Global brands must navigate a jewellery market dominated by local giants with nationwide store networks looking to expand overseas and acquire domestic rivals.

KEY INSIGHTS
- Local jewellers are consolidating their position in India's $60 billion jewellery market as the country's strong economic growth fuels demand.
- Major Indian brands expanding nationwide are also growing their retail footprint in key diaspora markets like Dubai, Singapore and the US.
- Foreign brands find it harder to compete as Indian players catering for local tastes, occasions and trends continue to dominate the sector.