Registered a decline of -12.67% in worth shipments in 2022 as in comparison with 2021 and a lower of -8.55% CAGR in 2022 over a interval of 2017. In Jewellery Market India is changing into extra competitive as the HHI index in 2022 was 4573 while in 2017 it was 7150. The range lies from zero to 10000, the place a lower index number represents a larger number of gamers or exporting countries out there whereas a big index number means much less numbers of players or international locations exporting out there. India has reportedly relied extra on home manufacturing…
