Piercing and the use of body jewelry is a practice that has a very long story. It is believed that in India it started from the time of the Mughal emperors in the 16th century. Many married hindu women wear a nose stud in the left nostril, due to the association in the Ayurvedic medicine of the nostril’s with the reproductive organs.
quoting Wiki about anklets: ” Rajasthani women wear the heaviest type of anklets, which are silver and signify tribal adherence. The women wear these as costume jewelry, but also to show their bravery as a tribe against other rival tribes. The fashion for heavy anklets is declining in India now, but is still common in rural areas.
In the eastern Indian state of Odisha, which is famous for its traditional jewelry, there are varieties of anklets known as Paunji Nupur, which are worn by women. Another variety, which covers the entire foot, is known as Padapadma. In ancient times men also wore anklets. Traditionally, only Kshatriya (Royal/Warrior caste) people can wear gold anklets, and other castes wear silver anklets.
Also men wear jewelry, for instance earrings. I did a search to understand more about it, and it seems that Designer Ana Singh said “Earrings in India have long been associated with the Rajput clan and royalty in general. If you happen to go to any one of the parties in Jaipur, you will see many Rajput men wearing a bandhgala with big earrings. Since Rajputs have been warriors, earrings make them look all the more macho and handsome, so it depends how well you are able to carry it off,” she explains.