Browsing: Indian jewellery market

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.

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.