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Jewelry Sales India
ASSOCHAM Observes Higher Diamond, Platinum Demand for Diwali
ASSOCHAM found an emerging appeal for diamonds and platinum across India's urban cities ahead of Dhanteras and Diwali festivals. ASSOCHAM surveyed 350 jewelers and observed they were responding to changing demands by creating more...
Manufacturing Nov 01, 2013 Jeff Miller
Notandas Jewellers collection
Couples to Curb Expenditures for Valentine’s Day
Lovers on this Valentine’s Day in India are likely to curb their expenditures on big-ticket items such as jewelry, a romantic getaway or an expensive designer outfit due to ongoing weak consumer sentiment, ASSOCHAM projected in its latest survey.The report...
Retail Feb 12, 2013 Dilipp S Nag
Shopping Mall
India’s Luxury Market May Grow to $15B by 2015
India’s luxury market is expected to grow 25 percent in 2013 and at that same rate for the next two years, up from the current level of $8 billion and irrespective any global economic slowdown, according to a study by ASSOCHAM-Yes...
Retail Feb 06, 2013 Dilipp S Nag
ASSOCHAM Gems and Jewellery Report
China's Rough Diamond Deals May Impact Surat Industry
Surat’s diamond manufacturing sector is facing increased competition from China, ‎putting a dent the Indian city’s status as a leading polishing and cutting hub. ‎A report by the Associated Chamber of Commerce and Industry of India (ASSOCHAM) ‎noted...
Manufacturing Dec 05, 2012 Dilipp S Nag
ASSOCHAM
India’s Period of Weaker Economic Growth Nears Its Low Point
The economic slowdown in India is nearing its lowest point, but it could worsen slightly before an improvement is observed in the fourth quarter of the country's fiscal year, which ends March 31, 2013, according to an ASSOCHAM business...
Research Dec 03, 2012 Dilipp S Nag
bulgari lvmh
Inadequate Infrastructure Stifles India’s Luxury Industry
The lack of adequate infrastructure is a key barrier confronting the growth of luxury goods industry in India, according to a joint survey by ASSOCHAM and Yes Bank. This was opined by a whopping 95 percent of chief executives representing the global...
Retail Nov 27, 2012 Dilipp S Nag
India's Young Sparks Rise in Online Retail Activity
India’s online retail activity is growing at a rate of 43 percent a year with women ‎increasingly active on the web, a recent study revealed. ‎Women account for about 40 percent of the approximate 125 million Internet users in ‎India, the joint research by the Associated Chambers of Commerce and Industry of India ‎‎(ASSOCHAM)...
Retail Oct 30, 2012 Dilipp S Nag
ASSOCHAM Expects Short Term Improvement in Indian Economy
India’s economic situation will likely improve significantly at the critical macro-level and for industry in the next six months, according to the latest ASSOCHAM Bizcon Survey (ABS). This is despite the fact that current domestic demand remains weak and the global markets remain uncertain,...
Financial-Legal Oct 23, 2012 Dilipp S Nag
Jewelry Sales India
Inflation Slams Indian Consumers Ahead of Festive Season
A majority of Indian consumers will be forced to cut spending this festive season in order to meet their monthly expenses as persistently high inflation eats away their disposal income, according to a survey conducted by ASSOCHAM.The survey on "High prices...
Retail Oct 05, 2012 Dilipp S Nag
Rupee
ASSOCHAM Forecasts a Stronger Rupee Ahead
The U.S. dollar is likely to drop below INR 50 in less than three months and then stabilize due to a host of policy reforms in India, the return of foreign institutional investors (FIIs) to the Indian stock market and...
Financial-Legal Sep 28, 2012 Dilipp S Nag
Gold bars
Gold Outshines Equity, Others Asset Classes
Gold has experienced a resurgence in terms of the returns it is providing to Indian investors, while the stock market has turned negative in the past three years, according to an ASSOCHAM study.ASSOCHAM noted that those who invested in gold...
Retail Sep 24, 2012 Dilipp S Nag
Bharat Diamond Bourse
India’s Growth Expected to Slow for Fiscal 2013
India’s economic growth is expected to slow to around 6 percent to 6.3 percent in fiscal 2013, according to an ASSOCHAM survey of economists and industry leaders.‎ Growth is being impacted by the a decrease in industrial growth and its impact on the ‎service...
Financial-Legal Aug 06, 2012 Dilipp S Nag
ASSOCHAM
India Corporations Cut Advertising Budgets
Corporate India curtailed its advertisement budget for brand promotions by up to 45 percent in ‎the fiscal year that ended March 31, 2012, according to a survey by the Associated Chambers of ‎Commerce and Industry of India (ASSOCHAM). Advertising budgets...
Marketing Jul 26, 2012 Dilipp S Nag
ASSOCHAM
India’s Business Confidence Erodes Sharply in June
India’s business confidence experienced a sharp erosion in June as compared with six months earlier and it could take at least another two quarters before the mood turns “somewhat better,” according to the latest ASSOCHAM Business...
Financial-Legal Jul 20, 2012 Dilipp S Nag
ASSOCHAM
Forex Losses, Rising Debt to Drag Indian Firms 1Q
Most likely the first-quarter financial results from Indian firms will show a foreign exchange (forex) loss as the rupee has been hammered by U.S. dollar, according to a survey by the Associated Chambers of Commerce and Industry...
Financial-Legal Jun 25, 2012 Dilipp S Nag
Watches
ASSOCHAM Says Indian Watch Market to Grow at 15%
India’s watch market is expected to grow at 15 percent every year to around $2.70 billion (INR 150 billion) by 2020 driven by young consumers, the emergence of a strong middle class and a larger number of high-net-worth individuals, according to the...
Retail Jun 13, 2012 Dilipp S Nag
Gold bars
ASSOCHAM Predicts a Gold Price Increase for India
Gold prices in India may cross $550 (INR 30,000) per 10 grams during the June to August period, according to the Associated Chambers of Commerce and Industry of India (ASSOCHAM). The price of gold for 10 grams today...
Retail May 18, 2012 Dilipp S Nag
Rupee
Rupee Insecurities
The decision by the Indian government to force its citizens to convert half their foreign ‎currency to rupee was another of a growing list of directives negatively impacting the ‎diamond industry. The result is that 2012 is set to become...
Polished Markets May 18, 2012 Avi Krawitz
ASSOCHAM
ASSOCHAM Survey Suggests Ways to Support Rupee
Internal country demand for investments and increased remittances by Indian expatriates are immediate solutions to problems facing the Indian economy in the form of a depreciating rupee against the dollar under the impact of capital outflows...
Financial-Legal May 14, 2012 Dilipp S Nag
Gold bars
Industry Leaders Say India Must Emerge as a Gold Trading Hub
India needs to capitalize upon its gold consumption in order to strengthen its position as a trading hub ‎for gems and jewelry, industry experts concluded.‎‎“We should establish India as a brand to reckon with and ascertain its leadership...
Retail May 03, 2012 Dilipp S Nag
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