BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Consensus understands and appreciates jewellery hallmarking as a tailwind for industry formalisation.
In our view, the impact is far higher. We believe that jewellery hallmarking may likely lead to:
(1) further industry consolidation (apart from formalisation),
(2) likely traceability of raw material (gold) leading to potentially higher imports through formal route,
(3) material business disruption for informal players in converting their inventory to hallmarked standards (necessity to melt and recreate ornaments),
(4) opportunity for design-oriented brands to realise higher brand premium (versus commodity++ / unbundled pricing mostly, as of now).
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.