As India rapidly emerges as one of the world’s most important jewellery consumption markets, the need for transparency and consumer confidence has never been more critical. Valued at approximately US$80–85 billion in FY24, the Indian jewellery sector is projected to grow to US$225–245 billion by FY35, underscoring the scale and momentum of domestic demand.
Browsing: Indian jewellery market
Lucira Jewelry, the design-based fine lab-grown diamond (LGD) jewelry brand founded by Rupesh Jain and Vandana Jain, has announced a strategic franchise partnership with Franchise India Brands Limited. Starting from its flagship store in Chembur, Mumbai and followed by a larger experience store in Pune, Lucira aims to open 20+ outlets in metros like Bangalore, Delhi NCR, Hyderabad, Chennai and Ahmedabad within 24 months, blending online omni- channel presence with elegant brick-and-mortar experiences.​
BlueStone Jewellery & Lifestyle made a modest market debut on August 19, 2025, opening at a discount to its issue price of ₹517 per share. The stock listed at ₹510 on the NSE and ₹508.80 on the BSE. However, despite the muted opening, BlueStone shares quickly gained traction in early trade. By 1:40 PM IST, the stock surged and hit an intraday high of ₹556.8 on the NSE, signaling positive investor sentiment after the initial dip.