TSIC Activity

32112

Manufacture of goldsmiths' articles of precious stones and metals

ประกอบกิจการ ผลิต จำหน่าย เครื่องเงิน เครื่องสลักเงิน เครื่องสลักเงินร่วมสมัย เครื่องประดับ เครื่องตกแต่ง รวมทั้งผลิตภัณฑ์และสินค้าที่ทำจาการสลักเครื่องเงิน เช่น กระเป๋าติดอะไหล่เงิน กำไร ข้อมือ ผ้าทอ

What this activity covers

This activity involves manufacturing articles from precious metals and stones, including jewellery and decorative items.

  • Jewellery production — Design and manufacture of jewellery and accessories
  • Silverware manufacturing — Production of silverware and related items
  • Gemstone articles — Manufacture of items from gemstones
  • Coin minting — Production of coins and medals
  • Technical appliances — Manufacture of laboratory appliances from precious metals
  • Engraving services — Engraving personal products from metals

Not included here

  • Manufacture of watch straps not made of metal (e.g. fabric, leather, plastic) - see activity 15121
  • Manufacture of metal-based articles plated with precious metal (except artificial gemstones), see sub-category 25.
  • Watch dial production. View activities 26521
  • Manufacture of watch straps not made of precious metals See activity 32120

Foreign ownership

List 2: Restricted, Cabinet routeinherited from 321

Production of goldware, silverware, nielloware, bronzeware or lacquerware

The mapped TSIC group covers jewellery and related articles generally.

FBA B.E. 2542, List 2, Chapter 2 (7)Routes: Cabinet permission, US Treaty of Amity

Auto-mapped, verify against the Act. These TSIC mappings are indicative, not legal advice; the schedules of the Foreign Business Act B.E. 2542 are the authority. See the full foreign ownership reference.

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

42
active companies operate here
฿561.3Mregistered capital, combined
฿476.2M
Sector revenue · 2025
+174% since 2023
฿-21910969
Net profit · 2025
17 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
57%of new registered capital is foreign-held
฿4.1M foreign฿3.0M Thai

Based on few new registrations this year — read as a rough signal only.

New in 2026

5+100.0%

registrations, YTD

Registered capital

฿561.3M+0.7%

since year-end

Largest by revenue

Latest filed-year revenue, not a multi-year total

  1. 1Secret Gems Co., Ltd.฿230.4M
  2. 2Krisna Impex Co., Ltd.฿57.3M
  3. 3T.D.M. (Thailand) Co., Ltd.฿41.5M
  4. 4Moon Works Co., Ltd.฿35.8M
  5. 5S & P Miracle Import Co., Ltd.฿21.4M

Largest by registered capital

  1. 1T.D.M. (Thailand) Co., Ltd.Chon Buri฿250.0M
  2. 2Kisekei C Diamonds Co., Ltd.Bangkok฿152.0M
  3. 3Elex Precise Co., Ltd.Samut Sakhon฿45.0M

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

7
Registered
since 2022
7
Still active
0
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 3 in 20232026

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

Emerhub

Restricted activity? There is usually a route.

Emerhub structures foreign-owned companies around FBA restrictions: Foreign Business Licence applications, BOI promotion, and compliant shareholding structures. Talk through your case before you commit to one.

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