Browsing: GJEPC

The JewelStart Industry Innovation Challenge 2026, launched by GJEPC and SINE, IIT Bombay, invites innovators and startups to develop breakthrough solutions across the gems and jewellery value chain, from manufacturing and retail to sustainability, automation, traceability, and digital design.

GJEPC has called upon industry stakeholders to submit urgent recommendations on gold monetization, CAD reduction, promotion of low-karat jewellery, old gold recycling, export incentives, and anti-smuggling measures as part of a consolidated industry proposal to the Government of India.

GJC and GJEPC are leading industry consultations on the Gold Monetization Scheme after a Ministry of Commerce meeting on reducing the Current Account Deficit (CAD), with stakeholder suggestions invited until 30th May 2026.

India’s gem and jewellery sector recorded a 9.07% decline in exports during April 2026, with cut and polished diamonds and plain gold jewellery facing significant pressure. However, silver jewellery, platinum jewellery, studded gold jewellery, and coloured gemstones registered notable growth amid rising bullion prices and changing global demand trends.

GJEPC leadership met Maharashtra Chief Minister Shri Devendra Fadnavis to discuss key industry priorities including Maharashtra State Gem & Jewellery Policy 2025, India Jewellery Park Mumbai, single-window approvals for exhibitions, and metro connectivity for Bharat Diamond Bourse.

India commenced the Kimberley Process Intersessional Meeting 2026 in Mumbai under its Chairship, bringing together global participants, observers, and industry stakeholders to discuss monitoring, compliance, sustainability, and consumer confidence in the natural diamond trade.

GJEPC has urged the Government to pursue sustainable solutions after the recent increase in gold import duty and Agri cess, highlighting the impact on MSMEs, exports, and working capital while proposing reforms to reduce import dependence and strengthen self-reliance.

The unveiling of IIGJ Udupi by Finance Minister Nirmala Sitharaman marks a major step in strengthening India’s gem and jewellery skill ecosystem, fostering innovation, employment, and global competitiveness.

The successful conclusion of BSM Surat 2026 underscores Surat’s dominance as a global diamond hub, driven by international participation, factory visits, and strategic industry collaborations.

PMJ Jewels celebrates Akshaya Tritiya with a witty campaign that blends tradition, investment wisdom, and emotional storytelling, reinforcing gold’s role in long-term prosperity.