KOLKATA: The organised jewellers will enjoy 35% -40% of the domestic gold market by 2020 says a World Gold Council report - India's gold market: evolution and innovation - released on Tuesday. The report says that as s India changes, so too does its gold industry. In 2000, around 90% of India’s gold retailers were “unorganised.” The industry was dominated by small, standalone retailers, often family jewellers, with limited marketing and advertising. Today, unorganised retailers still dominate the market, but organised retailers have taken greater market share. And the orders from overseas and domestic organised retailers are often large; manufacturers need to be a certain size to be able to process these orders.

Source: Economic Times January 24, 2017 07:50 UTC