The Indian jewellery sector has changed dramatically throughout the years. The Indian fashion jewellery industry has become one of the country’s fastest growing industries.
Artificial jewellery producers in India may reach INR 65,620 crore by the end of 2022 due to rising demand. Between 2017 and 2022, artificial jewellery producers in India expect the sector to grow at a CAGR of around 23.5 percent.
Over time, the Indian artificial jewellery market has grown.
Let us take a closer look at Artificial Jewellery Manufacturers in India.
1. JPH Design:
JPH Design is a well known Jewellery Wholesaler In Kolkata since 2018. We have the expert designer and hundreds of latest Jewellery models. Now we deliver our products to all over the India according to the consumers need and requirements.
Antique jewellery, Kundan jewellery, Indo-western jewellery, Designer jewellery, and Western jewellery are all available via the organisation.
The organisation provides a wide range of items, including:
- Pendant
- Studs
- Bangles
- Bracelet
Because the company is committed to supplying high-quality products, it follows the following guidelines:
- Unit design and production in-house
- 100% customer satisfied
- Using both traditional and contemporary techniques
- Controlled quality assurance
- Designs that are unique and appealing
- Consignments are processed quickly.
- Delivery is scheduled.
2. Mangalmani Jewellers
Mangalmani Jewellers has been one of India’s premier fake jewellery makers for many years. In 2006, it set out on a quest to become the most prominent player in the Indian jewellery sector.
Their team of elite designers, artisans, and professionals go to great lengths to create the most alluring designer fake jewellery possible. It features a large selection of beautiful replica jewellery for every occasion.
Since 2006, they’ve been offering high-quality services to clients, and they combine cutting-edge technology and artisanship to exceed their customers’ expectations. Artificial jewellery, Asian jewellery, ethnic jewellery, and other items are all manufactured, wholesaled, and exported by the company.
Some of the organization’s strengths are as follows:
- Only high-quality export jewellery is produced, and all international criteria are followed.
- Ensure the greatest level of quality while maintaining the lowest factory pricing.
- Customize jewellery according to the needs of consumers.
- An in-house jewellery design team helps to the production of one-of-a-kind pieces.
- A solid Customer Service Team made up of knowledgeable Customer Service Representatives.
3. Manek Ratna
Manek Ratna, a well-known fake jewellery company in India, was founded in 2010. The company specialises on traditional Indian jewellery that seems to be made of real gold or diamonds. They export artificial jewellery to all Indian states and cities from Mumbai’s Malad and Zaveri Bazaar.
It is a well-run business that specialises in numerous types of jewellery. Their fake jewellery is popular among customers because to its high-style appeal. Excellent finishing, new trends, distinctive designs, long-lasting sheen, knotted patterns, and refinement are also icing on the cake, since their items are in high demand.
They have a large selection of Artificial Jewellery. The black polished silver earrings are one of the most specialised types. Manek Ratna sells its earrings for between INR 100 and INR 1,000.
The yearly revenue of the firm ranges from INR 50 lakhs to INR 1 crore. Saudi Arabia, New Zealand, the United Kingdom, Mauritius, and the United States of America are among the nations to which it exports. The company’s exports account for 20% of its total income.
Let’s take a look at the company’s USPs:
- Strong financial results and top-notch management
- A wide assortment of products
- Excellent capacity for manufacture
- Customized solutions are available.
- The finished product is thoroughly tested.
4. EON Exports
In India’s fake jewellery industry, EON EXPORTS has established itself as the leading provider. The main ideals of the company have been innovation, productivity, and constant expansion since its foundation.
They value customer service and employ a customer-centric strategy that affects every department within the organisation. The company prioritises high-quality items, superior packaging, competitive price, and prompt service.
Its dedicated personnel ensures that the final product’s quality inspection meets the client’s requirements. A two-way examination is carried out by the organisation. When you work with them, you can expect quality and precision.
The dedicated product testing staff of EON Exports works in groups to constantly inspect the goods at their manufacturing sites.
To ensure high quality, they conduct extensive testing and packaging in well-equipped shipping units. Customers love them and keep returning for more.
5. Alex Jewels
Alex Jewels has been dedicated to crafting excellent jewellery and delivering a diverse choice of unique things for all styles and occasions for almost three decades. They will offer the highest quality things at the most reasonable prices, whether it is a handcrafted wedding ring, a stunning pair of pearls, or a stunning pendant.
The company has been servicing consumers all over the world for 30 years and is one of India’s leading artificial jewellery makers. Their commitment to service excellence is unrivalled. Customers benefit from the skilled staff’s knowledge and care when purchasing jewellery.
Subcontracting is not something the company believes in. The trained crew will handle all work, no matter how simple or difficult, as well as any repair services.
Their staff is always willing to offer advice, discuss new ideas, and educate customers about their vast inventory.
You will feel at ease with Alex Jewels. You should build a connection with them if you trust them with a unique piece.
6. Lotus Jewellery
This Jain organisation has been a well-known player in the jewellery industry since four years before Independence. Large-scale production is only the beginning. It creates 22 carat and 18 carat jewellery using Beam and CNC technology.
Lotus uses cutting-edge technology to develop the greatest goods, the most current trends, and the most extensive jewellery selection. With the help of professionally qualified creators, competent artisans, a skillful R&D group, and innovative technology, it creates the most attractive designs! Lotus is now one of India’s leading makers of fake jewellery.
A journey of four generations
However, he swiftly advanced his career by becoming a partner at a business in 1935. In Rajkot, he founded the ‘Jain Enamel Works’ in 1943.
In 1950, Mr Hashmukhlalbhai Saubhagychandbhai Vasa began working for the family business. He played a key role in extending it across India. In 1960, the father-son team decided to start producing diamonds in-house. Lotus Jewellery Creation and its affiliates currently employ Hasmukhlalbhai as a consultant.
Mr. Nalinbhai Hashmukhlalbhai Vasa joined his family company in 1975 after graduating from Saurashtra University with a B.Com and a certification in Taxation. Jain Bright Steel Traders was started by him in 1989.
Finally, he founded Lotus Jewellery Creation in 1999, which quickly rose to fame in the jewellery sector.
He quickly grew the company across India by launching the Amor brand and other small Indo-Italian jewellery lines. In addition, he is currently in charge of the jewellery company and is involved in R&D and product testing in the jewellery industry.
After acquiring MBA degrees from Gujarat University and the University of Scranton, Mr Vineet Kumar Nalinbhai Vasa joined his family enterprise in 2010. He effectively expanded the company to an international level by selling diamonds to a variety of countries.
He is presently in head of the firm’s R&D, Promotion, and Exporting departments, employing cutting-edge techniques throughout the Indo-Italian jewellery lines he oversees.
Conclusion
Because of the country’s economic progress and increased purchasing power, artificial jewellery makers in India have seen a surge in demand from the Indian market. Furthermore, the country’s high gold import tariff has fuelled demand for fake jewellery producers.
FAQs
Q. Which Indian city is famous for its fake jewellery?
Artificial jewellery is well-known in Sawantwadi, Goa, Hubli, and Dharmasthala in the Konkan area.
Q. Which state is famous for its synthetic jewellery?
Rajasthan is well-known for its synthetic jewellery.
Q. Is the artificial jewellery industry in India profitable?
Ans. It is one of the world’s largest corporations, contributing more than 5% of the country’s GDP.
Q. In fake jewellery, what is the profit margin?
In the fake jewellery sector, one may expect to make between 15% and 20%.
What is the HSN code for synthetic jewellery?
The HSN code for faux jewellery is 7117.
