Renaissance Jewellery

The outlook for the industry is positive

1. According to a report by Research & Markets, the sector in India is expected to grow at a CAGR of 16% over 2014-19. (Source: Annual Report 14-15 Renaissance Jewellery)

2. Provisional gross export of gold jewellery for the period April 14 – March 15 at US$ 9852.18 million shows growth of 17.77 per cent (over the comparative figure of US$ 8365.68 million for April 13 – March 14. Provisional gross export of Silver Jewellery for the period April 14 – March 15 at US$ 2054.52 million shows growth of 39.29 per cent over the comparative figure of US$ 1475.02 million for April 13 – March 14. (Source: Annual Report 14-15 Goldiam)

Outlook seems to be positive. Moreover management has stated they can ramp-up the production without significant capital expenditure. The company is already present in Bangladesh ( The value add for the company is manufacturing jewellery out of raw Gold, Silver and manpower being cheapest in Bangladesh give a clear competitive advantage to the company)

All said please be warned that some borders have expressed the concern that the whole industry is not transparent.