Gems & jewelry Industry in India is known as a global hub. The Indian jewelry industry is world famous for its amazing craftsmanship, Cost-effectiveness and huge consumption as well. Indian industry is mainly an export-oriented industry with huge labor availability.
The industry is a major source of foreign money and provides huge numbers of total exports. It has around 6% of total GDP share. It employs millions of people in different sectors and considered a big job industry.
The major reason the earlier growth of the Indian jewelry industry was the huge availability of cheap manpower with amazing craftsmanship which was not there in other competitor’s countries. But since the last one decade, other countries had achieved huge progress in skilled manpower and this is where Indian gems & jewelry industry lacked behind.
As the Indian companies are competing with the best in the world, they are facing a shortage of skilled, trained & qualified manpower. This is the biggest question that how the Indian Gems & jewelry Industry Can compete against the global competition.
Setup More New Training Institute – With the increasing demand for skills manpower, the Gem and Jewelry Skill Council of India (GJSCI) was formed. GJSCI is the biggest training institute of the Indian Gem & Jewelry industry. The primary motive of this institute was to create an organized training and skill development setup in the jewelry industry which was not there at that time. The main purpose was to create a skilled workforce pool of new artist which can compete with high-quality global standards.
Other then this we need to set up a similar type of institutes in more numbers so that people from around the country can get the benefit for the opportunity of training with high-quality trainers. The skilled employee provides high-quality products with more efficiency and accuracy.
With these new institutes, workers can get hands-on experience on the latest machines, tools, and design tools. This will help them in creating amazing art pieces as per the global standards,
Promotional Skills – With the technological era, it is vital for any industry to market them in the best possible manner. With the newly launched digital India scheme, gems & jeweler industry has adopted more latest promotional medium in terms of digital marketing, shopping advertisement & online shopping as well.
So the Indian Gems & jeweler industry requires people who are good at promotional skills, networking skills, and analytic skills of a new market establishment. They should be aware that what is running in the market and then provide promotional content.
Certified Skilled Workers – As Indian Jewelry Market is hugely dependent on the overseas client, it is vital that the workforce should have certified skill sets from the global institutes which help in establishing the brand quality among the global competitors. When the workers become will equip with authorized certifications, they will be more confident & product more high-quality products.
With the huge workforce availability, it is the just the matter of channelizing the resources in a proper way so that Indian gems & jewelry industry can compete on the world level and continue its prominence.
