Higher gold prices to impact volume 15-20%; diamond jewellery, making charges helping margins: Senco Gold MD

Suvankar Sen discusses the growth potential of the industry, competition concerns, and the impact of rising gold prices on consumer behavior. He emphasizes the importance of increasing the diamond stud ratio for future revenues and margins. Sen says: “In a Rs 7 – 8 lakh crore market, if you add up all the numbers of all the turnovers of the big industry players, you will see a lot of scope and a lot of room for all to keep growing”

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