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Thangamayil Jewelry News Thangamayil Jewellery Announcement, Latest News On Thangamayil Jewellery
In 2023, India witnessed a shift in client demand, as sales of low-priced items declined while luxurious items surged, marking a notable trend. Companies adapted by focusing on prosperous consumers to offset reduced gross sales and declining margins, highlighting a transparent cut up in consumer preferences in course of premium merchandise amid market challenges. The drop in consumption of plain gold jewellery has impacted the producers of plain gold jewelry from Tamil Nadu, Kolkata and Delhi. Muthu Venkatraman mentioned that the orders for plain gold jewellery have trickled down post the surge in gold costs. However, Varna gold is most…