India Gem Exports Fall 5% in Dec 2025, US Shipments Plunge
India's gems and jewellery exports declined 4.98% year-on-year in December 2025 to $1.88 billion. While US shipments dropped sharply, exports to UAE and Hong Kong surged over 28% each.
Category : Search result: GJEPC
US Tariffs Cut India's Gem Exports by 44%
India's gem and jewellery exports to the US plunged 44% in April-Dec 2025, hitting $3.86 billion. Industry warns of job cuts and long-term market risks due to tariffs.
GJEPC Seeks Carat Tax, Duty Cuts for Diamond Hub Plan
The Gem & Jewellery Export Promotion Council urges tax reforms, including a Belgian-style carat tax and reduced import duties, to make India a global diamond trading hub like Antwerp and Dubai.
Gem & Jewellery Sector Targets $100B Exports by 2047
India's gem and jewellery industry is poised to achieve a $100 billion export milestone by 2047, reducing reliance on traditional markets. Read the full story.
India's New Diamond Standards Ban Misleading Lab-Grown Terms
BIS mandates clear labelling for lab-grown diamonds, aligning India with global norms. New standards aim to boost consumer trust in the $80 billion jewellery sector. Read the full details.
India's Gems Sector Eyes $100B Exports by 2047
India's gem and jewellery industry sets ambitious target to surpass $100 billion in exports by 2047, backed by strategic initiatives and global market expansion plans.
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