The gems and jewellery sector in India stands as a major player in the global jewellery and diamond market, holding significant sway in the Indian economy by contributing approximately 7% to the GDP and providing employment to over 5 million individuals. Projections suggest that the Indian jewellery market is poised to expand by USD 21.54 billion with a Compound Annual Growth Rate (CAGR) of 5.54% between 2022 and 2027. The market is deeply rooted in cultural traditions, reflecting India's rich heritage and the traditional significance of adornment. With the rise in disposable income and advancements in technology, there has been a noticeable surge in the demand for both retro and contemporary jewellery. The increasing preference for online sales channels signifies evolving consumer behaviours and accessibility.

In this context, Indian Chamber Of Commerce is set to organise the 6th ICC Gems & Jewellery Summit 2024 at Jacaranda Hall, India Habitat Centre, New Delhi