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.

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.

The new design house is entering the category with 925 sterling silver and a design-led proposition aimed at making premium jewellery part of everyday dressing.

India’s jewellery exports increased 2.44% despite a decline in diamond shipments, reflecting differing trends across jewellery categories and continued pressure on the country’s diamond trade.

Prime Minister Narendra Modi has issued a message for IIJS Bharat Premiere 2026, highlighting the Indian gem and jewellery sector's global growth ahead of the exhibition in Mumbai this August.

The International Institute of Gemology has partnered with Polygon to connect students, alumni and Indian manufacturers with North American trade networks through industry access, content collaboration and business opportunities.

Strong response from domestic and international trade visitors has prompted GJEPC to extend Phase 1 registration for IIJS Bharat Premiere 2026 until July 10 ahead of the August exhibition.

The Gem & Jewellery Export Promotion Council has sought regulatory relief from the Reserve Bank of India, citing liquidity constraints, extended payment cycles and financing challenges affecting India’s export-oriented gem and jewellery sector.

GJEPC will host the fourth edition of IIJS Bharat - Tritiya and IGJME Bharat - Tritiya from March 21-23, 2026 in Bengaluru, bringing 1,100+ exhibitors and retailers ahead of Akshaya Tritiya.

HRD Antwerp convened 330 industry leaders, policymakers and retailers at the Indo-Belgian Diamond Forum in New Delhi, highlighting trade cooperation, transparency and the strategic partnership between India and Belgium.

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.

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.

Vicenzaoro January 2026 attracted global buyers led by the US, UK, India and Germany, reinforcing its role as a key sourcing and technology hub amid volatile metal prices and shifting international trade dynamics.

GJEPC welcomes India’s election as Kimberley Process Chair for 2026, effective January 1, following December 2025 consensus approval, reinforcing India’s role in governing global rough diamond trade.