Gayatri Art Palace
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Origin of Gems & Jewellery

Gems and Jewellery in India

The gems and jewellery industry has an important role in the Indian economy. India is the largest market for gold jewellery in the world. Gold dominates the Indian jewellery market and formulates almost 80 per cent of the market share, which is followed by fabricated studded jewellery including diamond and gemstone studded jewellery.

Further, India has emerged as the largest cutting and polishing industry for diamonds in the world.In fact, the two major segments of the gems and jewellery business in India are gold and diamond jewellery, as per an Exim Bank report.

Moreover, Southern India is poised to be the biggest and the fastest growing jewellery market in the whole country. While Tamil Nadu and Kerala are known for plain gold jewellery, Andhra Pradesh and Karnataka have emerged as good markets for studded jewellery.

Colored Gemstones

The colored gemstones segment includes remaining forms of jewellery which includes precious gemstones like emeralds, sapphires, rubies and tanzanite; and semi-precious gemstones like silver, pearls, etc.

Traditional Indian gemologists identified around 84 precious and semi-precious stones, amongst them nine stones form the
'Navratnas or the nine gems'.