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Registered a decline of -12.67% in worth shipments in 2022 as compared to 2021 and a lower of -8.55% CAGR in 2022 over a period of 2017. In Jewellery Market India is becoming extra aggressive because the HHI index in 2022 was 4573 while in 2017 it was 7150. The vary lies from zero to 10000, the place a decrease index number represents a bigger variety of gamers or exporting international locations in the market while a large index number means less numbers of players or countries exporting out there. India has reportedly relied more on domestic production to meet …
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