Imitation jewellery is designed just like precious gold jewellery, but they usually have gold or silver plating. Imitation jewellery is mostly loved by Indian women because they are easily available and are much more affordable than precious jewellery. Imitation jewellery also can be worn any time of the year and doesn't require any special occasion to be worn as in the case of precious gold and silver jewellery. Also, the imitation jewellery market contributes a fair share to the economy of India, and the number is increasing day by day. Therefore whether one wants to buy imitation jewellery for wholesale or for personal use, one must know the best imitation jewellery market to shop from.
So here are the 10 best online and offline artificial jewellery markets in India.
Artificial Jewellery Markets In India
1. Begum Bazaar, Hyderabad
Begum Bazaar is a very ancient market in Hyderabad. It is also one of the largest commercial places in Hyderabad. Begum Bazaar is known for its elegant jewellery. Begum Bazaar entices retailers and jewellery connoisseurs from all over India as they get promising quality at ultimate cheap prices.
There are more than a hundred shops in Begum Bazaar which sell imitation jewellery, especially gold imitation jewellery at wholesale prices. So you can visit Begum bazaar and shop your heart out or shop in bulk if you own a small jewellery business. Begum Bazaar's jewellery is best for bulk buyers who want to start their own small jewellery business as these are available at a very low price and can be resold with a heavy gain.
2. Janpath, Delhi
Just like Begum Bazaar, Janpath, New Delhi also has a massive jewellery market. In fact, if you explore the lanes of Janpath you can even witness the making of imitation and junk jewellery in bulk. All the designs have an Indian touch to them and the prices are mind-blowing. Most of the people you will see are wholesalers, therefore, making Janpath the destination of retailers from all over the country. The prices here can start from as low as 20 bucks. Janpath has some great imitation jewellery stores like Lovely jewellery where you can find beautiful costume jewellery, temple jewellery, oxidised jewellery, etc.
Also read:Artificial Jewellery Manufacturers In India
Chennai is considered the top location for all jewellery shopping. Whether it is real gold or gold plated ornaments, South Indians have a soft corner for everything related to gold. George town is one of the best imitation jewellery markets located in Chennai. It is one such street market where you can find everything, including jewellery at low prices. There are again a huge number of shops that sell the latest imitation jewellery at insanely low prices.
4. Pondy Bazaar, Chennai
Pondy Bazaar is also known as Soundarapandianar Angadi. It comes in the list of prime shopping destinations in Chennai. Pondy Bazaar has a lot of shops selling imitation jewellery ranging from bangles to necklaces and rings. There they usually call the imitation jewellery "gold-covered" jewellery and fashion jewellery. These shops sell in wholesale as well as in single pieces. Therefore if you wanna do some shopping for your next big fat event then you should check out Pondy Bazaar.
5. New Market, Kolkata
The New Market in Kolkata is the most favorite destination of people belonging to Eastern India. One can get everything, including clothes and fashion jewellery, at significantly low prices. There are stores like Sreehari Jewellers that sell beautiful imitation jewellery at an affordable price. They have everything starting from earrings, gold-plated bangles to necklaces, and costume jewellery.
6. Commercial Street, Bangalore
If you are looking for the best imitation jewellery shops in Bangalore, you will find them in Commercial Street. Commercial Street is one of the top locations of imitation jewellery markets in India. If you are looking for an imitation jewellery shop to complete your jewellery shopping then Commercial Street, Bangalore has some of the best imitation jewellery shops.
Apart from imitation jewellery even if you are looking for precious jewellery then Commercial street has some of the best jewellers who deal with gold and silver. Some of the best imitation jewellery dealers of Commercial streets include Sthri Elite, Zeba Fashion Jewellery, SS collection, etc. You can get everything from nose pins, earrings, necklace sets to rings and bracelets.
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7. Sarojini Nagar, Delhi
This is the most popular market for street shopping that is not only loved by Delhi girls but also girls from all over India. Famous for its insanely low prices Sarojini Nagar is famous for everything starting from clothes to jewellery.
Talking about jewellery, Sarojini Nagar offers you every kind of imitation jewellery you will ever need. Whether it is a big fat wedding or for a party, you will find every type of junk and imitation jewellery in Sarojini Nagar. The market remains closed only on Mondays. The market is open from 11 am to 7.30 pm.
8. Kanhaijewels.com
If buying imitation jewellery from physical markets is not what you want, then worry not websites like Kanhai.com come to the rescue. If it is a hectic task for you to travel long distances to buy, then buying imitation jewellery online is the best as it will save time and cost of travel as well.
Kanhai Jewels are the best imitation jewellery online market which has the latest imitation jewellery designs available for wholesale. Located in Mumbai, Kanhai Jewels offers various types of imitation jewellery such as Nose pins, earrings, bangles, and necklace sets. They also offer Indo western, antique earrings, antique necklace sets, etc.
9. Mirraw.com
Mirraw.com is another online shopping market for imitation jewellery. Imitation jewellery such as gold plated mangal sutra, chains, bangles, earrings, etc., are available at low prices.
Mirraw.com is best for personal shopping if you want to buy jewellery in bulk for functions, wedding parties, receptions, etc. They have a huge collection of imitation jewellery which includes kundan, temple, south Indian jewellery, etc.
10. Anuradhaartjewellery.com
Another amazing imitation jewellery online market is anuradhaartjewellery.com, where the pieces of jewellery are classified into various categories. These categories include different types of imitation jewellery such as Maharashtrian jewellery, temple jewellery, and Navratri jewellery.
The different types of jewellery comprise flower jewellery, chains, anklets, pendant sets, etc.
Anuradha Art Jewellery, Nashik is one of the best online markets for imitation jewellery shopping at an affordable rate.
Also Read:
Jewellery Shops In Ahmedabad
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Jewellery Shops In Coimbatore
Jewellery Shops In Delhi
Jewellery Shops In Hyderabad
Jewellery Shops In Jaipur
Jewellery Shops In Kolkata
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FAQs
Q. What is the location of Begum Bazaar, and which are the best stores to buy imitation jewellery in bulk in Begum Bazaar?
Ans. Begum Bazaar is located half a kilometer from the 'Naya pul' bridge in Hyderabad. It is the biggest commercial market in Hyderabad and Kushal's fashion jewellery, Sri Nagneshi Imitation jewellery, Laxmi Sri Collections are some of the best stores to buy imitation jewellery.
Q. Where is Kanhai jewels located, and how can I order the latest imitation jewellery in bulk?
Ans. Kanhai jewels is located in Mangaldas Market, opposite Jumma Masjid, Mumbai. You can either visit the store at the above address or you can visit the website where they have mentioned contact numbers if you want to order imitation jewellery in bulk.
Q. Where should I search for imitation jewellery in Sarojini Nagar?
Ans. If you are looking for imitation jewellery at Sarojini Nagar then you should visit stores like Beauty Hut, Kamal jewellers, sparkling10, etc.
Q. Can we get precious stone and semi-precious stone jewellery in Commercial street, Bangalore?
Ans. Commercial Street, Bangalore, is famous for both precious and imitation jewellery. But if you want some statement pieces which are adorned with semi-precious stones then you are at the right place. The commercial street has jewellery stores that deal with all statement pieces and ornaments adorned with semi-precious stones like amethyst, aquamarine, etc.
Zaveri Bazar is the biggest wholesale market of imitation jewellery in India. Located in South Mumbai, this market is famous for its gold and silver ornaments and has been there since the 1800s.
Hailed as one of the biggest imitation jewellery hubs in India, Rajkot houses over 1,000 wholesalers, who get these artificial jewellery made by local artisans.
Imitation Jewelry Market size was valued at US$ 15.67 Bn. in 2021. Imitation Jewelry will encourage a great deal of transformation in Fashion and Jewellery Industry. ... Report Payment.
The current market size of imitation jewellery in India is pegged around Rs.8000 crore, out of which online retail contributes 2% (approx Rs 150-180 crore).
Imitation jewellery is designed just like precious gold jewellery, but they usually have gold or silver plating. ... Best Imitation Jewellery Markets of India [Artificial Jewellery Shopping]
Here's a list of India jewelry manufacturers. Many are found in Jaipur, Rajasthan, but they can be found all around the country. ... List of India jewelry manufacturers
Tanishq is known as India's most trusted jewellery brand. The company has 150+ retail outlets across the country. The company is the pioneer of diamond, gold and platinum jewellery to a large extent widely.
The area is also known for the Bhuleshwar Market for fruit and vegetable and is surrounded a number of old markets, like the Crawford Market for fruits and vegetables, Mangaldas Market for silk and cloth, Zaveri Bazaar, the famous jewellery and diamond market and Chor Bazaar, a noted market for antiques and furniture.
According to reports, India's artificial or imitation jewellery business is one of the largest in the world and contributes GDP at 5.9 per cent in the Indian economy. It is estimated to grow by leaps and bounds in the years to come and therefore it is a profitable business in case you are thinking of investing.
Usually, the jewelry market exists mainly for young individuals. However, the market is unpredictable, and the trends for the past three decades have been different. The age group at which people buy jewelry varies from country to country.
They adopted digitalization through a multichannel approach. According to a recent report, the Indian Online Jewellery market is projected to grow to $3.7 Billion by 2025, at a CAGR of 28%.
Which means that this is also a high profit-margin business. The online jewellery market in India is projected to be worth USD 2 billion (nearly INR 15,000 crore) by 2022. The annual sales of imitation jewellery online in India are worth around INR 150 to 180 crore.
The word imitation jewellery refers to any jewellery, which are worn as a replacement to Gold, and other costly jewellery. They are cheaper in prices and easy to manufacture. They look like original jewellery.
However, while many people look at gold as a safe-haven investment, gold jewelry remains a very important part of several cultures, often for reasons tied to its value as an investment. ... Gold Jewelry Consumption Q4 2019.
Italy. Italy was regarded as the world's largest manufacturer and exporter of crafted fine jewelry for many years. Superior design and manufacturing have naturally been associated with products – including jewelry – that are “Made in Italy”.
Italy is by far the most popular destination for studying jewelry design abroad, and for good reasons. The country's history is rooted in art and metalwork, and many schools have specific degree programs that focus on jewelry design rather than just one or two courses.
In simple words, one gram jewellery is not real gold but comes with one gram coating of this precious yellow metal. It's imitation jewellery that is gaining a lot of popularity these days in India. You can easily spot Indian women attending weddings and other events wearing stylishly designed one gram jewellery.
One of the oldest markets in Delhi, Chandni Chowk is a mecca for bridal shopping because here you will find everything to complete your dream wedding look. It has always been a one stop destination for bridal shopping in Delhi. Therefore, our first choice for artificial bridal jewelry shopping is Chandni Chowk.
Artificial jewellery is made of metals that are cheap and can be easily moulded into various shapes. Traditionally, the commonest metal used to make artificial jewellery is a white metal called nickel. Lead, copper, cadmium and brass are also being used.
Identifying trade shows, attending jewelry networking events and fairs held by jewelers' associations is a great way to start. It is a great opportunity to network and locate many manufacturing companies at one place. You should not hesitate to ask any questions or concerns you may have about their capabilities.
Kalyan Jewellers' chairman and managing director T S Kalayanaraman, is the wealthiest jeweller in India with a personal fortune of U.S. $1.3 billion, says Wealth-X report.
Mangaldas Market is in South Mumbai. It is one of the oldest markets. It consists of small lanes inside a compound. The main business here is textile fabrics.
Crawford Market (old name), new new name Jotiba Phule Market is located in the heart of South Mumbai. It is the main market of Mumbai,where you get everything like vegetables, fruits,fish mutton.
Profit margin in Artificial Jewellery Business in India. You can earn a minimum of 15 to 20% profits in this business at the initial stages later it increases to 40-45% based on the models and the pretty jewelry designs.
Which country spends the most on jewelry? With an expenditure of USD 111.5 billion, China buys, produces, and consumes the most jewelry. The United States valued at $61.8 billion, is the second biggest jewelry market in the world, while India is the third-largest jewelry market with $40.5 billion.
The value of this market was over three trillion rupees in 2016 and estimated to nearly double by 2021. Gold, silver, and gems including diamonds are used across the country to create different types of jewelry. ...
According to reports, India's artificial or imitation jewellery business is one of the largest in the world and contributes GDP at 5.9 per cent in the Indian economy. It is estimated to grow by leaps and bounds in the years to come and therefore it is a profitable business in case you are thinking of investing.
They adopted digitalization through a multichannel approach. According to a recent report, the Indian Online Jewellery market is projected to grow to $3.7 Billion by 2025, at a CAGR of 28%.
The area is also known for the Bhuleshwar Market for fruit and vegetable and is surrounded a number of old markets, like the Crawford Market for fruits and vegetables, Mangaldas Market for silk and cloth, Zaveri Bazaar, the famous jewellery and diamond market and Chor Bazaar, a noted market for antiques and furniture.
Profit margin in Artificial Jewellery Business in India. You can earn a minimum of 15 to 20% profits in this business at the initial stages later it increases to 40-45% based on the models and the pretty jewelry designs.
Which means that this is also a high profit-margin business. The online jewellery market in India is projected to be worth USD 2 billion (nearly INR 15,000 crore) by 2022. The annual sales of imitation jewellery online in India are worth around INR 150 to 180 crore.
The value of this market was over three trillion rupees in 2016 and estimated to nearly double by 2021. Gold, silver, and gems including diamonds are used across the country to create different types of jewelry. ...
Mangaldas Market is in South Mumbai. It is one of the oldest markets. It consists of small lanes inside a compound. The main business here is textile fabrics.
Crawford Market (old name), new new name Jotiba Phule Market is located in the heart of South Mumbai. It is the main market of Mumbai,where you get everything like vegetables, fruits,fish mutton.
Introduction: My name is Merrill Bechtelar CPA, I am a clean, agreeable, glorious, magnificent, witty, enchanting, comfortable person who loves writing and wants to share my knowledge and understanding with you.
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