Besides India, gems and jewellery are part of many other cultures and customs around the world. They have been an important part for both aesthetic as well as investment purposes. The Gems and jewellery industry has gradually become important for the Indian economy due to its contribution to India’s total exports.
The gems and jewellery industry in India is a lucrative career option to consider for several reasons. It is one of the fastest growing sectors in India and accounts for around 7% of the country’s GDP and 15.7% of its total merchandise exports.
Being labour intensive, the industry currently employs over 4.64 million workers, which is projected to reach 8.2 million by 2022. Since the industry is one of the oldest in India, there has been a long history of training and sharing of knowledge. Those starting out in their career do not require a large amount of capital to do so, but there is great monetary value to be gained over time. The sector also offers the advantage of allowing you to make a career for yourself anywhere in the world.