Ahead of the Union Budget 2026–27, leading jewellery retailers, manufacturers and industry bodies outline expectations on GST, import duties, exports, digital gold regulation, working capital, and policy reforms to strengthen growth.

EBITDA margin improves sharply to 7.83% and PAT margin rises to 5.32% despite volatile gold pricing environment.

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

India’s jewellery industry is on the brink of a transformative era, driven by economic expansion, rising consumer demand, and a shift towards organized retail

The Gem & Jewellery Export Promotion Council (GJEPC), India’s premier trade body for the gem and jewellery industry, has appointed Kirit Bhansali as Chairman and Shaunak Parikh as Vice Chairman following the completion of the COA Election 2024

The Union Budget 2025-26 brings relief and strategic reforms for the jewellery sector. While the customs duty on gold remains steady at 6%, key changes include new tariff classifications for gold and silver, along with significant duty cuts on platinum findings and jewellery components

The proposed move of the Government of India to label LGDs as “synthetic” has caused a furore, with the LGD segment saying this would not only be unfair, it would greatly damage the credibility of a sector that produces and retails grown diamonds, which are identical to mined diamonds. Suneeta Kaul speaks with Vidita Kochar of Jewelbox, a prominent LGD player, to understand the ramifications of such a proposal.

GI tags have the potential to revolutionize India’s jewellery industry by preserving traditional craftsmanship, enhancing global recognition of regional products, boosting the livelihood of artisans, and promoting sustainable growth. Additionally, GI-tagged jewellery can be positioned as premium, authentic offerings carrying cultural and historical significance, which can give a leg-up to jewellery exports, says Suneeta Kaul

Prime Minister Narendra Modi recently inaugurated the Bharatmata Sarovar in Dudhala, Gujarat, a transformative water conservation initiative led by Padma Shri awardee Savji Dholakia and the Dholakia Foundation

PC Jewellers experienced a notable uptick in its stock price, rising 1.98% to reach Rs 72.06, following IndusInd Bank's acceptance of a one-time settlement (OTS) proposal aimed at resolving the company's outstanding dues

A delegation from De Beers, led by Feriel Zerouki, Senior Vice President of Provenance, Ethics, and Industry Relations, visited the GJEPC head office in Mumbai on 9th July

The Gem & Jewellery Export Promotion Council (GJEPC), in collaboration with the Embassy of India in Guatemala, has launched a pioneering hybrid Buyer-Seller Meet (BSM) to bolster India's footprint in the Central American gems and jewellery market

Despite a slight decline in net profit, the company has made a significant move by announcing a substantial dividend, emphasizing its dedication to maximizing shareholder value

The second edition of the Kamakhya Gold Outlook event, held in Mumbai on May 17, 2024, brought together leading voices in the gold market to forecast and analyze future trends. Against the backdrop of soaring gold prices in India, industry luminaries convened to provide guidance on navigating the dynamic landscape and preparing for potential challenges and opportunities