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
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Natural Diamond Council (NDC)—a global not-for-profit dedicated to promoting the integrity and appeal of natural diamonds, delivers facts through its reports- the Laboratory-Grown Diamond Facts and the Fancy Colour Diamonds, to empower retailers and educate consumers with fact-based perspectives
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.
At the 41st edition of the India International Jewellery Show (IIJS Premiere), held at the Jio World Convention Centre, Mumbai, De Beers Group unveiled a trio of landmark initiatives that mark a new chapter for the natural diamond industry in India. As the country has become firmly established as the world’s second largest market for diamond jewellery, De Beers Group reaffirmed its commitment to nurturing growth, authenticity and emotional connection in the sector through the launch of its digital platform INDRA, the emotionally resonant “Love, From Bestie” bracelet ritual campaign and the pioneering Institute of Diamonds.
Hon’ble Prime Minister Shri Narendra Modi and UK Prime Minister Sir Keir Starmer signed the landmark India-UK Free Trade Agreement (FTA) today 24th July 2025 at Chequers, the official country residence of the British Prime Minister. Mr. Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), was present at the ceremony as part of a special 20-member business delegation led by Hon’ble PM to UK
The Gem & Jewellery Export Promotion Council (GJEPC), in collaboration with Mumbai Customs, formally inaugurated the Jewellery Hand Carriage Facilitation Centre at Chhatrapati Shivaji Maharaj International Airport (CSMIA), Terminal 2, on 16th July 2025. The facilitation centre was inaugurated by Shri Surjit Bhujbal, Member Customs, CBIC, in the presence of Smt. Prachi Saroop, Principal Chief Commissioner, Shri Alok Jha, Principal Commissioner and other Customs officials. Also present were Shri Dnyaneshwar Patil, Development Commissioner, SEEPZ , and the leadership team of GJEPC, including Shri Kirit Bhansali, Chairman, Shri Shaunak Parikh, Vice Chairman, Smt Khushboo Ranawat, Regional Chairman (West), Shri Ajesh Mehta, Convener, Diamond Panel, Shri Sabyasachi Ray, Executive Director, Shri Mehul Shah, Vice President, BDB
The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem and jewellery trade in India, with the support of the Ministry of Commerce & Industry, Government of India; the Embassy of India in Riyadh; the Consulate General of India in Jeddah; and the Dubai Jewellery Group, successfully launched SAJEX – The Saudi Arabia Jewellery Exposition through two curtain-raiser events in Jeddah on 6th July and Riyadh on 8th July 2025. The twin events witnessed an overwhelming response from over 280 key Saudi stakeholders — including top retailers, wholesalers, and manufacturers
The inaugural ceremony of JAS 2025: The Premium B2B Show was held today, July 4th, at the Novotel Jaipur Convention Centre, marking a vibrant beginning for one of Jaipur’s most anticipated gems and jewellery trade events.
In a watershed step to boost consumer demand for natural diamonds, GJEPC joined top diamond-producing nations and industry bodies in signing the Luanda Accord on 18th June 2025. The signatories—including mining ministers of Angola, Botswana, South Africa, Namibia, and DRC, in collaboration with GJEPC, AWDC, DMCC and De Beers—pledged to contribute 1% of annual rough diamond revenues to fund a global marketing campaign spearheaded by the Natural Diamond Council (NDC)