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

Silver jewellery is witnessing unprecedented global demand, signalling a pivotal moment for manufacturers in India to scale production, and strengthen their foothold in international markets

The Gem & Jewellery Export Promotion Council (GJEPC) is optimistic about a recovery in diamond exports despite recent declines

This initiative addresses exporters’ needs for round-the-clock access, particularly benefiting jewellers striving to meet stringent international shipping deadlines and global demand

Surat's Special Economic Zone (SEZ) faced a significant setback in FY 2023-24, with diamond, gems, and jewellery exports dropping by Rs.12,765 crore compared to the previous fiscal year. This decline reflects ongoing economic challenges in major international markets such as China, the U.S., and Europe, which have impacted demand for luxury and high-value goods

India's polished diamond exports faced another setback in September, experiencing a 22.9% decline compared to the previous year, as reported by the Gem and Jewellery Export Promotion Council (GJEPC)

The Gem and Jewellery Export Promotion Council (GJEPC) welcomed Dr. S. Jaishankar, the Honorable Minister of External Affairs, for a significant discussion on India's foreign policy and its impact on the diamond and jewellery industry

Gems and jewellery exporters have hailed the Maharashtra government's move to waive stamp duty for the India Jewellery Park in Navi Mumbai, calling it a significant boost to investment and growth in the sector

GJEPC successfully hosted the 3rd edition of its Gem & Jewellery Buyer-Seller Meet (BSM) at Bharat Ratnam Mega CFC SEEPZ in Mumbai, where international buyers from across the globe explored India's diamond jewellery craftsmanship