India Jewellery Park Mumbai Begins Construction, Targets Rs. 50,000 Crore Investment Potential
GJEPC commenced construction of India Jewellery Park Mumbai at Mahape, Navi Mumbai, on October 25, 2026. The 21.3-acre project, with an estimated investment potential of Rs. 50,000 crore and capacity to generate around one lakh direct and indirect jobs, aims to consolidate jewellery manufacturing, skilled labour and allied services in an integrated industrial hub.
India Jewellery Park Mumbai Begins Construction, Targets Rs. 50,000 Crore Investment Potential
GJEPC commenced construction of India Jewellery Park Mumbai at Mahape, Navi Mumbai, on October 25, 2026. The 21.3-acre project, with an estimated investment potential of Rs. 50,000 crore and capacity to generate around one lakh direct and indirect jobs, aims to consolidate jewellery manufacturing, skilled labour and allied services in an integrated industrial hub.
Studded Gold Jewellery Exports Rise 31.31% to USD 3.69 Billion in H1 FY27
India’s studded gold jewellery exports increased 31.31% in April–September FY27, supported by improved trade access, lower US tariffs and demand from key international markets.
India–New Zealand FTA to drive gem and jewellery exports to $ 50 million
GJEPC says India–New Zealand FTA signed on April 27, 2026 will enable zero-duty access, supporting export growth from $ 16.61 million to $ 50 million within three years.
West Asia Conflict Disrupts India’s Gem & Jewellery Trade
Escalating conflict in West Asia has disrupted India’s gem and jewellery trade, halting diamond shipments and logistics through Dubai and threatening exports and rough supply for the country’s $30-billion industry.
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.
73rd Bangkok Gems Fair to Generate Over $150 Million in Trade
DITP and GIT announced the 73rd Bangkok Gems and Jewelry Fair, to be held February 22–26, 2026 in Bangkok, with expanded exhibition space and trade value projected to exceed $ 150 million.
India–New Zealand FTA to Support Gem and Jewellery Exports
The India–New Zealand Free Trade Agreement is expected to improve price competitiveness and market access for Indian gem and jewellery exporters, with tariff benefits supporting higher exports to New Zealand.
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.
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.
Gems & Jewellery Exports Slip 14.25% in June Amid Global Uncertainty
India’s gems and jewellery exports took a significant hit in June 2025, recording a 14.25% year-on-year decline amid ongoing global economic challenges and geopolitical uncertainty
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
India Executes First-Ever Hand-Carried Jewellery Export from Mumbai Airport
In a historic development for India’s gem and jewellery sector, the first hand-carried jewellery export was successfully executed from Mumbai’s Chhatrapati Shivaji Maharaj International Airport, directly from the premises of the Bharat Diamond Bourse
GJEPC Organises Customs Training Program in Kolkata
The Gem & Jewellery Export Promotion Council (GJEPC) has initiated a comprehensive four-day Customs Training Program in Kolkata, designed to strengthen the expertise of Customs officials in handling gems and jewellery exports. This program, inaugurated by senior Customs officials, emphasizes enhancing operational efficiency and empowering officials with industry-specific knowledge
Gold Imports Dip 4% in April-July as Jewellers Await Festive Boost
India's gold imports fell by 4.23% to USD 12.64 billion from April to July 2024-25, reflecting global economic uncertainties, according to recent government data
