Friday 30 December 2016

#Reader’sResponse: Demonetisation: A huge setback for the jewellery industry

                                           A chance to make the trade transparent

With demonetisation, everything will be evaluated and legalised and thus there will be demand in hallmarking,
certification and valuation of jewellery. This will increase credibility of precious colour stones. We observed a drop in sales volume initially, but I am sure the volumes will eventually pick up once things have settled down. Any new change takes time and a national one like this will definitely show its positive impact on our country in the future.

Dharamchand Jain
Supreme Gems and Art International

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