Union Budget 2026-27 makes a strong push for MSMEs, with a Rs 10,000-crore SME Growth Fund; besides, it enables faster payments via mandatory TReDS for CPSE purchases. Overall, the Budget emphasizes fiscal prudence, infrastructure creation, and ease of doing business. For a sector navigating global uncertainty, shifting consumer preferences, and rising compliance standards, it is stability that the enabler.

In spite of an 8.76% dip in cut and polished diamond exports during April-November 2025, GJEPC remains optimistic about India’s export performance in 2026. The Council is looking forward to the BTA with the US, and should that take longer than expected, it will take all necessary measures in coordination with the government and stakeholders to support exports, and ensure continued growth, says Sabyasachi Ray, Executive Director, GJEPC, in a conversation with Suneeta Kaul.

With over 1,000 global leaders in attendance, DMCC launches FinX — an integrated ecosystem connecting commodities, capital markets and fintech — reinforcing Dubai’s growing influence in physical and digital precious metals trade.

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.

The M3M Hurun India Rich List 2025 captures how jewellers continue to illuminate the nation’s economy and imagination

The landmark policy aims to attract Rs.1 lakh crore in investments and generate over 5 lakh new jobs, positioning Maharashtra as a global hub for jewellery manufacturing, exports, and design.

With the steep Trump tariffs now having come into play, the cutting, polishing, manufacturing and export hubs of India are facing severe problems, with joblessness and unit-closure a distinct possibility. The silver lining is that the GJEPC is hopeful of a solution, particularly in view of the advocacy efforts of its US counterparts, who are also working hard to impress upon the Trump administration that the high tariffs will have a deleterious effect on the US jewellery industry as well. In a free-wheeling conversation with Suneeta Kaul, Kirit Bhansali, Chairman, GJEPC, talks about the impact of the tariffs, the steps being taken to bring about some relief to the industry, its expectation from the government, and more.

Commenting on India’s 7.8% GDP growth in the first quarter of FY 2026, Kirit Bhansali, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), said the strong performance reflects the resilience of the economy and the policy direction under the leadership of Prime Minister Narendra Modi.

The Bharat Diamond Bourse (BDB), one of the world’s largest diamond hubs, commemorated India’s 79th Independence Day with a grand ceremony that blended patriotic fervour, cultural pride, and community solidarity.

In a landmark move to expand India’s gem and jewellery exports, the Gem & Jewellery Export Promotion Council (GJEPC), with support from the Ministry of Commerce & Industry, Government of India, has announced the launch of SAJEX – The Saudi Arabia Jewellery Exposition, the first-ever dedicated B2B gem and jewellery fair in the Kingdom of Saudi Arabia.

Minister Aditi Tatkare Inaugurates Event Showcasing Innovation, Legacy and Youth-Driven Growth

At SPIEF, industry leaders pitch India as both a manufacturing and consumption powerhouse

India’s gems and jewellery industry is on a strong growth trajectory, with the market projected to reach USD 168.62 billion by 2030, up from USD 100.94 billion in 2024, according to a new report by TechSci Research. Anchored in cultural tradition and fuelled by rising disposable incomes, the sector continues to thrive despite global headwinds

Dr. Renisha Chainani, Head of Research at Augmont, has welcomed the Reserve Bank of India’s consecutive repo rate cuts, highlighting their potential to ease financial burdens, stimulate economic growth, and bolster confidence in gold as a trusted investment amid changing market dynamics