The stone jewellery industry is a vibrant sector within the broader gems and jewellery market, encompassing the creation of ornaments adorned with natural and synthetic stones. It includes a wide range of products such as rings, necklaces, pendants, earrings, bangles, and customized jewellery pieces. Handcrafted stone jewellery continues to be valued for its uniqueness and cultural significance, while machine crafted pieces enable mass production for global markets. Demand is driven by factors such as fashion consciousness, gifting culture, weddings, festivals, and rising disposable incomes.

Globally, the stone jewellery industry has strong export potential, with India, Thailand, Italy, and China being major players. Challenges include fluctuating raw material prices, competition from imitation jewellery, and the need for quality assurance. However, growing consumer preference for personalized, sustainable, and ethically sourced jewellery is opening new opportunities. With increasing adoption of ecommerce, branding, and innovative designs, the stone jewellery industry is expected to expand steadily in the coming years.