewsindia.com\\\/index.php\\\/2023\\\/12\\\/26\\\/organised-jewellers-to-outperform-the-industry\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/jewellerynewsindia.com\\\/index.php\\\/2023\\\/12\\\/26\\\/organised-jewellers-to-outperform-the-industry\\\/\"},\"author\":{\"name\":\"JNI\",\"@id\":\"https:\\\/\\\/jewellerynewsindia.com\\\/#\\\/schema\\\/person\\\/609b5450ad33d2380f1efceabcc1e280\"},\"headline\":\"Organised jewellers to outperform the industry\",\"datePublished\":\"2023-12-26T06:07:54+00:00\",\"dateModified\":\"2023-12-26T06:07:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/jewellerynewsindia.com\\\/index.php\\\/2023\\\/12\\\/26\\\/organised-jewellers-to-outperform-the-industry\\\/\"},\"wordCount\":211,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/jewellerynewsindia.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/jewellerynewsindia.com\\\/index.php\\\/2023\\\/12\\\/26\\\/organised-jewellers-to-outperform-the-industry\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/jewellerynewsindia.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/feat-2-21.jpg\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/jewellerynewsindia.com\\\/index.php\\\/2023\\\/12\\\/26\\\/organised-jewellers-to-outperform-the-industry\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/jewellerynewsindia.com\\\/index.php\\\/2023\\\/12\\\/26\\\/organised-jewellers-to-outperform-the-industry\\\/\",\"url\":\"https:\\\/\\\/jewellerynewsindia.com\\\/index.php\\\/2023\\\/12\\\/26\\\/organised-jewellers-to-outperform-the-industry\\\/\",\"name\":\"Organised jewellers to outperform the industry - JNI\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/jewellerynewsindia.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/jewellerynewsindia.com\\\/index.php\\\/2023\\\/12\\\/26\\\/organised-jewellers-to-outperform-the-industry\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/jewellerynewsindia.com\\\/index.php\\\/2023\\\/12\\\/26\\\/organised-jewellers-to-outperform-the-industry\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/jewellerynewsindia.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/feat-2-21.jpg\",\"datePublished\":\"2023-12-26T06:07:54+00:00\",\"dateModified\":\"2023-12-26T06:07:59+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/jewellerynewsindia.com\\\/index.php\\\/2023\\\/12\\\/26\\\/organised-jewellers-to-outperform-the-industry\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/jewellerynewsindia.com\\\/index.php\\\/2023\\\/12\\\/26\\\/organised-jewellers-to-outperform-the-industry\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/jewellerynewsindia.com\\\/index.php\\\/2023\\\/12\\\/26\\\/organised-jewellers-to-outperform-the-industry\\\/#primaryimage\",\"url\":\"https:\\\/\\\/jewellerynewsindia.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/feat-2-21.jpg\",\"contentUrl\":\"https:\\\/\\\/jewellerynewsindia.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/feat-2-21.jpg\",\"width\":700,\"height\":550},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/jewellerynewsindia.com\\\/index.php\\\/2023\\\/12\\\/26\\\/organised-jewellers-to-outperform-the-industry\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/jewellerynewsindia.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Organised jewellers to outperform the industry\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/jewellerynewsindia.com\\\/#website\",\"url\":\"https:\\\/\\\/jewellerynewsindia.com\\\/\",\"name\":\"Jewellery News India\",\"description\":\"Jewellery News India For International Jewellery Buyers\",\"publisher\":{\"@id\":\"https:\\\/\\\/jewellerynewsindia.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/jewellerynewsindia.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/jewellerynewsindia.com\\\/#organization\",\"name\":\"Jewellery News India\",\"alternateName\":\"JNI\",\"url\":\"https:\\\/\\\/jewellerynewsindia.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/jewellerynewsindia.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/jewellerynewsindia.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/cropped-JNI-Logo.jpg\",\"contentUrl\":\"https:\\\/\\\/jewellerynewsindia.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/cropped-JNI-Logo.jpg\",\"width\":512,\"height\":512,\"caption\":\"Jewellery News India\"},\"image\":{\"@id\":\"https:\\\/\\\/jewellerynewsindia.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/jewellerynewsindia\",\"https:\\\/\\\/x.com\\\/JNI2016\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/jewellerynewsindia.com\\\/#\\\/schema\\\/person\\\/609b5450ad33d2380f1efceabcc1e280\",\"name\":\"JNI\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/dbfefb609db576e5ec55397231b5e1783f24053a418565755b13e20d38066132?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/dbfefb609db576e5ec55397231b5e1783f24053a418565755b13e20d38066132?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/dbfefb609db576e5ec55397231b5e1783f24053a418565755b13e20d38066132?s=96&d=mm&r=g\",\"caption\":\"JNI\"},\"sameAs\":[\"http:\\\/\\\/localhost\\\/jni\"],\"url\":\"https:\\\/\\\/jewellerynewsindia.com\\\/index.php\\\/author\\\/jni\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Organised jewellers to outperform the industry - JNI","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/jewellerynewsindia.com\/index.php\/2023\/12\/26\/organised-jewellers-to-outperform-the-industry\/","og_locale":"en_US","og_type":"article","og_title":"Organised jewellers to outperform the industry - JNI","og_description":"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 […]","og_url":"https:\/\/jewellerynewsindia.com\/index.php\/2023\/12\/26\/organised-jewellers-to-outperform-the-industry\/","og_site_name":"JNI","article_publisher":"https:\/\/www.facebook.com\/jewellerynewsindia","article_published_time":"2023-12-26T06:07:54+00:00","article_modified_time":"2023-12-26T06:07:59+00:00","og_image":[{"width":700,"height":550,"url":"https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2023\/12\/feat-2-21.jpg","type":"image\/jpeg"}],"author":"JNI","twitter_card":"summary_large_image","twitter_creator":"@JNI2016","twitter_site":"@JNI2016","twitter_misc":{"Written by":"JNI","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/jewellerynewsindia.com\/index.php\/2023\/12\/26\/organised-jewellers-to-outperform-the-industry\/#article","isPartOf":{"@id":"https:\/\/jewellerynewsindia.com\/index.php\/2023\/12\/26\/organised-jewellers-to-outperform-the-industry\/"},"author":{"name":"JNI","@id":"https:\/\/jewellerynewsindia.com\/#\/schema\/person\/609b5450ad33d2380f1efceabcc1e280"},"headline":"Organised jewellers to outperform the industry","datePublished":"2023-12-26T06:07:54+00:00","dateModified":"2023-12-26T06:07:59+00:00","mainEntityOfPage":{"@id":"https:\/\/jewellerynewsindia.com\/index.php\/2023\/12\/26\/organised-jewellers-to-outperform-the-industry\/"},"wordCount":211,"commentCount":0,"publisher":{"@id":"https:\/\/jewellerynewsindia.com\/#organization"},"image":{"@id":"https:\/\/jewellerynewsindia.com\/index.php\/2023\/12\/26\/organised-jewellers-to-outperform-the-industry\/#primaryimage"},"thumbnailUrl":"https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2023\/12\/feat-2-21.jpg","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/jewellerynewsindia.com\/index.php\/2023\/12\/26\/organised-jewellers-to-outperform-the-industry\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/jewellerynewsindia.com\/index.php\/2023\/12\/26\/organised-jewellers-to-outperform-the-industry\/","url":"https:\/\/jewellerynewsindia.com\/index.php\/2023\/12\/26\/organised-jewellers-to-outperform-the-industry\/","name":"Organised jewellers to outperform the industry - JNI","isPartOf":{"@id":"https:\/\/jewellerynewsindia.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/jewellerynewsindia.com\/index.php\/2023\/12\/26\/organised-jewellers-to-outperform-the-industry\/#primaryimage"},"image":{"@id":"https:\/\/jewellerynewsindia.com\/index.php\/2023\/12\/26\/organised-jewellers-to-outperform-the-industry\/#primaryimage"},"thumbnailUrl":"https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2023\/12\/feat-2-21.jpg","datePublished":"2023-12-26T06:07:54+00:00","dateModified":"2023-12-26T06:07:59+00:00","breadcrumb":{"@id":"https:\/\/jewellerynewsindia.com\/index.php\/2023\/12\/26\/organised-jewellers-to-outperform-the-industry\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/jewellerynewsindia.com\/index.php\/2023\/12\/26\/organised-jewellers-to-outperform-the-industry\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/jewellerynewsindia.com\/index.php\/2023\/12\/26\/organised-jewellers-to-outperform-the-industry\/#primaryimage","url":"https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2023\/12\/feat-2-21.jpg","contentUrl":"https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2023\/12\/feat-2-21.jpg","width":700,"height":550},{"@type":"BreadcrumbList","@id":"https:\/\/jewellerynewsindia.com\/index.php\/2023\/12\/26\/organised-jewellers-to-outperform-the-industry\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/jewellerynewsindia.com\/"},{"@type":"ListItem","position":2,"name":"Organised jewellers to outperform the industry"}]},{"@type":"WebSite","@id":"https:\/\/jewellerynewsindia.com\/#website","url":"https:\/\/jewellerynewsindia.com\/","name":"Jewellery News India","description":"Jewellery News India For International Jewellery Buyers","publisher":{"@id":"https:\/\/jewellerynewsindia.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/jewellerynewsindia.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/jewellerynewsindia.com\/#organization","name":"Jewellery News India","alternateName":"JNI","url":"https:\/\/jewellerynewsindia.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/jewellerynewsindia.com\/#\/schema\/logo\/image\/","url":"https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2023\/03\/cropped-JNI-Logo.jpg","contentUrl":"https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2023\/03\/cropped-JNI-Logo.jpg","width":512,"height":512,"caption":"Jewellery News India"},"image":{"@id":"https:\/\/jewellerynewsindia.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/jewellerynewsindia","https:\/\/x.com\/JNI2016"]},{"@type":"Person","@id":"https:\/\/jewellerynewsindia.com\/#\/schema\/person\/609b5450ad33d2380f1efceabcc1e280","name":"JNI","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/dbfefb609db576e5ec55397231b5e1783f24053a418565755b13e20d38066132?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/dbfefb609db576e5ec55397231b5e1783f24053a418565755b13e20d38066132?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/dbfefb609db576e5ec55397231b5e1783f24053a418565755b13e20d38066132?s=96&d=mm&r=g","caption":"JNI"},"sameAs":["http:\/\/localhost\/jni"],"url":"https:\/\/jewellerynewsindia.com\/index.php\/author\/jni\/"}]}},"rttpg_featured_image_url":{"full":["https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2023\/12\/feat-2-21.jpg",700,550,false],"landscape":["https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2023\/12\/feat-2-21.jpg",700,550,false],"portraits":["https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2023\/12\/feat-2-21.jpg",700,550,false],"thumbnail":["https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2023\/12\/feat-2-21-150x150.jpg",150,150,true],"medium":["https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2023\/12\/feat-2-21-300x236.jpg",300,236,true],"large":["https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2023\/12\/feat-2-21.jpg",700,550,false],"1536x1536":["https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2023\/12\/feat-2-21.jpg",700,550,false],"2048x2048":["https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2023\/12\/feat-2-21.jpg",700,550,false],"woocommerce_thumbnail":["https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2023\/12\/feat-2-21-300x300.jpg",300,300,true],"woocommerce_single":["https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2023\/12\/feat-2-21-600x471.jpg",600,471,true],"woocommerce_gallery_thumbnail":["https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2023\/12\/feat-2-21-100x100.jpg",100,100,true]},"rttpg_author":{"display_name":"JNI","author_link":"https:\/\/jewellerynewsindia.com\/index.php\/author\/jni\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/jewellerynewsindia.com\/index.php\/uncategorized\/\" rel=\"category tag\">Uncategorized<\/a>","rttpg_excerpt":"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…","_links":{"self":[{"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/posts\/6312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/comments?post=6312"}],"version-history":[{"count":1,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/posts\/6312\/revisions"}],"predecessor-version":[{"id":6315,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/posts\/6312\/revisions\/6315"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/media\/6313"}],"wp:attachment":[{"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/media?parent=6312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/categories?post=6312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/tags?post=6312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}