Browsing: Associations & Councils

The Indian gem and jewellery industry is witnessing signs of revival, with July exports delivering a much-needed boost amid the lingering impact of US tariffs. A robust 15.98% growth in overall exports, a sharp rebound in cut and polished diamond exports to Hong Kong, and strong order bookings from IIJS Premiere 2025 have infused optimism ahead of the festive season

The US announcement of a sweeping 50% tariff on all Indian goods is a deeply concerning development. This move would have far-reaching repercussions across India’s economy—disrupting critical supply chains, stalling exports, and threatening thousands of livelihoods. The Indian gem and jewellery sector, in particular, stands to be severely impacted. The United States is our single largest market, accounting for over $10 billion in exports—nearly 30% of our industry’s total global trade. A blanket tariff of this magnitude is severely devastating for the sector

Skilling being at the core of our activities, a Special Program was curated by GJSCI to Train the Trainer. It was a 3 day long Training Program which commenced on 31st July upto 2nd August, 2025. Imitation Jewellery Maker & Artificial Jewellery Maker job roles were shortlisted for this program. A total of 12 Trainers participated in this intensive Training Program held in Mumbai.  Trainers hailed from the State of Odisha, Thane & Kolhapur districts of Maharashtra.

Continuing this distinguished tradition, GRT Jewellers has once again emerged victorious at the recently held Platinum Season of Love 2025 contest, hosted by Platinum Guild International (PGI). This remarkable win marks the brand’s ninth consecutive year of being honoured, underscoring its dominant presence in the platinum segment

Gemfields Group Limited has released its operational and financial update for the six months ending 30 June 2025, reporting total auction revenues of USD 60 million and a net debt position of USD 59.6 million. Key developments include near-completion of Montepuez Ruby Mine’s second processing plant and the resumption of focused mining at the Kagem emerald mine. Significant progress has also been made in the strategic review of Fabergé. The full interim results will be published on 26 September 2025.

The Gem & Jewellery Sector Skill Council of India (GJSCI), in partnership with YGROO (A Social Enterprise), today announced the launch of P.R.E.C.I.O.U.S. Insights for Retail Gems & Jewellery – a pioneering 60-minute, in-store masterclass that brings micro-learning directly to the shop floor.

HRD Antwerp, Europe’s leading authority in Diamond and Jewellery Grading, Education and Equipment, has officially launched its operations within the Bharat Ratnam Mega Common Facility Centre (CFC) in Mumbai. This collaboration was unveiled during the prestigious IIJS Premiere 2025 and marks a significant leap in advancing India’s jewellery ecosystem with world-class diamond certification services.