2 weeks ago
India's Gem, Jewellery Exports Rise 2.44% to $9.17 Billion
India sells a lot of jewellery to people in other countries.
From April to July 2026, the country's gem and jewellery exports grew by 2.44 percent to $9.17 billion.
Jewellery set with precious stones, such as studded gold pieces, sold especially well.
Silver jewellery exports jumped by more than 72 percent, and platinum jewellery also grew strongly.
But traditional cut and polished diamond exports fell by 18.23 percent, which pulled down the overall numbers.
Diamonds made in a laboratory actually sold better, rising 7.47 percent.
In July alone, exports were almost the same as last year, at $2.35 billion.
Gold became a bit cheaper in July, which helped jewellery buyers.
A big jewellery show called IIJS Bharat Premiere 2026 brought more than 61,000 visitors from 80 countries.
Industry leaders hope the show will bring more orders in the coming months.
India's gem and jewellery exports rose 2.44% year-on-year to $9.17 billion in April-July 2026, according to GJEPC data.
Studded gold jewellery exports jumped 21.09%, silver jewellery surged 72.19%, and platinum jewellery rose 17.20% during the period.
Cut and polished diamond exports declined 18.23%, while polished lab-grown diamond exports rose 7.47% to $408.50 million.
July exports were nearly flat at $2.35 billion, a 0.38% increase from $2.34 billion in July last year.
GJEPC Chairman Kirit Bhansali cited optimism from IIJS Bharat Premiere 2026, which drew more than 61,000 visitors from 80 countries.
- Who
- India's gem and jewellery exporters, the Gem and Jewellery Export Promotion Council (GJEPC), and GJEPC Chairman Kirit Bhansali.
- What
- India's gem and jewellery exports rose 2.44% to $9.17 billion in April-July 2026, led by studded gold, silver and platinum jewellery, while cut and polished diamond exports declined.
- Where
- India; demand was driven by key markets including the UAE, Hong Kong and Singapore.
- When
- April-July 2026, with separate figures reported for July.
- Why
- Growth was driven by demand for value-added jewellery products as India's traditional polished diamond trade faces pressure, with easing gold prices also supporting sales.
Key facts
- Total gem & jewellery exports (Apr-Jul 2026)
- $9.17 billion, up 2.44% YoY
- Gold jewellery exports (Apr-Jul)
- $4.03 billion, up 5.87%
- Studded gold jewellery exports
- $2.24 billion, up 21.09%
- Silver jewellery exports
- Up 72.19%
- Platinum jewellery exports
- Up 17.20%
- Cut & polished diamond exports
- Down 18.23%
- Polished lab-grown diamond exports
- $408.50 million, up 7.47%
- July exports
- $2.35 billion, up 0.38% YoY
Quotes
GJEPC Chairman Kirit Bhansali
Chairman of the Gem and Jewellery Export Promotion Council
“The Taxation and Other Laws (Amendment) Bill 2026 could strengthen India's position as a global diamond trading hub by offering foreign companies trading rough diamonds through Special Notified Zones a 15-year income tax exemption.”
firstpost.com
“The industry remained optimistic about the export outlook following the success of IIJS Bharat Premiere 2026, which attracted more than 61,000 visitors, including over 5,000 international visitors from 80 countries.”
firstpost.com









