National News
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.
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.
National News
Kantilal Jewellers, Launches Flagship Showroom At Vastrapur, Ahmedabad
Marking Its First Expansion Outside Surat, The Massive Three-Story Space Is The Brand’s Largest Retail Destination To Date.
Surat-based Kantilal Jewellers, a legacy brand established in 1948, has expanded beyond its home base with the launch of a 28,000 sq. ft. flagship showroom at Keshavbaug Capital, Vastrapur, Ahmedabad.
Marking its first expansion outside Surat, the massive three-story space is the brand’s largest retail destination to date.
Palatial Architectural Concept: The store design takes inspiration from Jodhpur Palace, featuring Jharokha-style screens, marble passageways, domed skylights, chandelier lounges, and a central atrium linking all three levels.
Experiential Studio Retail: Departing from traditional counters, the showroom offers private studio spaces, VIP viewing areas, and dedicated experience centers.
Ambient Luxury: The shopping experience is elevated by live sitar and guitar performances alongside personalized consultation lounges.
Product Offering: The flagship showcases the brand’s signature gold, diamond, and bridal collections tailored for the Ahmedabad market.
Led by Director Jinay Choksi, this flagship rollout is a strategic move to establish a distinct, experiential luxury footprint across major Gujarat markets while preserving the heritage of the Kantilal brand.
Divine Solitaires Named ‘Best Diamond Jewellery Brand’ At JewelZ South India 2026
GJIIF 2026 Sets New Benchmarks As India’s Biggest-Ever Jewellery Trade Show Opens In Chennai
WDC Transitions To An Expanded System Of Warranties
GJIIF 2026 Sets New Benchmarks As India’s Biggest-Ever Jewellery Trade Show Opens In Chennai
Divine Solitaires Named ‘Best Diamond Jewellery Brand’ At JewelZ South India 2026
Kalyan Jewellers Invests Rs 350 Crore In Its Wholly Owned Subsidiary Candere
-
ShowBuzz2 hours agoGJIIF 2026 Sets New Benchmarks As India’s Biggest-Ever Jewellery Trade Show Opens In Chennai
-
DiamondBuzz2 hours agoDivine Solitaires Named ‘Best Diamond Jewellery Brand’ At JewelZ South India 2026
-
National News2 days agoKalyan Jewellers Invests Rs 350 Crore In Its Wholly Owned Subsidiary Candere
-
National News1 day agoKantilal Jewellers, Launches Flagship Showroom At Vastrapur, Ahmedabad
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.