The gems and jewelry industry is a major contributing sector to India's export revenues, and GDP. India is the world's largest importer of roughs, and exporter of processed diamonds, with over 90 percent of the market share. In the second and final part of our review stories, JCK India examines the business models, growth paths and strategies of five successful jewelry and diamond manufacturers. Some of these companies have found value by vertically integrating themselves, while others by increasing their geographical exposure. However, all of them have been able to carve a niche in an industry, which experts believe will witness a fair amount of consolidation in the next few years. Although we are in for some tough times ahead, "those who can survive for the next two-three years will definitely have a better future ahead," one firm pointed out. Although, the jury is still out on that! Companies are listed in reverse alphabetical order.


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