A promising Festive Outlook
Wedding season add more demand!
At the occasion to gaze up the festive jewellery demand for domestic market Mr Saurabh Gadgil, CMD-PNG Jewellers; National Vice President, IBJA said, “Consumer sentiments are positive and we are expecting good sales this festive season especially on Dhanteras and Diwali. There is a huge demand for gold and diamond Jewellery.”
The market looks promising with newer schemes and offers to attract more customers, hence leading to impressive sales. There is an expectation in the market that gold will appreciate and diamond will also see better growth in near future, so people have already started buying jewellery as a matter of investment.
Also, “Wedding season is expected to create more opportunities for the gems and jewellery industry in the coming days” Saurabh added.
In the one of the leading & vibrant jewellery player Mr Shreyansh Kapoor, Vice President, Kashi Jewellers said,
“Overall the demand for jewellery picks up during Navratri for festive season. At Kashi Jewellers, we ensure that festive jewellery is light-weighted and functional and at the same time looks elegant and add grace to one’s festive attire.”
It is encouraging that people have come to a conclusion about buying gold and diamond jewellery as a safe and strong investment option and also they find value in it. You don’t have a sense of fear of losing value of investment in gold. We do see a growth happening in sales as Diwali is around the corner and we are quite positive and hopeful.”
