Election Results and its impact on gems & jewellery sector perspective by Colin shah

Jun 04, 2024

unnamed 12Mr. Colin Shah, MD, Kama Jewelry

While the consumer demand largely remains unaffected due to election results, the industry hopes on continuity on governance as a key take away from the elections and looks forward to a further seamless ease of doing business. Despite the hurdles, Indian gems & jewellery sector has flourished in the last one decade and looks forward to policy reforms that promote a favourable environment for the sector.

 From the investors’ perspective, gold has once again proven to be a robust hedge against economic weather fluctuations. As the stock market witnesses a blood bath owing to election results, yellow metal continues to hold fort as it’s barely impacted by domestic factors.

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