Escalating conflict in West Asia has disrupted India’s gem and jewellery trade, halting diamond shipments and logistics through Dubai and threatening exports and rough supply for the country’s $30-billion industry.

India’s gem and jewellery exports totalled $23.19 billion in April–January 2026, down 0.64% year-on-year, as US shipments fell 45%, while a new India–US trade framework restores 18% tariff access.

Following the announcement of the India-EU Free Trade Agreement, GJEPC Chairman Kirit Bhansali outlined its expected impact on exports, employment and market diversification for India’s gem and jewellery sector.

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.

GJEPC Chairman Kirit Bhansali highlights steady April–October export performance, seasonal October softness, policy-driven competitiveness, and the real context behind gold import trends, outlining a confident growth trajectory for India’s gem and jewellery sector.

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

India’s gem and jewellery sector has entered the festive season on a high note, with July exports surging 15.98% year-on-year to US$ 2.18 billion, marking a strong recovery after months of tariff-related headwinds.

In a landmark move to expand India’s gem and jewellery exports, the Gem & Jewellery Export Promotion Council (GJEPC), with support from the Ministry of Commerce & Industry, Government of India, has announced the launch of SAJEX – The Saudi Arabia Jewellery Exposition, the first-ever dedicated B2B gem and jewellery fair in the Kingdom of Saudi Arabia.

In a historic development for India’s gem and jewellery sector, the first hand-carried jewellery export was successfully executed from Mumbai’s Chhatrapati Shivaji Maharaj International Airport, directly from the premises of the Bharat Diamond Bourse

In a significant boost to India’s gem and jewellery sector, Mumbai International Airport will officially commence hand-carriage jewellery export operations from May 1, 2025. The move marks a pivotal development for exporters, especially emerging players, by allowing the personal carriage of precious cargo to global markets

In a significant step toward boosting ease of business for India’s gem and jewellery exporters, the Gem & Jewellery Export Promotion Council (GJEPC) held a key meeting with Principal Chief Commissioner of Customs, Prachi Saroop, on April 17 to advance the implementation of hand-carriage exports from Mumbai International Airport

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

IIJS Tritiya 2025, held in Bengaluru, showcased the resilience and innovation of India’s gem and jewellery industry amid global headwinds. With cautious, yet committed buyers, strategic government support — including the announcement of a proposed mega jewellery park — and a strong emphasis on craftsmanship and technology, the show reinforced India’s growing stature in global jewellery trade

The Gem and Jewellery Export Promotion Council (GJEPC) has announced its Committee of Administration (CoA) election results, across diamond, coloured gemstone, and gold jewellery panels. The newly elected members will guide policies and initiatives to strengthen India’s gem and jewellery export sector