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 reacts to India-EU Free Trade Agreement
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.
GJEPC seeks duty-free access for Indian jewellery in India-EU FTA
Ahead of the 27 January 2026 India-EU Summit in New Delhi, GJEPC has urged the Government of India to secure duty-free EU access for jewellery to expand exports and double bilateral trade.
Jewellery industry flags tax, duty and regulatory priorities ahead of Budget 2026
Ahead of the Union Budget 2026–27, leading jewellery retailers, manufacturers and industry bodies outline expectations on GST, import duties, exports, digital gold regulation, working capital, and policy reforms to strengthen growth.
GJEPC Submits Pre-Budget Policy Proposals to Finance Ministry
GJEPC submitted pre-Budget recommendations to the Finance Ministry in Mumbai on January 14, 2026, seeking duty rationalization, tax reforms and SEZ flexibility to support exports amid global trade pressures.
GJSCI Partners with APSSDC to Boost Jewellery Sector Skills Through STT, Upskilling & RPL Programmes
The Gem & Jewellery Skill Council of India and APSSDC have formalized a partnership to roll out structured training, upskilling and RPL initiatives across Andhra Pradesh, strengthening workforce capabilities and enhancing employment opportunities in key jewellery clusters.
GJEPC Welcomes Export Promotion Mission as Catalyst for USD 100 Billion Gem & Jewellery Export Vision
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.
GJEPC Presents $100 Billion Export Roadmap for India’s Gem & Jewellery Sector to Prime Minister Narendra Modi
GJEPC Chairman Kirit Bhansali, addressing Prime Minister Modi’s select industry meet, outlined a roadmap to make India the global hub for gems and jewellery with $100 billion exports by 2047.
Bharat Diamond Bourse Marks 41 Years of Excellence & 15 Years of Operations of BDB Complex
Bharat Diamond Bourse Marks 41 Years of Excellence & 15 Years of Operations of BDB Complex with the Release of customized My Stamp by Department of Posts, Government of India
Maharashtra Unveils India’s First Gem & Jewellery Policy 2025 GJEPC Hails Milestone Move
The landmark policy aims to attract Rs.1 lakh crore in investments and generate over 5 lakh new jobs, positioning Maharashtra as a global hub for jewellery manufacturing, exports, and design.
GJEPC Appeals to Finance Minister for Urgent Relief Amid U.S. Tariff Impact on Gem & Jewellery Sector
The Gem & Jewellery Export Promotion Council (GJEPC) has appealed to Finance Minister Nirmala Sitharaman for urgent relief measures to help the Indian gem and jewellery industry withstand the financial strain caused by the recent 50% tariff imposed by the United States, which threatens exports, jobs, and sector competitiveness.
Trump Tariff Troubles: GoI should allow reverse job work from SEEPZ, says Kirit Bhansali, Chairman, GJEPC
With the steep Trump tariffs now having come into play, the cutting, polishing, manufacturing and export hubs of India are facing severe problems, with joblessness and unit-closure a distinct possibility. The silver lining is that the GJEPC is hopeful of a solution, particularly in view of the advocacy efforts of its US counterparts, who are also working hard to impress upon the Trump administration that the high tariffs will have a deleterious effect on the US jewellery industry as well. In a free-wheeling conversation with Suneeta Kaul, Kirit Bhansali, Chairman, GJEPC, talks about the impact of the tariffs, the steps being taken to bring about some relief to the industry, its expectation from the government, and more.
Gold Prices Face Near-Term Pressure but Outlook Remains Bullish, Say Analysts
Gold prices declined to their lowest levels in over a week on Wednesday, weighed down by a stronger U.S. dollar and rising Treasury yields
Verma Jewellers Hosts Exhibition in Shimla Amid Industry Headwinds
In the backdrop of an increasingly strained jewellery sector, Verma Jewellers held a jewellery exhibition in Shimla from April 26 to 30 to mark the occasion of Akshaya Tritiya
Gold Prices Surge as Trump’s Tariff Plans Fuel Safe-Haven Demand
Gold prices climbed further on Wednesday, edging closer to record highs, as investors sought safety following U.S. President Donald Trump’s announcement of sweeping tariff measures. The move, which escalates ongoing trade tensions, drove strong inflows into the precious metal

