The collaboration features Gemfields’ Zambian emeralds in contemporary high jewellery designs, alongside tanzanite, diamonds and 18K gold.

With new trade agreements opening markets, and shifting global sourcing strategies creating fresh opportunities, India’s gem and jewellery industry is entering an important phase. GJEPC Chairman Kirit Bhansali discusses India’s growing global role, emerging export opportunities, and the road ahead, with Suneeta Kaul.

Priority Jewels Limited's Rs 91.50 crore IPO opens August 28 and closes September 1, with the Mumbai-based B2B jewellery manufacturer listing on NSE and BSE on September 4.

Lalithaa Jewellery Mart will open its IPO on August 17, 2026, with a Rs 190–201 price band, seeking up to Rs 1,700 crore through a fresh issue and a promoter offer-for-sale.

Titan’s jewellery business grew 39% in Q1FY27, while buyer growth, premium products and store expansion supported the earnings outlook despite elevated gold prices and margin pressures.

PNGS Reva Diamond Jewellery reported Q1 FY27 revenue of Rs 117.97 crore and PAT of Rs 27.21 crore on July 30, driven by retail expansion, natural diamond demand and post-IPO growth initiatives.

QWEEN crafted custom natural ruby wedding rings for Aamir Khan and Gauri Spratt’s July 2026 wedding, completing the project after 256 hours of craftsmanship using a Madagascar ruby.

P N Gadgil Jewellers reported 41% year-on-year revenue growth in Q1 FY27, led by retail sales, while reaffirming plans to open around 25 stores during the fiscal year.

Jaipur-based Advit Jewels debuted on the NSE and BSE on July 1, listing above its IPO price after its Rs 165.16 crore public issue received 212.63 times subscription.

De Beers and Sotheby’s will conclude their 2026 international auction collaboration in New York with a selection of natural diamonds, following sales in Hong Kong and Geneva.

India’s gold market slowed through May and early June as higher import duties, price volatility and seasonal factors curtailed jewellery demand, while ETF outflows and imports also declined.

Solitario unveiled its Divine India Collection in Pune on June 16, introducing diamond-studded devotional creations and a bespoke idol adornment service alongside a performance by Maithili Thakur.

India’s gem and jewellery exports totalled $4.27 billion in April-May 2026, while GJEPC urged the government to address gold supply constraints and regulatory issues affecting export manufacturing.

The Department of Commerce and GJEPC organized an outreach programme in Jaipur on 9 June, encouraging jewellery exporters to utilize India’s FTAs to expand exports and access global markets.