India’s gem and jewellery exports to the US declined sharply in April–December 2025 amid tariff pressures, while growth in UAE, Hong Kong and FTA markets kept overall exports largely stable.

The India-UK CETA is going to boost exports, create new jobs in the jewellery sector, and reinforce India’s position as a global leader in jewellery craftsmanship and trade, says Kirit Bhansali, Chairman, GJEPC, in a conversation with Suneeta Kaul.

India’s gem and jewellery exports record a steady recovery in the first half of FY2025–26, witnessing a growth of 3.66% to US$14.09 billion between April and September 2025 compared to US$13.60 billion in the same period last year

The Gem & Jewellery Export Promotion Council (GJEPC) met on Friday to address the sharp rise in US tariffs on Indian jewellery, which now stand at 25%–32%, threatening the export segment. Discussions covered the scale of the impact, the need to explore legal and operational intricacies, and long-term strategies to protect the sector.

India’s gems and jewellery exports took a significant hit in June 2025, recording a 14.25% year-on-year decline amid ongoing global economic challenges and geopolitical uncertainty

India’s gems and jewellery sector faced a sharp setback in May 2025, with exports falling by 15.81% year-on-year. New US tariff measures and weak global demand hit key segments like cut and polished diamonds and lab-grown diamonds, even as gold jewellery showed positive growth amid geopolitical uncertainties

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

The Gem & Jewellery Export Promotion Council (GJEPC) is optimistic about a recovery in diamond exports despite recent declines

India's gem and jewellery exports took a significant hit in July 2023, plunging 21.93% to USD 1,665.4 million (Rs 13,922.03 crore) compared to the same period last year

India's gem and jewellery sector experienced contrasting outcomes in May, with overall exports declining by 6% to $2.48 billion (Rs.20,713 crore) compared to the previous year. At the same time, a notable increase in gold jewellery exports was seen which rose by 13% to $660 million

India's jewellery sector continues to dazzle on the global stage, as evidenced by the latest export performance data for April to May 2024

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

India will target gold jewellery exports of USD 25 billion by 2030: Vipul Shah, Chairman, GJEPC, at the India Gold & Jewellery Summit

The facility aims to be a one-stop destination for international buyers to source Indian jewellery.