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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

4 Elegant Jewellery Essentials From Golubhai Badalia Diamonds For The Minimalist Bride

From Delicate Layered Necklaces To Refined Diamond Rings, Golubhai Badalia Diamonds Presents A Thoughtfully Curated Edit Of Timeless Jewellery Essentials Designed For The Modern Bride Who Embraces Elegance Through Simplicity.

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Golubhai Badalia Diamonds curates refined jewellery essentials that celebrate understated luxury, clean silhouettes, and timeless elegance for the modern minimalist bride.

Golubhai Badalia Diamonds showcases a selection of pieces that lean into understated elegance, where less isn’t less; it’s intentional. Defined by clean silhouettes, refined sparkle, and thoughtful detailing, these designs highlight how precision and versatility can create impact without excess. Here are four standout picks that come together for a more refined, modern bridal look for a minimalist bride.

1. Stellar Cascade Diamond Necklace

Light, fluid, and effortlessly elegant, this layered diamond necklace sits softly along the neckline without overpowering it. The gentle cascade effect adds dimension while maintaining a sense of ease, perfect for brides who want just enough sparkle.

2. Royal Ruby Heritage Stud Earrings

A subtle nod to tradition, these ruby-centred studs introduce a hint of colour while staying within a minimal frame. Compact yet detailed, they strike the right balance between classic and contemporary.

3. Luminous Cluster Diamond Bracelet

Streamlined and easy to style, this bracelet focuses on structure and finish. The clustered diamonds give it presence, but the overall form remains light and unfussy — exactly what minimalist styling calls for.

4. Celestial Bloom Diamond Ring

This ring adds detail without tipping into excess. The floral arrangement is tight and symmetrical, making it feel refined rather than decorative. It stands out, but stays within the language of minimal design.

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