Indian Institute of Gems & Jewellery Lab has introduced origin determination reports for Paraiba tourmalines, expanding its coloured gemstone certification services amid growing demand for provenance verification and standardized gemstone nomenclature.

India’s diamond jewellery market reached Rs 497 billion in 2025, capturing 12% global demand, driven by Gen Z and self-purchasing women, with projections of Rs 1,50,000 crore by 2030.

India’s gem and jewellery exports totalled $27.72 billion in FY2025–26, reflecting a structural shift towards diversified markets and value-added segments amid global uncertainties and declining dependence on the US market.

Shivam Jewels, a Surat-based diamond manufacturer, has been appointed a De Beers DTC Sightholder in March 2026, marking a rare addition to the list and strengthening India’s presence in primary rough supply.

Angara has partnered with celebrity stylist Lee Harris to launch a 76-piece colour-driven fine jewellery collection, highlighting rising demand for gemstone-led, stackable designs and accessible luxury across global markets.

India’s gem and jewellery exports increased 3.86% year-on-year to $ 2,680.79 million in February 2026, according to GJEPC, supported by growth in silver and platinum jewellery shipments.

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.

Despite a sharp contraction in shipments to the United States, India’s gems and jewellery exports show resilience, supported by strong growth in the UAE, Hong Kong and emerging global markets.

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.

Commenting on India’s 7.8% GDP growth in the first quarter of FY 2026, Kirit Bhansali, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), said the strong performance reflects the resilience of the economy and the policy direction under the leadership of Prime Minister Narendra Modi.

Malabar Gold & Diamonds, the world’s fifth-largest jewellery retailer, has inaugurated its largest and most advanced integrated jewellery manufacturing unit in Hyderabad. Spanning 3.45 lakh sq. ft. and employing over 2,750 artisans, the state-of-the-art facility significantly boosts the group’s global manufacturing capacity and reflects its long-term vision of positioning India as a hub for world-class jewellery craftsmanship

Backed by the four-decade legacy of Goldiam International Ltd., ORIGEM has entered India’s fine jewellery segment with a focus on lab-grown diamonds (LGDs). Positioned as a contemporary brand, ORIGEM seeks to reshape how Indian consumers experience solitaire jewellery, offering modern designs that emphasise ethical sourcing, accessibility, and affordability

India’s gems and jewellery sector faced a sharp setback in May 2025, with exports falling by 15.81% year-on-year. New US tariff measures and weak global demand hit key segments like cut and polished diamonds and lab-grown diamonds, even as gold jewellery showed positive growth amid geopolitical uncertainties

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