Industry Overview
Jewellery is broadly defined as ornament for the body and is generally made as wearable decoration, often using high-value materials such as precious metals and gemstones. The jewellery industry, particularly in Scotland, comprises mainly micro-businesses and small-to-medium-sized enterprises (SMEs), alongside a limited number of specialist larger manufacturers. These businesses serve different market segments, ranging from small-scale individual production to medium- and high-value manufacturing and high-turnover, lower-value products for the tourist industry.
Traditional jewellery production can be regarded as a form of micro-engineering because it requires highly accurate metalworking. Silver, gold, platinum and palladium are widely used, while materials such as pewter and steel are also employed. Manufacturing techniques include sawing, soldering, lost-wax casting, stone setting, enamelling and polishing. Modern technologies such as laser sintering, laser cutting and other digital processes are increasingly becoming part of jewellery production.
Jewellery remains an important cottage-industry activity in India, where recognition of Indian workmanship by foreign buyers has supported exports of cut and polished gems. The Gem and Jewellery Export Promotion Council was established in 1966 and has supported the industry through testing laboratories and training institutions. Operating under the Union Commerce Ministry as a nonprofit service institution, the council represents about 3,000 exporters of gems and jewellery.
Cost Estimation
| Particular | Value |
|---|---|
| Plant Capacity | 150 gm./Day |
| Land & Building (10,000 sq.ft.) | Rs. 5 Cr |
| Plant & Machinery | Rs. 9 Cr |
| Working Capital for 1 Month | Rs. 2.21 Cr |
| Total Capital Investment | Rs. 16.51 Cr |
| Rate of Return | 25% |
| Break Even Point | 55% |
Content Index
- INTRODUCTION
- JEWELLERY CLUSTER IN INDIA
- REGION & CLUSTER-WISE UNITS
- REGION & CLUSTER-WISE PRODUCTS
- INDICATIVE LIST OF THE CLUSTERS NORTH
- INDICATIVE LIST OF THE CLUSTERS EAST
- INDICATIVE LIST OF THE CLUSTERS WEST
- INDICATIVE LIST OF THE CLUSTERS-SOUTH
- INDICATIVE LIST OF THE CLUSTERS GUJARAT
- INDICATIVE LIST OF THE CLUSTERS RAJASTHAN
- PROPERTIES
- USES
- TYPES OF GOLD JEWELLERY
- VARIETIES OF JEWELLERY ARE USED AS FUNCTIONAL OR TO ADORN BODY PARTS. THEY ARE:
- JEWELLERY IS CATEGORIZED INTO THESE MAIN MANUFACTURING TERMS:
- A BRIEF DESCRIPTION OF THE ABOVE MENTIONED TERMS ARE BEING GIVEN BELOW:
- A. HANDMADE
- B. CAST
- C. DIE STRUCK
- D. GOLD FILLED & ROLLED-GOLD PLATE
- E. GOLD ELECTROPLATE
- GRADE OF GOLD
- COLOR PALETTE OF GOLD/GOLD COMPOSITION
- MATERIALS USED IN GOLD JEWELLERY MAKING
- (1) DIAMONDS
- (2) GEMSTONES
- (3) PEARLS
- (4) KUNDAN
- (5) ENAMEL
- B.I.S. SPECIFICATION
- SCENARIO OF GEMS AND JEWELLERY INDUSTRY
- JEWELLERY STATISTICS WORTH KNOWING FOR 2021
- MARKET SIZE AND INVESTMENT IN GEM AND JEWELLERY
- MARKET SIZE
- SOME OF THE KEY DEVELOPMENTS IN THIS INDUSTRY ARE LISTED BELOW:
- TURNOVER AND NETWORTH OF JEWELLERS
- JEWELLERY MANUFACTURERS/EXPORTERS
- MANUFACTURING PROCESS OF JEWELLERY
- CHART SHOWING THE JEWELLERY MANUFACTURING PROCESS
- A. DESIGN MAKING
- GOLD CHAIN MAKING MACHINE
- B. MOLDING
- C. CASTING
- D. POLISHING
- EMBELLISHMENTS/ DECORATIVE PROCESSES
- CHART SHOWING THE EMBELLISHMENTS/DECORASTIVE PROCESS
- THE PROCESS OF EMBELLISHMENTS/DECORATIVE CAN BE EXPLAINED AS BELOW:
- A. FINISHING
- B. PLATING
- C. QUALITY CHECKING
- D. PACKAGING AND TRANSPORTING
- PROCESS FLOW DIAGRAM
- PRODUCTION PROCESS OF DIAMOND JEWELLERY
- BLUE PRINT DESIGNING
- RUBBER MOULDS
- WAX INJECTION
- WAX SETTLING
- DIAMOND ASSORTMENT
- MECHANICAL FINISH
- ASSEMBLY
- MANUAL SETTING
- POLISHING
- PROCESS FLOW DIAGRAM
- DETAILS OF DIAMOND CUTTING
- MANUFACTURING THE DIAMOND
- CUTTING PROCESS
- FOUR BASIC STEPS FOR DIAMOND CUTTING
- THE FOUR BASIC STEPS FOR DIAMOND CUTTING
- PLANNING
- CLEAVING OR SAWING
- BRUTING
- POLISHING
- PROCESSING STEPS FOR JEWELLERY MANUFACTURE
- CREATION OF WAX MODEL
- SELECTION OF CASTING OPTION
- CASTING
- SETTING AND POLISHING
- BASIC STEPS IN JEWELLERY MANUFACTURE
- JEWELLERY DESIGN
- WAX CARVING
- WELDING AND SOLDERING
- DIAMOND AND GEM STORE SETTING
- STEP # 1 – DESIGNING
- STEP # 2 – CAD
- STEP # 3 – RAPID PROTOTYPE
- STEP # 4 – MODEL MAKING
- STEP # 5 – RUBBER MOULD
- STEP # 6 – WAXING / WAX TREE
- STEP # 7 – CASTING
- STEP # 8 – GRINDING
- STEP # 9 – FILING / ASSEMBLY
- STEP # 10 – POLISHING
- STEP # 11 – METAL SETTING
- STEP # 12 – POLISHING
- STEP # 13 – RHODIUM PLATING
- STEP # 14 – QUALITY CONTROL
- PROCESS FLOW OF JEWELLERY MANUFACTURE
- PREVAILING PROCEDURE FOR JEWELLERY MAKING
- A. HANDMADE
- B. CAST
- C. DIE STRUCK
- D. GOLD FILLED & ROLLED-GOLD PLATE
- E. GOLD ELECTROPLATE
- GUIDE TO JEWELLERY PRODUCTION
- DESIGN
- CUTTING AND FORMING METAL
- SOLDERING
- CASTING
- STONE-SETTING
- ENAMELLING
- POLISHING
- DIGITAL TECHNOLOGIES
- PRINCIPLES OF PLANT LAYOUT
- STORAGE LAYOUT:
- EQUIPMENT LAYOUT:
- SAFETY:
- PLANT EXPANSION:
- FLOOR SPACE:
- UTILITIES SERVICING:
- BUILDING:
- MATERIAL-HANDLING EQUIPMENT:
- RAILROADS AND ROADS:
- MAJOR PROVISIONS IN ROAD PLANNING FOR MULTIPURPOSE SERVICE ARE:
- PLANT LOCATION FACTORS
- PRIMARY FACTORS
- 1. RAW-MATERIAL SUPPLY:
- 2. MARKETS:
- 3. POWER AND FUEL SUPPLY:
- 4. WATER SUPPLY:
- 5. CLIMATE:
- SPECIFIC FACTORS
- 6. TRANSPORTATION:
- A. AVAILABILITY OF VARIOUS SERVICES AND PROJECTED RATES
- 7. WASTE DISPOSAL:
- 8. LABOR:
- 9. REGULATORY LAWS:
- 10. TAXES:
- 11. SITE CHARACTERISTICS:
- 12. COMMUNITY FACTORS:
- 13. VULNERABILITY TO WARTIME ATTACK:
- 14. FLOOD AND FIRE CONTROL:
- EXPLANATION OF TERMS USED IN THE PROJECT REPORT
- 1. DEPRECIATION:
- 2. FIXED ASSETS:
- 3. WORKING CAPITAL:
- 4. BREAK-EVEN POINT:
- 5. OTHER FIXED EXPENSES:
- 6. MARGIN MONEY:
- 7. TOTAL LOAD:
- 8. LAND AREA/MAN POWER RATIO:
- PROJECT IMPLEMENTATION SCHEDULES
- INTRODUCTION
- PROJECT HANDLING
- PROJECT SCHEDULING
- PROJECT CONSTRUCTION SCHEDULE
- TIME SCHEDULE
- SUPPLIERS OF PLANT AND MACHINERY
- SUPPLIERS OF PLANT AND MACHINERY (GLOBAL)
Appendix
- APPENDIX – A:
- 01. PLANT ECONOMICS
- 02. LAND & BUILDING
- 03. PLANT AND MACHINERY
- 04. OTHER FIXED ASSESTS
- 05. FIXED CAPITAL
- 06. RAW MATERIAL
- 07. SALARY AND WAGES
- 08. UTILITIES AND OVERHEADS
- 09. TOTAL WORKING CAPITAL
- 10. TOTAL CAPITAL INVESTMENT
- 11. COST OF PRODUCTION
- 12. TURN OVER/ANNUM
- 13. BREAK EVEN POINT
- 14. RESOURCES FOR FINANCE
- 15. INSTALMENT PAYABLE IN 5 YEARS
- 16. DEPRECIATION CHART FOR 5 YEARS
- 17. PROFIT ANALYSIS FOR 5 YEARS
- 18. PROJECTED BALANCE SHEET FOR (5 YEARS)
Frequently Asked Questions
The main materials used in jewellery manufacturing include precious metals, gemstones and decorative materials. The report identifies silver, gold, platinum and palladium as the principal precious metals, while pewter and steel may also be used for particular products. Diamonds, gemstones, pearls, kundan and enamel are among the materials used for embellishment and setting. Material selection depends on the design, product category, manufacturing technique, required finish and intended market.
Jewellery manufacturing generally progresses from design and model development through forming or casting, finishing, setting and quality control. Depending on the product, the process may include design, CAD, rapid prototyping, model making, rubber mould preparation, wax injection, casting, grinding, filing, assembly, polishing, stone setting, plating and quality control. Handmade, cast and die-struck jewellery can follow different process routes, while digital technologies are increasingly integrated into design and production.
Lost-wax casting is a jewellery manufacturing method in which a wax model is used to create a mould for casting metal. A model is produced in wax and prepared for casting, after which the moulding and casting stages allow the desired metal form to be reproduced. The technique is particularly useful for producing detailed and repeatable designs. After casting, components may require grinding, filing, assembly, polishing and stone setting before the finished jewellery undergoes quality checking.
The four basic steps in diamond cutting identified in the report are planning, cleaving or sawing, bruting and polishing. Planning determines how the rough diamond should be processed to achieve the intended result. Cleaving or sawing separates the rough material, while bruting shapes the stone. Polishing then creates the required facets and surface finish. Each stage requires precision because the processing decisions influence the final appearance, proportions and usable form of the diamond.
A jewellery manufacturing plant location should be evaluated for raw-material access, markets, utilities, transport, labour and regulatory requirements. The report identifies raw-material supply, markets, power and fuel, water, climate, transportation, waste disposal, labour, regulatory laws, taxes and site characteristics as important considerations. Community factors, flood and fire control and other site-specific risks may also influence the decision. A suitable location should support efficient material movement, reliable utilities, safe operations and practical access to required services.
Digital technology supports jewellery design, prototyping and increasingly advanced manufacturing processes. The report specifically identifies CAD, rapid prototyping, laser cutting and laser-sintering among technologies associated with modern jewellery production. Digital methods can help translate designs into precise models and support the development of complex forms before physical production. Their growing availability is expected to expand their role alongside traditional techniques such as sawing, soldering, casting, setting and polishing.
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