Browsing: GJEPC India

As India rapidly emerges as one of the world’s most important jewellery consumption markets, the need for transparency and consumer confidence has never been more critical. Valued at approximately US$80–85 billion in FY24, the Indian jewellery sector is projected to grow to US$225–245 billion by FY35, underscoring the scale and momentum of domestic demand.

The Gem & Jewellery Export Promotion Council (GJEPC), the nodal agency for the Kimberley Process (KP) in India, welcomes India’s election as Chair of the Kimberley Process Certification Scheme (KPCS) for 2026.

The World Gold Council today unveiled its new gold jewellery campaign in India. ‘The Moment is Gold’ campaign aims to enhance the relevance and aspiration of gold jewellery amongst Gen Z and Millennials. The campaign showcases gold jewellery as an integral part of everyday moments and fosters a deeper emotional connection with gold, while positioning it as a reflection of modern, aspirational lifestyles. It aims to extend gold jewellery’s appeal beyond key life events such as weddings and festivals and encourages individuals to celebrate everyday moments and occasions that enrich their lives. 

In a historic development set to reshape the global positioning of India’s gems and jewellery sector, the India-UK Free Trade Agreement (FTA) has been successfully concluded. This milestone, hailed by industry leaders and policymakers alike, promises unprecedented benefits across bilateral trade, especially for one of India’s most export-intensive industries—gems and jewellery.

The Gem & Jewellery Export Promotion Council (GJEPC) successfully organized the 2nd SEZ Gem & Jewellery Conclave 2025 at Bharat Ratnam Mega CFC, SEEPZ on 12th March, reinforcing its commitment to advancing Technology, Branding, and Investment in India’s gem and jewellery sector. Held under the theme ‘SEZ: The Future of Indian Exports,’ the conclave brought together industry leaders and experts to explore strategies for boosting exports and attracting investments

India’s flourishing gem and jewellery sector, a vital component of its export-driven economy, faces uncertainty as the United States introduces its “Fair and Reciprocal Plan” on Trade. Announced by President Donald Trump on 13th February 2025, this policy aims to address trade imbalances by imposing reciprocal tariffs equivalent to those levied on American goods by other nations. For India, a key supplier of gems and jewellery to the U.S., this could mean new tariffs ranging between 5% and 20% on nearly $10 billion worth of annual exports. If implemented, the move could disrupt the industry, which employs millions across the country.

India proudly takes on the role of official partner country at INHORGENTA 2025, marking a pivotal moment in the global gem and jewellery industry. The show, taking place from 21st to 24th February, was inaugurated at the India Pavilion by Mr. Shatrughna Sinha, IFS, Consul General of India, Munich; Mr. Kirit Bhansali, Chairman, GJEPC; Mr. Stefan Rummel, CEO of Messe München; and Ms. Stefanie Maendlein, Exhibition Director of INHORGENTA