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India Colored Gemstones Market Outlook 2023 to 2033

The India colored gemstones market should attain a US$ 707.8 million in 2023. Between 2023 and 2033, a robust 10.5% CAGR should facilitate market acceleration. This should culminate in a US$ 1,916.9 million for the market in 2033.

Gemstones are mineral crystal pieces that are cut and polished for creating jewelry along with other types of adornments. Occasionally, rocks without mineral content are also used, such as obsidian and opal. Pearl, jet, and amber, which are organic materials, are also fit for use as gemstones.

Diamond, sapphire, ruby, and emerald are regarded as precious gemstones. These gemstones offer distinct qualities such as

  • Translucent appearance along with fine colors (colorless diamond is a notable exception)
  • 8 to 10 Mohs scale hardness

The value of a gemstone depends on the following factors

  • Color zoning
  • Cut
  • Clarity
  • Asteria

Treatment of gemstones is a common practice for enhancing their clarities and colors. For instance, the application of heat is prevalent for enhancing the appearances of gemstones. However, excessive application may result in gemstone spoilage. Other treatment methods include fracture filling, oiling/waxing, and radiation.

In India, gemstones are popular not only for aesthetic concerns. A significant chunk of the country’s populations believes that gemstones possess divine power. For instance, the ruby colored gemstone market is likely to accelerate in the coming years. This is due to the belief that ruby is representative of the Sun.

Attribute Key Insights
Estimated India Colored Gemstones Market Value (2023) US$ 707.8 million
Projected Market Value (2033) US$ 1,916.9 million
Value-based CAGR (2023 to 2033) 10.5%
Top Players Share in 2022 ~20 to 25%

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2018 to 2022 India Colored Gemstones Market Outlook Compared to Demand from 2023 to 2033

The gemstone industry is witnessing a recovery in demand, after suffering huge losses during the pandemic in 2020. Various reasons have led to a shift in the demand for colored gemstones in developing countries such as India.

These reasons include the growing influence of social media, middle class aspirations for a luxurious lifestyle and rising living standards.

Demand for colored gemstone is also increasing as gemstones hold a sentimental value due to their Vedic properties. As a result, a prominent portion of the Indian population predominantly perceive them as stones with astrological powers rather than precious stones.

Further, other factors such as polishing, processing, lower labor, and distribution costs have subsequently boosted the product inflow from India to the regional market.

According to leading market intelligence firm Future Market Insights, the India market for colored gemstones accelerated at a positive 8.0% CAGR from 2018 to 2022. At the end of 2022, the market’s valuation settled at around US$ 644.1 million.

Comparative View of Adjacent Colored Gemstones Market

India Colored Gemstones Market:

Attribute India Colored Gemstones Market
CAGR (2023 to 2033) ~10.5%
Market Value (2023) ~US$ 707.8 million
Growth Factor Jewelry is an integral part of Indian weddings and other Functions
Key Trend Changing retail experience is altering customer behavior and affecting brand loyalty

Global Colored Gemstones Market:

Attribute Global Colored Gemstones Market
CAGR (2023 to 2033) ~5.7%
Market Value (2023) ~US$ 15,933.5 million
Growth Factor Jewelry as an investment option
Key Trend Rising prominence of organized jewelry retailing

Global Gemstone Market:

Attribute Global Gemstone Market
CAGR (2023 to 2033) ~5.6%
Market Value (2023) ~US$ 32,388.4 million
Growth Factor Burgeoning demand for jewelries and ornaments
Key Trend Substantial demand for lab-grown diamonds due to their affordability
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Which Key Dynamics are Influencing the Market for Colored Gemstones in India?

Rising Demand for Customization and Digital Transformation to Influence India Market for Colored Gemstones

Consumer demand for customized colored gems is encouraging manufacturers to focus on developing new and innovative designs to fulfil the changing needs and demands of consumers.

They are using advanced technologies such as computer-aided design (CAD) and rapid prototyping (RP). There has been an increase in the demand for colored gemstone jewelry in the Indian market due to the latest trends followed by female consumers.

According to a document presented by Natural Resource Governance Institute (NRGI), the popularity of colored gemstone has increased in the recent years. However, the prices of colored gemstone have increased by 100% over the past decade.

As a result, consumers are interested in buying colored gemstone other than diamonds as they are luxury products that act as status symbols.

Colored gemstones in different price ranges are available in the market, and consumers can choose from them as per their spending ability. The two tiers of pricing that are likely to flourish are the under US$ 499 retail segment and the above US$ 7,500 segment.

Meanwhile, the US$ 1,500 to US$ 2,000 market and the middle tier of about $2,000 to $6,500 remains weak due to the slow economic recovery that is impacting the country’s middle class.

Digital transformation is about efficiency, saving time and money, and staying ahead of the competition. It also involves multifaceted efforts to improve the consumer experience and engage customers with fancy apps and high-tech products.

The presence of several online stores, along with review sites, allows consumers to easily compare products, designs, prices, and service levels.

With rapidly enhancing digital ecosystems, several players in the market are now focused on enhancing their presence on prominent social media platforms like Facebook, Twitter, and Instagram. Enhancing their presence on social media platforms has helped the brands to connect with their prospective millennial consumers.

What Can Hamper Sales Acceleration of the India Market for Colored Gemstones?

Raw Material Scarcities are Likely to Restrict Colored Gemstones Sales in India from 2023 to 2033

With gold output accounting for less than 0.5% of total yearly consumption, India is forced to import gold to satisfy its needs. After crude oil, gold is India’s second-largest import commodity.

With the acceleration in the local market, less gold is exported, affecting the external sector's balance. In 2022, India imported gems and jewelry worth more than US$ 1.4 billion. Due to limited supplies, domestic colored gemstone vendors are demanding an additional 10% premium for delivery, increasing the cost for the end user.

To avoid the twofold rise, producers are increasingly importing gemstones in the form of finished items from Dubai and Singapore, either for direct sale or for melting down to build customized products. With such a significant rise in pricing passed on to consumers, the sales of colored gemstones have suffered.

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Category wise Insights

Based on Type, Which Segment Should Dominate Colored Gemstones Demand in India?

On the Basis of Type, Ruby Segment to Dominate Colored Gemstones Demand in India

Substantial demand for ruby gemstones is set to make it the dominant segment in the market based on type. The common belief that ruby can protect against illnesses and misfortune has been long rooted in the India’s cultural values.

Early cultures treasured the ruby gem, believing that it held the power of life due to its color association with blood. This is set to remain a prominent factor in the increasing demand for rubies in India.

The significant demand for ruby stones in the making of jewelry such as bangles, necklaces, and pendants has increased significantly in recent years. The increasing prominence of ruby stones in jewelry across high earning rural and urban areas has boosted the sales of ruby gemstone in India. Ruby gemstone contributed a share of more than 47.2% in 2022.

How Does the Jewelry and Ornaments Application Segment Play a Vital Role in the Growth of the Market?

Jewelry and Ornaments Segment to Continue Holding Prominent Share in Terms of Revenue

The jewelry and ornaments segment is expected to account for around 47.7% of market share in India. This is owing to the expansion of the country’s middle class and innovative jewelry designs offered by manufacturers.

Jewelry and ornaments segment is sub-divided into bangles, necklaces, pendants, earrings, rings, anklets, and brooches. An important share of the market is contributed by rings, which accounted for a 29% share in the market in 2022.

Changing lifestyles and perceptions towards jewelry as a status symbol are expected to drive the acceleration of this segment. The escalating popularity of manufacturers that combine technology with ornaments is also helping in boosting the consumption of target products.

Competitive Landscape

India colored gemstone market is characterized by presence of numerous small to medium-scale players and prominent players including Rio Tinto. While the small to medium-scale companies mostly cater to local demand, prominent players’ products are aimed at international audiences.

Colored gemstones companies are offering various advantages such as stone origin, differentiation, and values. This is boosting the consumer loyalty towards the brands. Players are also forming different groups to make the colored gemstone sourcing and their supply chains more transparent and sustainable.

The Government of India is also trying its best to be supportive of the market. In recent years, the government has announced various measures to reduce prices and promote purchases.

For instance

  • In February 2022, Nirmala Sitharaman, India’s Finance Minister, announced that there would be a 5% reduction on the import duties on polished and cut diamonds.

Scope of the Report

Attribute Details
Estimated Market Size (2023) US$ 707.8 million
Projected Market Size (2033) US$ 1,916.9 million
Anticipated Growth Rate (2023 to 2033) 10.5%
Forecast Period 2023 to 2033
Historical Data Available for 2018 to 2022
Market Analysis US$ million for Value
Key Countries Covered India
Key Segments Covered
  • Stone Type
  • Product Type
  • Application
  • Product Format
  • Cut Type
  • Shape
  • Clarity
  • Region
Key Companies Profiled
  • Anglo American PLC
  • Gemfields Group Ltd.
  • Petra Diamonds Limited
  • Rockwell Diamonds Inc.
  • Gem Diamonds Limited
  • PJSC ALROSA
  • Swarovski Group
  • Rio Tinto Diamonds
  • Botswana Diamonds P.L.C
  • Fura Gems Inc.
  • Dominion Diamond Corporation
  • Mountain Province Diamonds Inc.
  • Trans Hex Group Ltd.
  • Merlin Diamonds Limited
  • KGK Group
  • Pala International Inc.
  • MIF Gems Co Ltd.
  • Greenland Ruby
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities, and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

India Colored Gemstones Market by Category

By Stone Type:

  • Emerald
  • Ruby
  • Sapphire

By Shape (% of Demand):

  • Round
  • Oval
  • Pear
  • Cushion
  • Square Cushion
  • Square
  • Rectangle
  • Triangle
  • Freeform

By Product Type

  • Precious
  • Semi- Precious
  • Synthetic Stone

By Application

  • Jewelry & Ornaments (Fashion Jewelry)
    • Bangles
    • Necklaces
    • Pendants
    • Earrings
    • Rings
    • Anklets
    • Brooches
  • Luxury Art
  • Astro

By Product Format:

  • Natural
  • Synthetic (Lab Created)

By Cut Type (% of Demand):

  • Faceted Style
  • Non Faceted

By Clarity:

  • Type - I
  • Type - II
  • Type - III

By Region:

  • North
  • South
  • West
  • East

Frequently Asked Questions

What is the Current India Colored Gemstones Market Valuation?

The market is pegged at a value of US$ 707.8 million in 2023.

What is the Projected Size of the India Colored Gemstones Market by 2033?

The market is estimated to reach US$ 1,916.9 million by 2033.

What is the projected CAGR for the India Colored Gemstones Market?

The market is anticipated to surge at a CAGR of 10.5% through 2033.

Which is the Key Segment in the Market by Product Type?

Ruby segment maintains its supremacy, capturing 47.2% of market share in 2022.

Which is the Top Trend in the India Colored Gemstones Market?

Surge in online platforms for gemstone purchasing is elevating the market.

Table of Content

1. Executive Summary | India Colored Gemstones Market

    1.1. Market Overview

    1.2. Summary of Key Statistics

    1.3. Summary of Key Findings

    1.4. Product Evolution Analysis

    1.5. FMI Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage/Taxonomy

    2.2. Market Definition/Scope/Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market

        3.1.1. Growing Demand for Lab-Grown Diamonds Due to their Affordability

        3.1.2. Digital Transformation Trends are Reshaping the Buying Behavior of Consumers

        3.1.3. Changing Retail Experience is Changing Customer Behavior & Creating Brand Loyalty

        3.1.4. Demand for Colored Gemstones to Rise Among Young Consumers

        3.1.5. Technological Advancements Reshaping the Manufacturing Process

    3.2. Product Innovation Trends

4. Colored Gemstones Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033

    4.1. Historical Market Volume (‘000 Carats) Analysis, 2018 to 2022

    4.2. Current and Future Market Volume (‘000 Carats) Projections, 2023 to 2033

    4.3. Y-o-Y Growth Trend Analysis

5. Colored Gemstones Market - Pricing Analysis

    5.1. Pricing Analysis By Stone Type

    5.2. Average Pricing Analysis Benchmark

6. Colored Gemstones Market Demand (in Value or Size in US$ million) Analysis 2018 to 2022 and Forecast, 2023 to 2033

    6.1. Historical Market Value (US$ million) Analysis, 2018 to 2022

    6.2. Current and Future Market Value (US$ million) Projections, 2023 to 2033

        6.2.1. Y-o-Y Growth Trend Analysis

        6.2.2. Absolute $ Opportunity Analysis

7. Market Background

    7.1. Macro-Economic Factors

        7.1.1. GDP Growth Outlook

        7.1.2. Consumer Spending Outlook

        7.1.3. Retail Sector GVA and Growth

        7.1.4. Consumer Buying Behavior Analysis

        7.1.5. Consumer Spending Outlook

        7.1.6. Per Capita Disposable Income

    7.2. Forecast Factors - Relevance & Impact

        7.2.1. Top Companies Historical Growth

        7.2.2. Per Capita Disposable on Jewelry

        7.2.3. Diamond Production Outlook

        7.2.4. Expanding Gems & Jewelry Industry

        7.2.5. Urbanization Growth Outlook

        7.2.6. Internet User Statistics

        7.2.7. Others

    7.3. PESTLE Analysis of Colored Gemstones Market

    7.4. Porter’s Five Forces Analysis of Colored Gemstones Market

    7.5. Market Dynamics

        7.5.1. Drivers

        7.5.2. Restraints

        7.5.3. Opportunity Analysis

8. Colored Gemstones Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Stone Type

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ million) Analysis By Stone Type, 2018 to 2022

    8.3. Current and Future Market Size (US$ million) Analysis and Forecast By Stone Type, 2023 to 2033

            8.3.1.1. Emerald

            8.3.1.2. Ruby

            8.3.1.3. Sapphire

    8.4. Market Attractiveness Analysis By Stone Type

9. Colored Gemstones Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Product Type

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ million) and Volume Analysis By Product Type, 2018 to 2022

    9.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Product Type, 2023 to 2033

        9.3.1. Precious

        9.3.2. Semi- Precious

        9.3.3. Synthetic Stone

    9.4. Market Attractiveness Analysis By Product Type

10. Colored Gemstones Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ million) and Volume Analysis By Application, 2018 to 2022

    10.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Application, 2023 to 2033

        10.3.1. Jewelry & Ornaments (Fashion Jewelry)

            10.3.1.1. Bangles

            10.3.1.2. Necklaces

            10.3.1.3. Pendants

            10.3.1.4. Earrings

            10.3.1.5. Rings

            10.3.1.6. Anklets

            10.3.1.7. Brooches

        10.3.2. Luxury Art

        10.3.3. Astro

    10.4. Market Attractiveness Analysis By Application

11. Colored Gemstones Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Product Format

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ million) and Volume Analysis By Product Format, 2018 to 2022

    11.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Product Format, 2023 to 2033

        11.3.1. Natural

        11.3.2. Synthetic (Lab Created)

    11.4. Market Attractiveness Analysis By Product Format

12. Colored Gemstones Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Shape (% of Demand)

    12.1. Introduction / Key Findings

    12.2. Historical Market Size (US$ million) and Volume Analysis By Shape, 2018 to 2022

    12.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Shape, 2023 to 2033

        12.3.1. Round

        12.3.2. Oval

        12.3.3. Pear

        12.3.4. Cushion

        12.3.5. Square Cushion

        12.3.6. Square

        12.3.7. Rectangle

        12.3.8. Triangle

        12.3.9. Freeform

13. Colored Gemstones Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Cut Type (% of Demand)

    13.1. Introduction / Key Findings

    13.2. Historical Market Size (US$ million) and Volume Analysis By Cut Type, 2018 to 2022

    13.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Cut Type, 2023 to 2033

        13.3.1. Faceted Style

        13.3.2. Non Faceted

14. Colored Gemstones Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Clarity

    14.1. Introduction / Key Findings

    14.2. Historical Market Size (US$ million) and Volume Analysis By Clarity, 2018 to 2022

    14.3. Current and Future Market Size (US$ million) and Volume Analysis and Forecast By Clarity, 2023 to 2033

        14.3.1. Type - I

        14.3.2. Type - II

        14.3.3. Type - III

    14.4. Market Attractiveness Analysis By Clarity

15. Colored Gemstones Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region

    15.1. Introduction

    15.2. Historical Market Size (US$ million) and Volume (‘000 Carats) Analysis by Region, 2018 to 2022

    15.3. Current Market Size (US$ million) and Volume (‘000 Carats) Analysis and Forecast by Region, 2023 to 2033

        15.3.1. North

        15.3.2. South

        15.3.3. West

        15.3.4. East

    15.4. Market Attractiveness Analysis by Region

16. Market Structure Analysis

    16.1. Market Analysis by Tier of Companies (Colored Gemstone)

    16.2. Market Concentration

    16.3. Market Share Analysis of Top Players

    16.4. Market Presence Analysis

        16.4.1. By Region Footprint of Players

        16.4.2. Product Footprint by Players

        16.4.3. Channel Footprint by Players

17. Competition Analysis

    17.1. Competition Dashboard

    17.2. Pricing Analysis by Competition

    17.3. Competition Benchmarking

    17.4. Competition Deep Dive

        17.4.1. Anglo American PLC

            17.4.1.1. Overview

            17.4.1.2. Product Portfolio

            17.4.1.3. Profitability by Market Segments (Product/Channel/Region)

            17.4.1.4. Sales Footprint

            17.4.1.5. Strategy Overview

                17.4.1.5.1. Marketing Strategy

                17.4.1.5.2. Service Strategy

        17.4.2. Gemfields Group Ltd.

            17.4.2.1. Overview

            17.4.2.2. Product Portfolio

            17.4.2.3. Profitability by Market Segments (Product/Channel/Region)

            17.4.2.4. Sales Footprint

            17.4.2.5. Strategy Overview

                17.4.2.5.1. Marketing Strategy

                17.4.2.5.2. Service Strategy

        17.4.3. Petra Diamonds Limited

            17.4.3.1. Overview

            17.4.3.2. Product Portfolio

            17.4.3.3. Profitability by Market Segments (Product/Channel/Region)

            17.4.3.4. Sales Footprint

            17.4.3.5. Strategy Overview

                17.4.3.5.1. Marketing Strategy

                17.4.3.5.2. Service Strategy

        17.4.4. Rockwell Diamonds Inc.

            17.4.4.1. Overview

            17.4.4.2. Product Portfolio

            17.4.4.3. Profitability by Market Segments (Product/Channel/Region)

            17.4.4.4. Sales Footprint

            17.4.4.5. Strategy Overview

                17.4.4.5.1. Marketing Strategy

                17.4.4.5.2. Service Strategy

        17.4.5. Gem Diamonds Limited

            17.4.5.1. Overview

            17.4.5.2. Product Portfolio

            17.4.5.3. Profitability by Market Segments (Product/Channel/Region)

            17.4.5.4. Sales Footprint

            17.4.5.5. Strategy Overview

                17.4.5.5.1. Marketing Strategy

                17.4.5.5.2. Service Strategy

        17.4.6. PJSC ALROSA

            17.4.6.1. Overview

            17.4.6.2. Product Portfolio

            17.4.6.3. Profitability by Market Segments (Product/Channel/Region)

            17.4.6.4. Sales Footprint

            17.4.6.5. Strategy Overview

                17.4.6.5.1. Marketing Strategy

                17.4.6.5.2. Service Strategy

        17.4.7. Swarovski Group

            17.4.7.1. Overview

            17.4.7.2. Product Portfolio

            17.4.7.3. Profitability by Market Segments (Product/Channel/Region)

            17.4.7.4. Sales Footprint

            17.4.7.5. Strategy Overview

                17.4.7.5.1. Marketing Strategy

                17.4.7.5.2. Service Strategy

        17.4.8. Rio Tinto Diamonds

            17.4.8.1. Overview

            17.4.8.2. Product Portfolio

            17.4.8.3. Profitability by Market Segments (Product/Channel/Region)

            17.4.8.4. Sales Footprint

            17.4.8.5. Strategy Overview

                17.4.8.5.1. Marketing Strategy

                17.4.8.5.2. Service Strategy

        17.4.9. Botswana Diamonds P.L.C

            17.4.9.1. Overview

            17.4.9.2. Product Portfolio

            17.4.9.3. Profitability by Market Segments (Product/Channel/Region)

            17.4.9.4. Sales Footprint

            17.4.9.5. Strategy Overview

                17.4.9.5.1. Marketing Strategy

                17.4.9.5.2. Service Strategy

        17.4.10. Fura Gems Inc.

            17.4.10.1. Overview

            17.4.10.2. Product Portfolio

            17.4.10.3. Profitability by Market Segments (Product/Channel/Region)

            17.4.10.4. Sales Footprint

            17.4.10.5. Strategy Overview

                17.4.10.5.1. Marketing Strategy

                17.4.10.5.2. Service Strategy

        17.4.11. Dominion Diamond Corporation

            17.4.11.1. Overview

            17.4.11.2. Product Portfolio

            17.4.11.3. Profitability by Market Segments (Product/Channel/Region)

            17.4.11.4. Sales Footprint

            17.4.11.5. Strategy Overview

                17.4.11.5.1. Marketing Strategy

                17.4.11.5.2. Service Strategy

        17.4.12. Mountain Province Diamonds Inc.

            17.4.12.1. Overview

            17.4.12.2. Product Portfolio

            17.4.12.3. Profitability by Market Segments (Product/Channel/Region)

            17.4.12.4. Sales Footprint

            17.4.12.5. Strategy Overview

                17.4.12.5.1. Marketing Strategy

                17.4.12.5.2. Service Strategy

        17.4.13. Trans Hex Group Ltd.

            17.4.13.1. Overview

            17.4.13.2. Product Portfolio

            17.4.13.3. Profitability by Market Segments (Product/Channel/Region)

            17.4.13.4. Sales Footprint

            17.4.13.5. Strategy Overview

                17.4.13.5.1. Marketing Strategy

                17.4.13.5.2. Service Strategy

        17.4.14. Merlin Diamonds Limited

            17.4.14.1. Overview

            17.4.14.2. Product Portfolio

            17.4.14.3. Profitability by Market Segments (Product/Channel/Region)

            17.4.14.4. Sales Footprint

            17.4.14.5. Strategy Overview

                17.4.14.5.1. Marketing Strategy

                17.4.14.5.2. Service Strategy

        17.4.15. KGK Group

            17.4.15.1. Overview

            17.4.15.2. Product Portfolio

            17.4.15.3. Profitability by Market Segments (Product/Channel/Region)

            17.4.15.4. Sales Footprint

            17.4.15.5. Strategy Overview

                17.4.15.5.1. Marketing Strategy

                17.4.15.5.2. Service Strategy

        17.4.16. Pala International Inc.

            17.4.16.1. Overview

            17.4.16.2. Product Portfolio

            17.4.16.3. Profitability by Market Segments (Product/Channel/Region)

            17.4.16.4. Sales Footprint

            17.4.16.5. Strategy Overview

                17.4.16.5.1. Marketing Strategy

                17.4.16.5.2. Service Strategy

        17.4.17. MIF Gems Co Ltd.

            17.4.17.1. Overview

            17.4.17.2. Product Portfolio

            17.4.17.3. Profitability by Market Segments (Product/Channel/Region)

            17.4.17.4. Sales Footprint

            17.4.17.5. Strategy Overview

                17.4.17.5.1. Marketing Strategy

                17.4.17.5.2. Service Strategy

        17.4.18. Greenland Ruby

            17.4.18.1. Overview

            17.4.18.2. Product Portfolio

            17.4.18.3. Profitability by Market Segments (Product/Channel/Region)

            17.4.18.4. Sales Footprint

            17.4.18.5. Strategy Overview

                17.4.18.5.1. Marketing Strategy

                17.4.18.5.2. Service Strategy

        17.4.19. Others (As Per Request)

            17.4.19.1. Overview

            17.4.19.2. Product Portfolio

            17.4.19.3. Profitability by Market Segments (Product/Channel/Region)

            17.4.19.4. Sales Footprint

            17.4.19.5. Strategy Overview

                17.4.19.5.1. Marketing Strategy

                17.4.19.5.2. Service Strategy

18. Assumptions and Acronyms Used

19. Research Methodology

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