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.

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.

IIJS Tritiya 2025, held in Bengaluru, showcased the resilience and innovation of India’s gem and jewellery industry amid global headwinds. With cautious, yet committed buyers, strategic government support — including the announcement of a proposed mega jewellery park — and a strong emphasis on craftsmanship and technology, the show reinforced India’s growing stature in global jewellery trade

IIJS Tritiya took off on a grand note in Bangalore, with the show witnessing a significant increase in participation. As many as 500 new companies are joining the event, and over 15,000 retailers are expected from 500 cities across India

India’s gold imports are set to drop by a staggering 85% in February compared to the same month last year, hitting their lowest level in two decades, according to a report by Reuters

The Bengal Global Business Summit 2025 brought attention to the promising future of India's gems and jewellery sector. Industry expert Sabyasachi Ray highlighted West Bengal's potential to become a key player in this dynamic industry

IIJS Signature 2025, hosted by GJEPC in Mumbai, has emerged as a landmark event in the jewellery industry, drawing over 25,000 trade visitors from 800+ Indian cities and 60 countries, with more than 1,500 exhibitors and 3,000 stalls. The event, which opened its doors in Mumbai today, underscores India's rising prominence in the global jewellery market, blending craftsmanship with cutting-edge technology and international collaborations

Indian exporters are urging the government to allocate Rs 750 crore over three years to capitalise on a $25 billion export potential in the US, as evolving trade dynamics create new opportunities

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

India's Commerce Ministry is planning to establish a task force for the gem and jewellery industry to tackle ongoing challenges, including weak demand in key markets and supply disruptions

The Kashmir Chamber of Commerce & Industry (KCCI) has taken a significant step toward boosting the Valley's gem and jewellery exports. In collaboration with industry bodies, KCCI organized an outreach program in Srinagar to educate local merchants on entering the global market, marking a pivotal moment for the region's jewellery sector

Bollywood star Kareena Kapoor added glamour to the 40th edition of the India International Jewellery Show (IIJS) 2024, organized by The Gem & Jewellery Export Promotion Council (GJEPC) in Mumbai

The Indian government is expected to increase the Goods and Services Tax (GST) rate on gold and silver from 3% to 5%. This anticipated hike follows recent reductions in the basic customs duty, as outlined in the latest Budget

India will target gold jewellery exports of USD 25 billion by 2030: Vipul Shah, Chairman, GJEPC, at the India Gold & Jewellery Summit