Browsing: Kirit Bhansali Chairman GJEPC India

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)

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.

Indian gem & jewellery industry, like the rest of the world, is trying to analyse the evolving global economic landscape due to the reciprocal tariff announcement by USA on countries worldwide. The Gem & Jewellery Export Promotion Council (GJEPC) though understands the U.S. administration’s intent to address trade and tariff imbalances through reciprocal tariffs, however urges the U.S. to uphold the spirit of the longstanding trade partnership between India and the United States, which has been built on mutual respect and shared economic interests

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