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DW JAN - FEB 2020

The Big Story - G & J Trade Loses Momentum, Thanks to Coronavirus

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Special Feature<br />

SOUTH<br />

Brides love bling<br />

In bridal jewellery, the younger<br />

generation is more into rings, tops,<br />

pendants etc. In the south, long<br />

chains are more in demand especially in a<br />

set with choker, bangles and earrings. Hair<br />

accessories is yet another thing people<br />

like to wear in south Indian weddings<br />

and these days they like the accessory to<br />

be in diamonds instead of gold. “Earlier,<br />

the trend was to buy gold pieces, however,<br />

now the trend is changing and people<br />

are looking forward to buying diamond<br />

jewellery and incorporating one or two<br />

pieces of the same to their bridal looks.<br />

Mid-level customers prefer carat sizes<br />

from .50 to 1 ct and for people with more<br />

disposable income one cannot predict, as<br />

they could buy anything over and above 1<br />

ct ,” says Joy Alukkas of Joyalukkas.<br />

Earlier, the trend was to buy gold<br />

pieces, however, now the trend is<br />

changing and people are looking<br />

forward to buying diamond<br />

jewellery and incorporating<br />

one or two pieces of the same<br />

to their bridal looks. Mid-level<br />

customers prefer carat sizes from<br />

.50 to 1 ct and for people with<br />

more disposable income one<br />

cannot predict, as they could buy<br />

anything over and above 1 ct<br />

Joy alukkas, Joyalukkas<br />

Under 1 ct diamond rings<br />

for the win<br />

The new-age brides in<br />

the south are informed<br />

jewellery buyers. They<br />

always look for wearability, quality<br />

and above all a reflection of their<br />

individual style statement while<br />

buying jewellery. As a result, they<br />

now prefer to include diamond<br />

jewellery in their bridal ensemble.<br />

Lightweight and delicate<br />

necklaces, diamond earrings,<br />

diamond mangalsutra, diamond<br />

rings and diamond bangles are in<br />

the demand at the moment. “We<br />

have witnessed sizeable demand<br />

for diamond necklaces in the<br />

recent past, as they act as a graceful<br />

style statement on the D-Day.<br />

Engagement rings under 1 ct size<br />

are in demand at the moment. As<br />

India is a gold consuming nation,<br />

Light & Breezy<br />

the demand for gold jewellery will<br />

always be there. However, due<br />

to evolving fashion sensibilities,<br />

there is a consumer segment<br />

emerging in the country which<br />

is showing inclination towards<br />

buying diamond jewellery,” says<br />

Ahammed MP of Malabar Gold &<br />

Diamonds.<br />

We have witnessed<br />

sizeable demand for<br />

diamond necklaces in the<br />

recent past, as they act as<br />

a graceful style statement<br />

on the D-Day. Engagement<br />

rings under 1 ct size are in<br />

demand at the moment<br />

ahammed Mp, Malabar<br />

Gold & Diamonds<br />

Southern brides these days prefer smaller jewellery pieces with the<br />

rise in the price of gold. People are spending less these days so<br />

with less budget, they can afford to buy light-weight jewellery.<br />

“Earlier for weddings, consumers would come looking for heavy jewellery<br />

but nowadays they have become extremely confused in buying jewellery.<br />

They don’t spend like earlier. The average budget for a piece of diamond<br />

jewellery is 1 to 2 lakhs and with engagement rings, they prefer buying<br />

50 cent rings ,” adds Varghese Alukka of Jos Alukkas.<br />

Earlier for weddings, consumers would come looking<br />

for heavy jewellery but nowadays they don’t spend<br />

like earlier. The average budget for a piece of diamond<br />

jewellery is 1 to 2 lakhs and with engagement rings, they<br />

prefer buying 50 cent rings<br />

Varghese alukka, Jos Alukkas<br />

88 | january-february <strong>2020</strong> | DiamonD WorlD

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