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Online jewellery market may swell to $3.6 billion in 3 years, says Jewelemart CEO

Adds that the growth would come mainly on the back of the e-commerce boom

Press Trust of India  |  Mumbai 

Online jewellery market in India is expected to hit $3.6 billion in the next three years, that is roughly 20% of the global market size estimated at $18 billion, mainly on the back of the e-commerce boom. "Currently, the world online jewellery market is around $10 billion, which will grow to $18 billion in next three years and India can capture a market share of 20%," Jewelemart CEO Adish Shah said in a statement here. Shah feels that there is a good scope to boost the online jewellery market in the country. "We have launched the first B2C ...

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First Published: Fri, July 08 2016. 09:32 IST
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