New Delhi, Sept. 30 -- Organized players in the Indian gold jewellery industry are expected to grow faster than the overall industry and capture a 45 per cent market share by FY30, according to a report by Nomura.

The report highlighted that the Indian jewellery market has seen significant expansion over the last few years. It grew from USD48 billion in FY18 to USD90 billion in FY25, reflecting a compound annual growth rate (CAGR) of 9 per cent. Looking ahead, the market is projected to expand further to USD150 billion by FY33E.

It stated "Over FY18-25, the organized players grew 1.5x faster than the industry at a 14 per cent CAGR, with their share rising from 30 per cent in FY18 to 40 per cent in FY24; this is expected to reach 45 per ...