India Gems & Jewellery Exports Stabilize Amid US Slowdown, Diversification Cushions Impact
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.
Forevermark Opens De Beers Group’s Largest Flagship Store in Mumbai
Forevermark Diamond Jewellery opened De Beers Group’s largest flagship store in Mumbai on January 8, 2026, strengthening its India retail strategy and marking the launch of the new Icon Collection.
Dassani Brothers launches Varnika diamond collection at IIJS Signature 2026
Dassani Brothers launched its Varnika diamond jewellery collection at IIJS Signature 2026 in Mumbai, marking the brand’s entry into contemporary design-led diamond offerings while expanding its product portfolio for retailers.
BIS Notifies Diamond Disclosure Standard IS 19469:2025
BIS has notified IS 19469:2025 in Mumbai, adopting the ISO diamond disclosure norms, following the GJEPC initiative, to strengthen consumer transparency as India’s diamond jewellery demand expands nationwide.
BIS Makes Silver Jewellery Hallmarking Mandatory from September; Gold Regulations Expanded
The Bureau of Indian Standards (BIS) has announced that hallmarking of silver jewellery will become mandatory starting September 1, marking a significant expansion of quality controls in India's precious metals market.
Overseas manufacturing, supply chain adjustments to counter tariff hike: GJEPC
The Gem & Jewellery Export Promotion Council (GJEPC) met on Friday to address the sharp rise in US tariffs on Indian jewellery, which now stand at 25%–32%, threatening the export segment. Discussions covered the scale of the impact, the need to explore legal and operational intricacies, and long-term strategies to protect the sector.
India’s Garment and Jewellery Exports Face Setback as U.S. Imposes 25% Tariff
India’s apparel and jewellery exporters are preparing for a potential decline in U.S. orders following the imposition of a 25% tariff on Indian imports by the United States, which takes effect today.
Gold Crosses Rs. 1 Lakh Mark per 10 Grams, But Jewellers Worry Over Slow Festive Demand
Gold prices in India surged past Rs. 1 lakh per 10 grams this week, raising concerns among jewellers just ahead of the crucial Raksha Bandhan and Diwali season
India’s Gems & Jewellery Exports Fall 15.81% in May Amid US Tariff Impact: GJEPC
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
Mumbai Airport to Launch Hand-Carry Jewellery Export Facility from May 1
In a significant boost to India’s gem and jewellery sector, Mumbai International Airport will officially commence hand-carriage jewellery export operations from May 1, 2025. The move marks a pivotal development for exporters, especially emerging players, by allowing the personal carriage of precious cargo to global markets
India’s Gems & Jewellery Sector Set to Reach $128 Billion by 2029, Finds 1Lattice Report
India’s gems and jewellery sector is on the cusp of transformative growth, with a projected market value of $128 billion by 2029, according to a new report by 1Lattice titled Glimmers of Growth
GJS 2025 -- A Grand Stage for Business, Networking, and Aspirations
Ahead of Akshaya Tritiya, the seventh edition of GJS showcased a vibrant mix of lightweight innovative, modular bridal jewellery, with event highlighting a renewed interest in silver. While some exhibitors saw high engagement, others noted a more cautious buying environment shaped by soaring gold prices
GJEPC Urges Government Action Against Proposed US Reciprocal Tariffs
The Indian gems and jewellery industry is facing a potential challenge as the United States considers imposing reciprocal tariffs. In response, key industry leaders have engaged with government officials to discuss the implications and seek intervention to protect India’s export interests
Augmont Expands SPOT Gold Trading Platform with Lab-Grown Diamond Integration for Global Markets
Trading of Lab-Grown Diamonds through SPOT 2.0 Platform Enables Buyers and Sellers to Trade with Transparency and Confidence
World Gold Council Urges Government to Maintain Gold Import Duty in Budget 2025
The World Gold Council (WGC) has expressed concerns about the potential hike in gold import duties in India’s upcoming Union Budget for 2025

