16% Surge in Gem & Jewellery Exports in July Marks the Beginning of a Positive Festive Season

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

IIJS Premiere 2025 Impact

The recently concluded IIJS Premiere 2025 generated order bookings estimated between ₹70,000 crore and ₹90,000 crore, boosting confidence ahead of the festive season. Domestically and internationally, the industry is bracing for a strong demand cycle. Adding to the momentum, GJEPC is gearing up for SAJEX 2025 in Saudi Arabia this September, which is expected to open fresh trade and investment opportunities in the Gulf.

Export Growth in July 2025

After a prolonged period of decline, July 2025 saw overall gross exports of gems and jewellery rise to US$ 2,178.24 million, a 15.98% increase compared to US$ 1,878.09 million in the same month last year.

GJEPC Chairman’s Initial Comment

Speaking on the positive momentum, Kirit Bhansali, Chairman, GJEPC, said, “It is good to see encouraging signs for our industry — growth in July exports, a successful IIJS Premiere with substantial order bookings, and the Hong Kong market bouncing back strongly. This performance is heartening, especially as it comes amid global challenges such as the ongoing impact of US tariffs.”

April-July 2025 Export Trend

For the period April 2025 to July 2025, the overall gross exports of gems and jewellery recorded a marginal decline of 0.11%, amounting to US$ 8,789.67 million, compared to US$ 8,799.66 million in the same period of the previous year.

Cut and Polished Diamonds in July 2025

In July 2025, the overall gross exports of cut and polished diamonds grew by 17.76% to US$ 1,071.73 million, compared to US$ 910.13 million in the same month last year. Notably, the Hong Kong market — a key destination for Indian diamonds — showed a strong recovery, with exports surging 70% to US$ 320 million from US$ 187.48 million.

GJEPC Chairman’s Hong Kong Insight

Kirit Bhansali, Chairman, GJEPC, said, “The Hong Kong market’s rebound is a very positive sign for our industry. This sharp rise in demand not only reflects renewed buyer confidence but also lifts the overall sentiment as we head into a crucial period for the sector.”

April-July 2025 Cut and Polished Diamonds

For April–July 2025, cut and polished diamond exports declined by 14.68% to US$ 3,909.12 million from US$ 4,581.98 million in the same period last year.

Gold Jewellery Exports in July 2025

In July 2025, Gold jewellery (Plain & Studded) exports grew by 16.39% to US$ 813.77 million from US$ 699.17 million in the same month last year.

April-July 2025 Gold Jewellery

For April–July 2025, Gold jewellery (Plain & Studded) exports grew by 23.74% to US$ 3,665.99 million from US$ 2,962.63 million in the same period last year.

Plain Gold Jewellery in July 2025

In July 2025, Plain Gold Jewellery exports grew by 15.61% to US$ 352.37 million from US$ 304.79 million in the same month last year.

April-July 2025 Plain Gold Jewellery

For April–July 2025, Plain Gold Jewellery exports grew by 48.66% to US$ 1,826.86 million from US$ 1,228.86 million in the same period last year.

Studded Gold Jewellery in July 2025

In July 2025, Studded Gold Jewellery exports grew by 16.99% to US$ 461.40 million from US$ 394.38 million in the same month last year.

April-July 2025 Studded Gold Jewellery

For April–July 2025, Studded Gold Jewellery exports grew by 6.08% to US$ 1,839.14 million from US$ 1,733.77 million in the same period last year.

Polished Lab-Grown Diamonds in July 2025

In July 2025, polished lab-grown diamond exports grew by 27.61% to US$ 122.43 million from US$ 95.94 million last year in the same month last year.

April-July 2025 Polished Lab-Grown Diamonds

For April–July 2025, polished lab-grown diamond exports declined by 8.36% to US$ 381.07 million from US$ 415.85 million in the same period last year.

April-July 2025 Silver Jewellery

For April–July 2025, Silver Jewellery exports declined by 2.44% to US$ 281.20 million from US$ 288.23 million in the same period last year.

April-July 2025 Platinum Jewellery

For April–July 2025, Platinum Jewellery exports grew by 14.11% to US$ 65.18 million from US$ 57.12 million in the same period last year.

April-July 2025 Coloured Gemstones

For April–July 2025, Coloured Gemstones exports grew by 1.93% to US$ 116.66 million from US$ 114.45 million in the same period last year.

Industry Outlook

With all major verticals showing growth in July and Hong Kong making a strong comeback, the industry is looking ahead to the festive season with renewed confidence. The upcoming SAJEX 2025 in Saudi Arabia, organised by GJEPC in September, is set to further enhance India’s global jewellery footprint and create new avenues for trade and collaboration.

About The Gem and Jewellery Export Promotion Council (GJEPC)

The Gem & Jewellery Export Promotion Council (GJEPC), set up by the Ministry of Commerce, Government of India (GoI) in 1966, is one of several Export Promotion Councils (EPCs) launched by the Indian Government, to boost the country’s export thrust, when India’s post-Independence economy began making forays in the international markets. Since 1998, the GJEPC has been granted autonomous status. The GJEPC is the apex body of the gems & jewellery industry and today represents 10700+ members in the sector. With headquarters in Mumbai, GJEPC has Regional Offices in New Delhi, Kolkata, Chennai, Surat and Jaipur, all of which are major centres for the industry. It thus has a wide reach and is able to have a closer interaction with members to serve them in a direct and more meaningful manner. Over the past decades, GJEPC has emerged as one of the most active EPCs and has continuously strived to both expand its reach and depth in its promotional activities as well as widen and increase services to its members.

About SVAR Media Network – India’s Best Source for Jewellery News, Magazines, Newsletters and Media

SVAR Media Network is India’s No. 1 Destination for Jewellery News, setting the gold standard in timely, trusted, & trend-driven coverage across the Gems & Jewellery industry. As the Most Followed Jewellery Magazine & Media House in India, SVAR delivers Daily Jewellery News India Updates, market insights, & global developments through its platforms like Jewellery Magazine, Newsletters, AI Powered News Bulletins, Website, Social Media, Podcasts, & much more.

Recognized as Asia’s one of the Best Media in Jewellery & one of the World’s Best Jewellery Media, SVAR Media Network sets Unparalleled Standards in the Gems & Jewellery industry. SVAR is the Most Trusted & Widely Read Voice in the Gems & Jewellery Community.

Renowned as India’s Best Jewellery Magazine & Leading Jewellery Media, SVAR blends legacy with cutting-edge innovation by delivering:

Best in class Jewellery Magazine for the Gems & Jewellery Industry & Jewellery Enthusiasts
Real-time AI-Powered Jewellery News via SVARA AI, the World’s First AI Anchor in Fashion, Gems & Jewellery Industry
India’s One of the First Gems & Jewellery Podcasts
Digital Jewellery Newsletters for professionals and enthusiasts
ISO 9001:2015 Certification, the first in the jewellery-media sector, proving our commitment to excellence
Asia’s First & World’s Second Meta Verified Jewellery Media Brand

Ranked #1 among the Top 5 Gems & Jewellery News Websites, Top 10 Jewellery Magazines in India, & Most Influential Jewellery Media Brands, SVAR Media Network is your Trusted Source for Accurate, Fast, & Future-Focused Jewellery News.

SVAR Media Network is India’s No 1 Digital Media in Jewellery Industry & continues to be the Leading Jewellery Magazine & a Global Leader in Jewellery Media. SVAR Media Network offers a diverse range of services, including: Monthly Magazines, Digital Newsletters, Al-Driven News Bulletins, Social Media Promotions, Website Blogs & Articles, WhatsApp Updates, Podcasts & more…

Whether you seek updates on New Launches, Trade Shows, Celebrity Campaigns, Trends or Market Movements, SVAR is the Authority in Jewellery News India & beyond.

Explore the World of Gems & Jewellery with SVAR Media Network — Your Best Source for Trusted, Trend-Setting Jewellery News & Mediapp Updates, Podcasts & more…