The gems and jewellery industry is one of the most evolving and thriving industries in India and It is one of the major contributors towards the economy of India. This year has not been a good one for the industry with many losing their jobs due to the challenging times and insecurity prevailing in the sector. As a result the industry has not been able to utilise the full potential of technology and e-commerce. We believe if the industry receives adequate support from the government in the upcoming budget with policies that are business friendly for the sector, sentiments will change for the belter. With online shopping increasing by the day the government should come out with suitable policies in the e-commerce sector which would benefit the consumers and in turn the jewellery industry. With effective schemes in place the year 2020 could prove to be a turning point for the Gems and Jewellery industry.
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