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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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National News

From Haldi To Reception: Summer Wedding Jewellery & Gifting Ideas By Candere

From Breezy Wedding Celebrations To Meaningful Gifting Moments, Lightweight Jewellery Emerges As The Perfect Blend Of Comfort, Versatility and Contemporary Elegance For The Summer Wedding Season.

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Summer weddings are defined by effortless elegance, breathable silhouettes, and jewellery that feels just as light and versatile as the celebrations themselves. From intimate haldi brunches and breezy mehendi gatherings to glamorous reception soirées, modern wedding guests are increasingly gravitating towards lightweight jewellery that balances comfort with statement-worthy style.

Beyond occasion dressing, these versatile pieces are also emerging as thoughtful gifting choices for bridesmaids, sisters, and loved ones during the wedding season.

Candere Lifestyle Jewellery – A Kalyan Company brings together contemporary craftsmanship and versatile design, offering elegant pieces that transition seamlessly across every summer wedding occasion while also serving as timeless gifting options.

Dazzling Rays Diamond Dangle Earrings

Elegant movement and minimal glamour come together beautifully in the Dazzling Rays Diamond Dangle Earrings. Their lightweight construction makes them ideal for long summer celebrations while still delivering a refined festive statement.

These earrings pair beautifully with sleek gowns, draped sarees, and fusion wear for receptions, and make an elevated gifting pick for sisters or bridal party members.

Regal Bloom Diamond and Fancy Gemstone Ring

Bold yet wearable, the Regal Bloom Diamond and Fancy Gemstone Ring is designed for those who love statement jewellery without the heaviness of traditional occasion pieces. Its floral-inspired detailing adds freshness to summer wedding styling. The ring stands out by pairing it with minimal jewellery and monochrome outfits, or gift it as a memorable token for milestone wedding celebrations.

Kennedy Diamond and Fancy Gemstone Collar Necklace

The Kennedy Diamond and Fancy Gemstone Collar Necklace brings effortless sophistication to evening wedding dressing. The contemporary collar silhouette, combined with gemstone accents, makes it ideal for modern festive wardrobes. Style it with deep necklines or structured blouses for reception glamour, or choose it as a premium gifting piece for the bride-to-be or a close family member.

Vine With Pearl Diamond Oval Bracelet

Delicate yet statement-worthy, the Vine With Pearl Diamond Oval Bracelet blends contemporary charm with timeless elegance. The pearl detailing paired with subtle diamond accents makes it perfect for daytime wedding functions and pastel ethnic ensembles.

Pair it with organza sarees or floral lehengas for haldi and mehendi functions, or gift it as a versatile keepsake bridesmaids can rewear beyond the wedding season.

Mystic Dazzling Diamond and Gemstone Oval Bracelet

The Mystic Dazzling Diamond and Gemstone Oval Bracelet adds a vibrant touch to summer occasion dressing with its gemstone detailing and sleek silhouette. Lightweight and easy to stack, it seamlessly transitions from festive brunches to evening celebrations.

Style it with stacked bangles and Indo-Western looks for cocktail events, or choose it as a colourful gifting option for close friends and wedding guests.

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