Browsing: jewellery exports

IIJS Bharat Premiere 2026 was inaugurated by Shri Chirag Paswan, Hon’ble Union Minister of Food Processing Industries, Government of India, reinforcing India’s position as a global gems and jewellery powerhouse. Industry leaders from GJEPC, De Beers, Malabar Group and India Gold Metaverse shared their vision for the future of the sector.

IIJS Bharat Premiere 2026 begins in Mumbai amid historic free trade agreements that are transforming India’s gem and jewellery exports. The event showcases over 2,100 exhibitors, 50,000+ visitors, new export opportunities, advanced manufacturing technologies, and GJEPC’s vision for India’s global leadership.

Mumbai flagged off its first jewellery export consignment to the United Kingdom under the India–UK Comprehensive Economic and Trade Agreement (CETA), marking a historic milestone for India’s gem and jewellery industry and opening new opportunities through zero-duty market access.

India’s expanding network of Free Trade Agreements (FTAs) is creating major export opportunities for the gems and jewellery sector, especially for exporters, manufacturers, and MSMEs looking to tap into high-demand global markets.

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.

The International Gem & Jewellery Show (IGJS) Jaipur 2026 attracts over 230 global buyers, highlighting India’s strength as a trusted sourcing destination for the gem and jewellery industry.

The overall gross exports of gems and jewellery in February 2026 were recorded at US$ 2.68 billion (Rs. 24,340.05 crores), registering a growth of 3.86% (8.37% in Rs. terms) compared to US$ 2.58 billion (Rs. 22,460.13 crores) in February 2025.

The Gem & Jewellery Export Promotion Council (GJEPC) welcomes the elimination of import duties on Indian gem and jewellery products under the India-EU Free Trade Agreement (FTA). This removes 2-4% duties on precious jewellery, unleashing huge export potential with the 27-member EU bloc—home to the world’s elite buyers. 

Prime Minister Narendra Modi, while addressing the nation, announced the signing of the India–European Union Free Trade Agreement (FTA). He congratulated stakeholders from the gems and jewellery industry, highlighting the new opportunities the agreement will unlock for the sector and the country at large.

With the India-EU Free Trade Agreement (FTA) negotiations nearing conclusion and the upcoming India-EU Summit in New Delhi on 27th January 2026, the Gem & Jewellery Export Promotion Council (GJEPC) has been consistently urging the Govt. to negotiate duty free  market access for Indian made jewellery exports to EU. With the gold/silver prices at an upsurge, this will give very significant market advantage to Indian made products.