The 52nd India Gems & Jewellery Awards brought together Hon’ble Union Home Minister Shri Amit Shah, Maharashtra Chief Minister Shri Devendra Fadnavis, Deputy Chief Minister Shri Eknath Shinde and Gujarat Deputy Chief Minister Shri Harsh Sanghavi, along with leading policymakers and industry representatives, to celebrate the achievements and growing importance of India’s gem and jewellery sector. The awards recognised excellence across the industry, with Kiran Gems Pvt Ltd winning multiple honours including Highest Turnover, Cut & Polished Diamonds (Large) and Best Innovative Marketing and Branding Campaign Overseas, while Emerald Jewel Industry India Ltd. received the Highest Taxpayer Company award. The event also highlighted GJEPC’s vision of taking India’s gem and jewellery exports to US$100 billion by 2040.
Quick Summary
- Shri Amit Shah graced the 52nd India Gems & Jewellery Awards as Chief Guest.
- Maharashtra Chief Minister Shri Devendra Fadnavis, Deputy Chief Minister Shri Eknath Shinde and Gujarat Deputy Chief Minister Shri Harsh Sanghavi also attended.
- GJEPC has set a target of US$100 billion in gem and jewellery exports by 2040.
- India’s gem and jewellery exports recorded US$27.72 billion in FY 2025–26.
- Shri Amit Shah highlighted the opportunity presented by lab-grown diamonds and the need to build the entire value chain.
- India Jewellery Park in Navi Mumbai is set to commence work on Dussehra following all approvals from the Maharashtra Government.
- The awards recognised excellence across diamonds, precious metal jewellery, silver jewellery, coloured gemstones, lab-grown diamonds and other segments.
- Shri Arvind Chhotalal Parikh received the Special Recognition Award.
- Shri Vallabhbhai Patel, Founder, Kiran Gems, received the Lifetime Achievement Award.
- The 52nd IGJA reinforced the industry’s focus on exports, value addition, innovation, employment and global competitiveness.
Landmark Gathering of National and State Leadership
In a landmark gathering that brought together the country’s political leadership and the leadership of India’s gem and jewellery industry, the Gem & Jewellery Export Promotion Council (GJEPC) hosted the prestigious 52nd India Gems & Jewellery Awards (IGJA), with Shri Amit Shah, Hon’ble Union Minister of Home Affairs and Minister of Cooperation, as the Chief Guest.
Partners Supporting the 52nd IGJA
The 52nd India Gems & Jewellery Awards was held with the support of its partners — World Gold Council as the Gold Partner, GIA as the Powered By Partner, and Vaibhav Global Limited, Kiran Gems, Ferrari Logistics, Dhanera Diamonds and Aigiri Jewels as Co-Partners.
Eminent Gathering of Leaders and Industry Stalwarts
The award ceremony brought together an eminent gathering of national and state leaders, policymakers, parliamentarians and industry stalwarts. Shri Devendra Fadnavis, Hon’ble Chief Minister of Maharashtra, Shri Eknath Shinde, Deputy Chief Minister of Maharashtra and Shri Harsh Sanghavi, Hon’ble Deputy Chief Minister of Gujarat, graced the occasion alongside Adv. Ashish Minal Babaji Shelar, Hon’ble Minister of Electronics, Information Technology and Artificial Intelligence Department, Government of Maharashtra and Shri Govind Dholakia, Member of Parliament, Rajya Sabha.
GJEPC and Industry Representatives at the Awards
GJEPC and industry representatives, including Shri Kirit Bhansali, Chairman, GJEPC; Shri Shaunak Parikh, Vice Chairman, GJEPC; Shri Anoop Mehta, President, Bharat Diamond Bourse; Shri Mansukh Kothari, Convener, Events, GJEPC, Shri Anil Virani, Convener, Audits & Finance, GJEPC and, Smt Khushboo Ranawat, Regional Chairman, Western Region, GJEPC were present.
Strategic Importance of the Gem and Jewellery Sector
The presence of such distinguished national and state leadership underscored the growing strategic importance of the gem and jewellery sector to India’s exports, manufacturing, employment and global trade ambitions.
Shri Amit Shah Highlights India’s Global Jewellery Ambition
Shri Amit Shah, Hon’ble Union Minister of Home Affairs and Minister of Cooperation said, “India has the infrastructure, capital, capability and entrepreneurs to become the world’s gems and jewellery hub. As the diamond trade evolves, the time has come to think beyond speed and focus on scale. Lab-grown diamonds present a major opportunity. India must build the entire value chain, from manufacturing and technology to jewellery, branding and retail, and develop Indian brands with a global presence. The Government of India, along with the governments of Maharashtra and Gujarat, is ready to provide the support required. I see a very bright future for this industry, and the time has come for India to emerge as a global leader in diamonds and jewellery.”
Maharashtra’s Role in the Gems and Jewellery Industry
Shri Devendra Fadnavis, Hon’ble Chief Minister of Maharashtra said, “India’s gems and jewellery industry makes a significant contribution to the country’s exports and economic growth, with Maharashtra and Mumbai playing a leading role. The ecosystem created here, particularly at Bharat Diamond Bourse, has brought together traders, artisans and employees as one large industry family. Our aim is to support this industry through the state’s policies and infrastructure. The new jewellery policy introduced in 2025 includes provisions to strengthen the sector, recognising its contribution to both the economy and employment. We are also developing a modern jewellery ecosystem in Navi Mumbai, with the potential to attract ₹1 lakh crore in investment and generate 50,000 jobs.”
Maharashtra’s Contribution to Global Gem and Jewellery Trade
Speaking on the occasion Shri Eknath Shinde, Deputy Chief Minister of Maharashtra said, “More than 50 lakh people are engaged in the sector across the country, and the industry has established India as a strong player in global trade, with Maharashtra and Mumbai accounting for more than 50% of the country’s total gem and jewellery exports. The Bharat Diamond Bourse in Mumbai is a major global centre for diamond trade. As India moves towards the vision of becoming a Viksit Bharat by 2047, the gem and jewellery industry has a very important role to play. I am confident that our industry members will continue to work hard, take the sector to greater heights and contribute even more to India’s growth story.”
GJEPC Highlights Industry Resilience and New Opportunities
Shri Kirit Bhansali, Chairman, GJEPC said, “Over the past four to five years, the gems and jewellery industry has faced significant challenges, from geopolitical tensions and tariff pressures to softer demand in key markets. Yet, the industry has responded by exploring new markets, adopting technology and increasing value addition. The resilience of India’s gems and jewellery exports is a testament to that commitment.
Government-Industry Partnership and Emerging Opportunities
The partnership between the Government and industry has been critical. Policy measures, new trade agreements and support for emerging sectors such as lab-grown diamonds are creating new opportunities and strengthening India’s position in global markets.
Focus on Design, Innovation and Value Addition
Our next chapter must focus on design, innovation and value addition, using India’s strengths in traditional craftsmanship and technology to build globally recognised brands. The upcoming India Jewellery Park in Navi Mumbai and other industry initiatives will further strengthen this ecosystem.
Industry’s Commitment to Society and Global Growth
For us, growth is about more than trade. The true strength of this industry lies in its commitment to giving back to society. As we look towards a developed India, we must work together to take Indian gems and jewellery to a larger global audience.”
Government Reforms and the Vision of Viksit Bharat
Mansukh Kothari, Convener, Events, GJEPC said, “India has taken historic strides under the visionary leadership of Hon’ble Prime Minister Shri Narendra Modi ji, strengthening the nation and inspiring confidence across the world. For the gem and jewellery industry, the Government’s progressive policies and reforms have opened new opportunities, enabling us to compete more strongly in global markets.
We remain committed to contributing to the vision of a Viksit Bharat by 2047 and taking India’s gem and jewellery sector to even greater heights.”
Celebrating Excellence Across India’s Gem and Jewellery Industry
The 52nd IGJA celebrated the extraordinary achievements, resilience and nation-building contribution of India’s gem and jewellery industry, recognising companies and individuals who have demonstrated excellence across the breadth of the sector.
India’s Gem and Jewellery Exports Show Resilience
The awards come at an important juncture for the industry. Despite continued global macroeconomic uncertainty and geopolitical turbulence, India’s gem and jewellery exports demonstrated resilience, recording US$27.72 billion in FY 2025–26, broadly maintaining the previous year’s levels through agile utilisation of FTAs, market diversification and increased value addition.
GJEPC’s US$100 Billion Export Vision
Building on this resilience, GJEPC has set an ambitious vision of taking India’s gem and jewellery exports to US$100 billion by 2040, aligned with the Hon’ble Prime Minister Shri Narendra Modi’s vision of Viksit Bharat 2047.
India’s Transformation into a Comprehensive Global Hub
The ambition reflects a broader transformation underway in the sector—from India’s traditional strength as a global manufacturing base towards becoming a comprehensive global hub for design, innovation, technology, luxury, value addition and international trade.
Celebrating Excellence Across the Industry
The 52nd India Gems & Jewellery Awards recognised excellence across the breadth of India’s gem and jewellery industry, with awards spanning business performance, exports, employment, diamond manufacturing, precious metal jewellery, silver jewellery, coloured gemstones, costume and fashion jewellery, synthetic stones, lab-grown diamonds, CSR, innovative marketing and branding, international sales, women entrepreneurship and banking support to the industry.
Recognising Individual Contribution and Leadership
The awards also recognised individual contribution, entrepreneurial excellence and industry leadership, celebrating those whose achievements have helped strengthen India’s position in the global gem and jewellery ecosystem.
Special Recognition Award
The Special Recognition Award was presented to Shri Arvind Chhotalal Parikh, Partner, Crystal Diamonds, in recognition of his more than seven decades of contribution and service to the diamond industry.
Lifetime Achievement Award
The Lifetime Achievement Award was presented to Shri Vallabhbhai Patel, Founder, Kiran Gems, recognising his remarkable entrepreneurial journey, business achievements, resilience and contribution to society and the gem and jewellery industry.
52nd IGJA Reflects India’s Growing Global Economic Ambitions
The 52nd IGJA was more than an awards evening—it was a powerful reflection of an industry that is resilient in the face of global uncertainty, ambitious in its growth aspirations and increasingly central to India’s global economic story.
Commitment to Exports, Innovation and Global Competitiveness
With national and state leadership joining the industry on one platform, the occasion reinforced the sector’s commitment to greater exports, value addition, innovation, employment generation and global competitiveness, as India moves towards its larger goal of becoming a Viksit Bharat by 2047.
Winners List
| Sr. No. | Name of the Award | Name of Winner |
|---|---|---|
| 1 | Highest Taxpayer Company | Emerald Jewel Industry India Ltd. |
| 2 | Highest Turnover | Kiran Gems Pvt Ltd |
| 3 | Highest Employment on the company rolls | Kira Diam Tech Private Limited |
| 4 | Cut & Polished Diamonds (Small) (Export Below Rs. 250 Crore) | Kumbh Gems |
| 5 | Cut & Polished Diamonds (Medium) (Exports Above Rs. 250 Crore upto Rs 1000 Crore) | Dhanera Diamonds |
| 6 | Cut & Polished Diamonds (Large) (Exports Rs. 1000 Crore & above) | Kiran Gems Pvt Ltd |
| 7 | Precious Metal Jewellery – Plain (Large) (Exports Above Rs. 250 Crore) | Hasmukh Parekh Jewellers |
| 8 | Precious Metal Jewellery – Plain (Medium) (Exports Above Rs. 100 Crore upto Rs 250 Crore) | Ashok Jewels Private Limited |
| 9 | Precious Metal Jewellery – Studded (Large) (Exports Rs. 500 Crore & above) | H.K. Designs (India) LLP |
| 10 | Precious Metal Jewellery – Studded (Medium) (Exports Above Rs. 100 Crore upto Rs 500 Crore) | Vaibhav Global Ltd |
| 11 | Precious Metal Jewellery – Plain & Studded (SME) (Export Below Rs. 100 Crore) | Cadas Gold And Diamonds |
| 12 | Silver Jewellery | Renaissance Global Limited |
| 13 | Cut & Polished Coloured Gemstones | Vaibhav Global Ltd |
| 14 | Costume/ Fashion Jewellery | Amrapali Worldwide LLP |
| 15 | Cut & Polished Synthetic Stones | RMC Gems India Limited |
| 16 | Lab Grown Diamond (Highest export) | Greenlab Diamonds LLP |
| 17 | Most Socially Responsible Company (CSR) | Vaibhav Global Ltd |
| 18 | Award for Best innovative Marketing and Branding campaign overseas | Kiran Gems Pvt Ltd |
| 19 | Highest Gems and Jewellery Sales (Importer) – USA & Canada | Kiran Gems USA INC |
| 20 | Highest Gems and Jewellery Sales (Importer) – Asia (other than India & Middle East) | Kiran Exports (Hong Kong) Limited |
| 21 | Highest Gems and Jewellery Sales (Importer) – Europe | Kiran Exports NV |
| 22 | Highest Gems and Jewellery Sales (Importer) – Middle East | Kiran Gems DMCC |
| 23 | Woman Entrepreneur of the year | Mrs. Debra Ann Nishimura |
| 24 | Best Bank Financing the Industry (Highest Growth of limit sanctioned with Minimum base of Rs 500 crore) | Induslnd Bank |
| 25 | Special Recognition Award | Mr. Arvind Chhotalal Parikh, Partner, Crystal Diamonds |
| 26 | Lifetime Achievement Award | Mr. Vallabhbhai Patel, Founder, Kiran Gems |
| 27 | Employee Awards | Alfred Cyril |
| 28 | Employee Awards | Naheed Sunke |
| 29 | Employee Awards | Prashant Bhatt |
| 30 | Employee Awards | Selvam Subbiah |
FAQs
What was the 52nd India Gems & Jewellery Awards?
The 52nd India Gems & Jewellery Awards (IGJA) was hosted by the Gem & Jewellery Export Promotion Council (GJEPC), bringing together national and state leaders, policymakers, parliamentarians and industry representatives.
Who was the Chief Guest at the 52nd India Gems & Jewellery Awards?
Shri Amit Shah, Hon’ble Union Minister of Home Affairs and Minister of Cooperation, was the Chief Guest.
What export target has GJEPC set for India’s gem and jewellery industry?
GJEPC has set an ambitious vision of taking India’s gem and jewellery exports to US$100 billion by 2040.
How much were India’s gem and jewellery exports in FY 2025–26
India’s gem and jewellery exports recorded US$27.72 billion in FY 2025–26.
What opportunity did Shri Amit Shah highlight for the industry?
Shri Amit Shah highlighted lab-grown diamonds as a major opportunity and said India must build the entire value chain, from manufacturing and technology to jewellery, branding and retail.
What is the India Jewellery Park in Navi Mumbai?
The India Jewellery Park in Navi Mumbai is an upcoming jewellery ecosystem mentioned at the 52nd IGJA, with work set to commence on Dussehra following all approvals from the Maharashtra Government.
Who received the Special Recognition Award?
The Special Recognition Award was presented to Shri Arvind Chhotalal Parikh, Partner, Crystal Diamonds.
Who received the Lifetime Achievement Award?
The Lifetime Achievement Award was presented to Shri Vallabhbhai Patel, Founder, Kiran Gems.
What areas were recognised at the 52nd India Gems & Jewellery Awards?
The awards recognised excellence across business performance, exports, employment, diamond manufacturing, precious metal jewellery, silver jewellery, coloured gemstones, costume and fashion jewellery, synthetic stones, lab-grown diamonds, CSR, marketing and branding, international sales, women entrepreneurship and banking support.
What is the broader vision for India’s gem and jewellery sector?
The broader vision is to transform India from a traditional global manufacturing base into a comprehensive global hub for design, innovation, technology, luxury, value addition and international trade.
Source: SVAR Media Network
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