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'Organised jewellery players set to capture 45% market share by FY30'
The Business Guardian
|October 01, 2025
Organized players in the Indian gold jewellery industry are expected to grow faster than the overall industry and capture a 45 per cent market share by FY3O, according to a report by Nomura.
The report highlighted that the Indian jewellery market has seen significant expansion over the last few years. It grew from USD48 billion in FY18 to USD9O billion in FY25, reflecting a compound annual growth rate (CAGR) of 9 per cent. Looking ahead, the market is projected to expand further to USD1S50 billion by FY33E. It stated “Over FY18
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