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GJ sector sees 84.39% growth in FDI

India’s foreign direct investment (FDI) inflows have witnessed a remarkable 45.4% surge in the first half of FY24, reaching USD 29 billion.

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Even more dazzling is the performance of the gems and jewellery sector, which saw an 84.39% jump in FDI, signalling renewed investor confidence in this crucial industry.

India recorded a sharp 45.4% increase in overall Foreign Direct Investment (FDI) inflows during April-September 2024, reaching USD 29 billion (INR 2.49 lakh crore), compared to USD 20 billion (INR 1.68 lakh crore) in the same period a year earlier, according to data from the Department for Promotion of Industry and Internal Trade (DPIIT).

The gems and jewellery sector also witnessed an impressive surge in FDI inflows, rising by 84.39% to USD 45.7 million (INR 381.67 crore) during April-September 2024, compared to USD 24.8 million (INR 205.29 crore) in the corresponding period in 2023. This marks a significant recovery in investment inflows into the sector, which had seen a fluctuating trend in recent years.

According to DPIIT data, total FDI equity inflows into India have been on an upward trajectory, increasing from USD 40 billion in 2015-16 to USD 44.42 billion in 2023-24. The latest data indicates strong investor confidence in India’s economic policies and business environment, despite global uncertainties.

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Expressive Jewellery At Its Finest From Farah Khan Fine Jewellery

Bold Silhouettes, Sculptural Designs and Contemporary Elegance Define Farah Khan Fine Jewellery’s Vision Of Expressive Luxury For The Modern Jewellery Connoisseur.

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The world of fine jewellery is entering an era of expressive luxury — defined by bold silhouettes, sculptural forms and statement-making design. Moving beyond understated minimalism, today’s consumer is embracing jewellery as a reflection of individuality and personal style.

From layered necklaces and bold cuffs to contemporary heirlooms, modern jewellery trends are centred around versatility, glamour and self-expression.

At the forefront of this shift is Farah Khan Fine Jewellery, known for its distinctive design language and contemporary sophistication. Blending striking craftsmanship with modern glamour, the brand embodies the growing demand for jewellery that feels timeless, expressive and effortlessly luxurious.

As expressive luxury continues to shape the future of fine jewellery, Farah Khan Fine Jewellery remains synonymous with statement design, individuality and elevated elegance.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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