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.

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.

Bakul Limbasiya of Bhathwari Technologies was awarded the APO National Award in New Delhi in January 2026, recognizing contributions to productivity, innovation and leadership in India’s lab-grown diamond sector.

GJEPC Kolkata began a four-day Customs Training Program on December 1 2025 at the International Air Cargo Complex to enhance appraiser expertise and improve gem and jewellery export procedures.

Despite soaring gold prices, steep tariffs and rising crime, US jewellery sales continue to climb in 2025 — driven by resilient consumer demand, strong independents and a smaller but stronger retail base.

GJEPC’s White Paper receives high-level endorsement during President Murmu’s State Visit to Botswana, advancing plans for a direct India–Botswana diamond trade route designed to strengthen MSME access, transparency and bilateral growth.

The Gemological Science International (GSI) Colored Stone Professional (CSP) Diploma programme recently took its students on an immersive journey to Sri Lanka’s renowned Rakwana Gem Deposit, offering first-hand exposure to gemstone mining, processing, and trading.

Exporters operating from the Santacruz Electronics Export Processing Zone (SEEPZ-SEZ) can now send shipments abroad via postal channels, following the launch of a Foreign Post Office (FPO) extension within the SEZ.

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.

The Reserve Bank of India’s recently updated rules on gold-backed lending have sparked concern among policymakers and financial experts, who warn that the new requirements could inadvertently cut off access to credit for millions of informal and rural borrowers.

India’s gems and jewellery sector is on the cusp of transformative growth, with a projected market value of $128 billion by 2029, according to a new report by 1Lattice titled Glimmers of Growth

India is emerging as a global powerhouse in the lab-grown diamond (LGD) industry, set to dominate a market projected to be worth $132 billion by 2029. According to RedSeer Consultants, LGDs are expected to capture 16 per cent of the global diamond market by that year, up from 12 per cent in 2024 and 9 per cent in 2019

The Government of India has announced the reintroduction of the Diamond Imprest Authorisation (DIA) Scheme, aiming to boost India’s competitiveness in the global diamond trade and support the domestic industry

The Jaipur Jewellery Show (JJS), fondly known as the December Show, returns for its 22nd edition from 20 to 23 December 2024 at the Jaipur Exhibition and Convention Centre (JECC), Sitapura. With over 1200 booths, this premier event continues to blend Jaipur’s rich heritage in gems and jewellery with contemporary trends, offering a vibrant platform for trade, innovation, and design excellence