Economic Survey flags gems and jewellery impact on trade, inflation and credit
India’s Economic Survey FY25–26 outlines how the gems and jewellery sector shaped exports, gold imports, inflation and lending, highlighting diversification gains and rising macro pressures for policymakers and industry.
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 $100 billion exports by 2047.
Aditya Birla Group enters the Indian jewellery retail market with the launch of Indriya
Aiming to become one of India's top three jewellery retailers within five years, this move marks a significant expansion of the group's consumer portfolio, leveraging over two decades of experience in the fashion retail and lifestyle industry.
GJEPC Chairman presents pre-budget recommendations during a consultation meeting with the Hon'ble Finance Minister
GJEPC Chairman Shri Vipul Shah presented key recommendations for the gem & jewellery trade at today's pre-budget meeting with Union Finance Minister Smt. Nirmala Sitharaman
Union Budget 2024-25: GJEPC’s Recommendations To the Government To Propel Gem & Jewellery Exports
GJEPC, the representative body for India's international gem and jewelry trade, has put forth numerous suggestions to the Government in anticipation of the forthcoming budget
India is set to import 140 metric tons of gold from the UAE
India has taken a strategic step to promote business in its gems and jewellery industry by prioritizing the import of 140 metric tons of gold from the UAE at a reduced rate for 2023-24.
Piyush Goyal Launches IndAus ECTA
Commerce & Industry Minister Piyush Goyal flags-off the first consignment under India-Australia ECTA from Mumbai
India Australia ECTA Underway
Duties on 100 percent tariff lines to be eliminated by Australia under the landmark Ind-Aus ECTA says Piyush Goyal
IBJA & GJC to Launch ‘Gold Craft’ - A One-Stop Destination & Holistic Ecosystem for the G&J Industry at Navi Mumbai
Gold Craft will be an integrated gems, gold and jewellery manufacturing park with exclusive features
India’s Gems And Jewellery Exports Grew by 2.62 % y-o-y to US$ 3.46 Billion
Ministry of Commerce reveals India’s total merchandise exports rose by 30.70 %
G&J sector at forefront of exports between Feb 1 and Feb 21
The country's merchandise exports rose by 26.4 per cent to USD 25.33 billion this month till February 21
Jan gold imports 40.5% lower than the same month in 2021
Experts say the surge in gold imports in 2021 was driven by the pent-up demand of 2020 -- they are expected to moderate to $30-$35 billion in this calendar year.
Aided by G&J sector, India’s exports grew 25% Y-o-Y in Jan
Gems and jewellery exports were at $3.2 billion, 13.6% higher than the corresponding period last year
Gems & Jewellery exports total $3.2 bn in January
According to official data, the gems and jewellery sector was the third-highest export performer
