Building a Sustainable and Growth-oriented Jewellery Sector

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Presentation transcript:

Building a Sustainable and Growth-oriented Jewellery Sector 12th August, 2017

Panelists Mr. Sandeep Kulhalli, Tanishq Mr. Ashish Pethe, WHP Jewellers Mr. Kinjal Shah, RJC Mr. Shailesh Sangani, Priority Jewels Mr. R Satish, Manoj Vibhav Gems and Jewellers P Ltd Mr. Sharad Jobanputra, Sequel Global Critical Logistics

Millennial With 65% of population under 35 years, is the industry doing enough in India to make jewellery as appealing as other competing items? Is jewellery still the first choice for the new age consumer?

Digitalization Is 'digital' going to the new 'game changer' for the industry especially the millennial (those who are born after 2000)? What are the various initiatives by Tanishq & WHP on digitalisation?

Sustainability In overseas markets, is India able to define its competitive space as distinctly as possible? Where have we succeeded? What is the learning? What further needs to be done for sustainability?

Growth Strategies How do we blend our manufacturing strengths with the craftsmanship and create new opportunities in the global market? Are we able to recruit and retain the best of talents? What are the various talent and skill up gradation opportunities? Are we incentivising karigars enough so that their next generation will also be keen on entering the industry? Is there a case study to share and emulate?

Retailing What is the tangible benefit to consumers in retail jewellery sector? How do we communicate such benefits? How beneficial it is for the retail sector to be compliant and organized?

Being Responsible How we demonstrate that we understand global concerns for socially responsible business practices and  comply with the emerging regulations? Is responsible sourcing compliance (say RJC compliance) a business imperative for jewellers selling only in Indian market?

Alliance with the Government How do we engage with the government and align industry objectives with government priorities for e.g. compliance with law, fairness to employees and customers, and willing to adopt to global change? How do we communicate the benefits of such alignment with our industry members? What is industry’s expectation from the Government?

GST How is the growth in jewellery business as compared to the previous tax regime? Post-GST, do we see a huge increase in voluntary compliance? How equipped is the Gems & Jewellery industry with the GST regime?

Thank you