Browsing: Indian Jewellery Industry

The World Gold Council has launched Swarnim Udaan 2047, a comprehensive vision document designed to unlock the full potential of India’s gold ecosystem. Developed with Monitor Deloitte, the report outlines strategic recommendations to strengthen mining, jewellery exports, financialisation, innovation, and advanced manufacturing as India progresses towards becoming a US$30 trillion economy by 2047.

India’s gem and jewellery exports reached US$ 4.27 billion during April–May 2026. While studded gold jewellery exports grew, plain gold jewellery exports witnessed a significant decline due to gold supply constraints, rising prices, and regulatory bottlenecks. GJEPC has urged government intervention to support exporters and enhance sector competitiveness.