Registered a decline of -12.67% in value shipments in 2022 as compared to 2021 and a decrease of -8.55% CAGR in 2022 over a interval of 2017. In Jewellery Market India is becoming extra competitive as the HHI index in 2022 was 4573 while in 2017 it was 7150. The range lies from 0 to 10000, the place a lower index number represents a larger variety of gamers or exporting countries available in the market while a big index quantity means less numbers of gamers or countries exporting out there. India has reportedly relied extra on home manufacturing to meet …