India’s gem and jewellery (G&J) exports dropped by 11.72% in the financial year 2024-25, sliding to $28.5 billion from $32.28 billion in the previous year

Surat's Special Economic Zone (SEZ) faced a significant setback in FY 2023-24, with diamond, gems, and jewellery exports dropping by Rs.12,765 crore compared to the previous fiscal year. This decline reflects ongoing economic challenges in major international markets such as China, the U.S., and Europe, which have impacted demand for luxury and high-value goods

The 4th edition of the International Gem & Jewellery Show (IGJS) Dubai 2024, organized by the Gem & Jewellery Export Promotion Council (GJEPC), has officially launched. With a goal to increase India’s gem and jewellery exports to the UAE by 20% in FY 2024-25, the event highlights the deepening trade relations between the two nations

India's gold imports fell by 4.23% to USD 12.64 billion from April to July 2024-25, reflecting global economic uncertainties, according to recent government data

Finance Minister Nirmala Sitharaman’s Budget has been hailed by the gems and jewellery industry, with stakeholders calling the duty cuts a long-awaited step in the right direction

Tanishq, a leading jewellery retailer under Titan Company and Tata Group, is anticipating significant developments in the upcoming budget regarding the rationalisation of duties on gold imports

In response to a significant increase in gold jewellery and parts imports, the Commerce and Industry Ministry has imposed immediate restrictions, as indicated by a recent notification from the Directorate General of Foreign Trade (DGFT)

Titan Company, a leading player in the Indian jewellery market, is gearing up for significant expansion in the fiscal year 2024-25 (FY25). With a focus on accelerating growth, the Tata Group subsidiary aims to open more than 170 new jewellery stores across various regions

Despite reporting strong footfall and robust revenue growth during the June quarter, Kalyan Jewellers saw a 3% drop in its share price

Sales Surge 76.07% to Reach Rs 50.48 Crore in turnover for the last financial year

In a remarkable achievement, exports of Plain Gold Jewellery surged by an impressive 61.72% to US$ 6792.24 million in FY 2023-24, compared to US$ 4199.96 million in FY 2022-23

Interim Union Budget 2024-25 Reaction by Vipul Shah, Chairman, GJEPC

The Budget has not addressed any of the concerns of the gem and jewellery industry, leaving the industry disappointed

The All India Gem & Jewellery Domestic Council advocates for a reduction in customs duties, presenting crucial pre-budget recommendations