The ongoing US-Israel-Iran conflict is disrupting diamond trade flows, impacting key hubs, delaying shipments, and pressuring logistics; however, the industry is hopeful of things returning to normal once the geopolitical tensions ease, finds out Dhwani Rathod.

IIJS Bharat Tritaya 2026 concluded on a measured note, signalling a constructive recalibration. The industry is steadily transitioning from volume-led growth to a more value-driven, strategic approach, navigating global geopolitical shifts and elevated gold prices with greater clarity and intent, reports Khursheed Mistry.

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.

The objective of Gemological Science International (GSI) is not just to issue reports, but to help the trade build credibility with its customers through transparent and consistent certification, and ensure that certification, testing and education remain aligned with how the jewellery business is actually conducted on the ground, says Ramit Kapur, Managing Director, GSI, in a conversation with Dhwani Rathod.

The EU-India FTA offers a significant boost to India’s gems and jewellery industry through reduced tariffs, easier market access, and improved competitiveness in Europe. The pact is expected to accelerate exports, attract investment, strengthen manufacturing, and reinforce India’s position as a trusted global sourcing hub for premium jewellery, says Suneeta Kaul.

Union Budget 2026-27 makes a strong push for MSMEs, with a Rs 10,000-crore SME Growth Fund; besides, it enables faster payments via mandatory TReDS for CPSE purchases. Overall, the Budget emphasizes fiscal prudence, infrastructure creation, and ease of doing business. For a sector navigating global uncertainty, shifting consumer preferences, and rising compliance standards, it is stability that the enabler.

GJEPC’s MSME Department hosted a practical export-readiness Chaupal in Zaveri Bazaar, guiding first-time exporters through procedures, compliance, market demand, incentives and global opportunities, while addressing real operational challenges.

GJEPC initiates a nationwide workshop series beginning at Mumbai’s Zaveri Bazaar, offering practical guidance on export processes, compliance, and government support to help MSMEs and non-exporting members tap global jewellery markets.

DMCC unveils a record-setting 1,971kg silver bar at DPMC, partnering with Sam Precious Metals, Tokinvest and Brink’s to introduce the world’s first regulated tokenisation of a Guinness-recognised precious metal asset.

The GJEPC hails the Union Cabinet’s Export Promotion Mission as a transformative step that strengthens MSMEs, boosts global competitiveness, and accelerates India’s journey toward $ 100 billion gem and jewellery exports by 2047.

Bharat Diamond Bourse (BDB) has unveiled a cutting-edge strong room for precious cargo at the Departure area of Terminal 2, Chhatrapati Shivaji Maharaj International Airport (CSMIA), Mumbai

Bengaluru-based D2C fine jewellery brand GIVA has rolled out GIVA Go, a new express delivery service that brings same-day and next-day delivery to customers in Mumbai, Bengaluru, Hyderabad, and Delhi.

In a major step to simplify and accelerate the export of high-value shipments, the Gem & Jewellery Export Promotion Council (GJEPC), in partnership with Mumbai Customs, has inaugurated a state-of-the-art Jewellery Hand Carriage Facilitation Centre at Chhatrapati Shivaji Maharaj International Airport (CSMIA), Terminal 2

BVC, a leading logistics provider for India’s gems and jewellery sector, has successfully completed its first international hand-carry shipment of jewellery from Mumbai. The landmark move marks a new chapter in the international transport of high-value cargo, offering greater speed and security