Union Budget 2026–27 makes strong push for MSMEs, signals stability and cautious optimism
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 Submits Pre-Budget Recommendations to Boost Export Competitiveness and Ease of Doing Business
The Gem & Jewellery Export Promotion Council presented key policy proposals to the Government seeking tax reforms, industry incentives, and regulatory ease to strengthen India’s leadership in diamonds, gold, coloured gemstones, and lab-grown diamonds.
India’s gem and jewellery exports record a growth of 3.66% to US$ 14.09 billion a steady recovery in the first half of FY2025–26: GJEPC
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
GJEPC Chairman presents pre-budget recommendations during a consultation meeting with the Hon'ble Finance Minister
GJEPC Chairman Shri Vipul Shah presented key recommendations for the gem & jewellery trade at today's pre-budget meeting with Union Finance Minister Smt. Nirmala Sitharaman
SEZs Rejoice: Indian Government Includes Them in Export Incentive Scheme
Commerce ministry decides to extend RoDTEP scheme benefits to SEZ units
PM Narendra Modi inaugurated Bharat Ratnam Mega Common Facility Centre (CFC) in SEEPZ Mumbai for gem & jewellery Industry
Jan 12, 2024 signifies a momentous occasion as the esteemed Prime Minister, Shri Narendra Modi inaugurated the commencement of the Bharat Ratnam Mega CFC at the SEEPZ SEZ in Mumbai in virtual mode (remotely). This momentous event is a testament to the Government's commitment to driving innovation, economic growth, and technological advancement.
World Gold Council launches Jewellery Demand and Trade Report
The report examines the demand and importance for gold jewellery in India after a shift in the consumer behavior over the years.
Piyush Goyal Launches IndAus ECTA
Commerce & Industry Minister Piyush Goyal flags-off the first consignment under India-Australia ECTA from Mumbai
GJEPC Organises Its First-Ever SEZ Gem & Jewellery Conclave in Mumbai
SEZs aim to push G&J exports from current USD 7 billion to USD 15 billion in the next three years
GJEPC asks for duty cuts in its Budget proposals to Government
Some of the major aspects of budget representation are duty cuts primarily for gold, cut and polished diamonds, precious and semi-precious gemstones
CBDT raids Jaipur-based jewellery group
Around 50 premises were searched by the department during the raids launched on November 23
Bullion exchange to solidify India’s image as gold trading hub: GJEPC
The GJEPC has been propagating the benefits of setting up a Bullion Exchange that can focus on price discovery
BVC Logistics launches Service Unit at SEEPZ-SEZ in Mumbai
BVC Service Unit offers trade vaulting and related logistics services for overseas bullion suppliers who supply gold and silver to the jewellery manufacturing units at SEEPZ-SEZ
GJEPC applauds Commerce Ministry for new SEZ Space Transfer Policy
The new policy has come on the heels of a series of meetings between the GJEPC and the Commerce & Industry Minister Piyush Goyal and the Commerce Secretary
G & J sector has huge potential in Hong Kong: GJEPC
There has been a shift in the preferences of buyers in Hong Kong as they have now become price-sensitive
