Indian jewelry market value 2016 by type

Published by A. Minhas, Mar 17, 2022
Fine non-luxury jewelry had the highest market value within jewelry in India in 2016 amounting to 3.2 trillion Indian rupees. On the other hand, while costume non-luxury jewelry had the lowest market value with about 200 billion rupees in the same year. Costume jewelry is made from non-precious materials, while fine jewelry contains precious materials such as gold, sterling silver, platinum or diamond.

Value of jewelry market across India in 2016, by type (in trillion Indian rupees)

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Sources

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Release date

March 2017

Region

Asia, India

Survey time period

2016

Supplementary notes

One Indian rupee is equal to 0.015 U.S. dollars and 0.014 euros (as of February 2020).

Luxury brands in fine and costume jewelry markets are made up of exclusive brands, hand-picked by the source.

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