GJ Town India

  India’s Gem & Jewellery exports eye to cut big pie from India-UK FTA   At the invitation of the Prime Minister of the United Kingdom, Sir Keir Starmer, Prime Minister Shri Narendra Modi will pay an official visit to the United Kingdom from 23 – 24 July 2025. This will be Prime Minister Modi’s fourth visit to the UK. During the visit, both leaders are likely to sign & seal the India – UK Free Trade Agreement (FTA).    Previously, Hon’ble Prime Minister of India Shri Narendra Modi and Hon’ble Prime Minister of the United Kingdom Keir Starmer have announced the successful conclusion of a mutually beneficial India – UK Free Trade Agreement (FTA) on the sidelines of the G-20. ( Full details are available at: https://gjtownindia.blogspot.com/2025/07/successfully-concluded-huge-win-win.html )    In the meantime, GJEPC has taken several initiatives to boost the strategic India – UK Free Trade Agreement (FTA) . According to the GJEPC, “Unite...

  Plain gold jewellery exports are on a growing spree yet a watchful in 2Q   India’s Gold Jewellery (Plain & Studded) for the month of June 2025, registered the total gross export of Gold Jewellery at US$ 630.33 million (Rs. 5415.71 crores) in month of June 2025 is showing a growth of 5.75% (8.87% in Rs. term) as compared to US$ 596.07 million (Rs. 4974.61 crores) for the same period of previous year.   Provisional gross export of total Gold Jewellery for the period of April 2025 – June 2025 at US$ 2773.010 million (Rs. 23698.82 crores) shown a growth of 25.35% (28.43% Rs. term) over the comparative figure of US$ 2212.17 million (Rs. 18452.47 crores) for previous year.   The total export of Plain Gold Jewellery at US$ 326.89 (Rs. 2808.26 crores) in month of June 2025 is showing a Growth of 31.1(34.95% in Rs. term) as compared to US$ 249.35(Rs. 2080.97 crores) for the same period of previous year.   Provisional gross export of Plain Gold Jewel...

  Brings more rough diamond carats in the April to cater the season ahead    According to the available provisional statistics of India for the month of April 2025, the overall gross exports of Gems & Jewellery at US$ 2037.06 million (Rs. 17428.480 crores) in the month of April 2025 is showing a decline of 4.62% (-2.17% in Rs. term) as compared to US$ 2135.7 million (Rs. 17814.87 crores) for the same period previous year.    The overall India’s gross imports of Gems & Jewellery at US$ 1569.13 million (Rs. 13419.63 crores) in month of April 2025 is showing a decline of 17.61% (-15.5% in Rs. term) as compared to US$ 1904.4 million (Rs. 15880.47 crores) for the same period previous year.    At the Rough Diamonds front, Gross Imports of rough diamonds at US$ 1200.06 million (Rs 10265.19 crores) in April 2025 - April 2025 have shown a growth of 0.56% (3.17% Rs. term) compared with the imports at US$ 1193.32 million (Rs. 9949.57 crores) f...

  Plain Gold Jewellery category recorded Growth of 39%   According to the available export figures of India’s exports, Gold Jewellery (Plain & Studded) for the month of March 2025, the total gross export of Gold Jewellery at US$ 1111.76 million (Rs. 9617.85 crores) in month of March 2025 is showing a growth of 27.27% (32.60% in Rs. term) as compared to US$ 873.54 million (Rs. 7253.30 crores) for the same period of previous year. Looking at the full year exports from April 2024 to March 2025, the provisional gross export of total Gold Jewellery for the period April 2024 to March 2025 at US$ 11215.46 million (Rs. 94937.78 crores) shown a decline of 0.11% (2.01% Rs. term) over the comparative figure of US$ 11227.72 million (Rs. 93066.82 crores) for previous year.    Plain Gold Jewellery category recorded the total export of US$ 577.12 (Rs. 4990.43 crores) in month of March 2025 is showing a Growth of 39.0(44.75% in Rs. term) as compared to US$ 415.2(Rs. 3447.67 ...

  New Avenues for Trade and Growth with 28 countries   Amid the evolving global trade landscape, the Gem & Jewellery Export Promotion Council (GJEPC) inaugurated the International Gem & Jewellery Show (IGJS) Jaipur 2025 today, reinforcing India’s commitment to strengthening its gem and jewellery industry as it navigates the recent announcement of a 27% reciprocal tariff by the US administration on Indian exports.   The 4th edition of IGJS Jaipur, organized by GJEPC, is being held from 3rd to 5th April 2025 at Novotel, Jaipur Exhibition and Convention Centre (JECC), Jaipur. SECURE is the logistics partner for IGJS 2025. The show serves as a premier B2B platform for fostering trade collaborations and expanding India’s footprint in key global markets.   The event was inaugurated by esteemed dignitaries, including Retired Major General Anuj Mathur; Shilpi R Purohit, Joint Commissioner, District Industries Centre, Government of Rajasthan; Gaurav Joshi,...

  Yet, GJEPC endeavour to chase the big export target!     The overall gross export of Cut & Polished diamonds at US$ 1362.67 million (Rs. 11860.71 crores) in month of February 2025 is showing a decline of 20.2%(-16.260% in Rs. Term) as compared to US$ 1707.62 million (Rs. 14164.1 crores) for the same period of previous year.   The overall gross Imports of Cut & Polished diamonds at US$ 120.03 million ( Rs. 1044.59 crores) in month of February 2025 is showing a decline of 7.97% (-3.47% in Rs. term) as compared to US$ 130.43 million (Rs. 1082.17 crores) for the same period of previous year. The overall gross Imports of Cut & Polished diamonds in DTA at US$ 17.82 million (Rs. 155.1 crores) is showing a Growth of -56.78(-54.66% Rs. term) as compared to US$ 41.23(Rs 342.1 crores) for the same period of February 2025.   The overall gross Imports of Cut & Polished diamonds in SEZ at US$ 102.21 million (Rs. 889.49 crores) is showing a Grow...

Bharat’s Studded Gold Jewellery exports grew 15.57% in December’24   According to the available provisional statistics pertaining to India’s export & import of Gem & Jewellery (GJ) for the month of December 2024 & also for the  for the April to December 2024, India is registering growth in the category.   India’s total gross export of Gold Jewellery at US$ 868.03 million (Rs. 7374.41 crores) in month of December 2024 is showing a decline of 3.56% (-1.63% in Rs. term) as compared to US$ 900.11 million (Rs. 7496.27 crores) for the same period of previous year. Provisional gross export of Total Gold Jewellery for the period April to December 2024 at US$ 8072.140 million (Rs. 67742.11 crores) shown a growth of 2.23% (3.58% Rs. term) over the comparative figure of US$ 7896.15 million (Rs. 65398.73 crores) for previous year.    The total export of Plain Gold Jewellery at US$ 461.48 (Rs. 3920.88 crores) in month of December 2024 is showing a Decline...

SMEs  exporting via courier mode with TDI delivery!   DHL Express, the world’s leading international express services provider, has signed a Memorandum of Understanding (MoU) with the Gems and Jewellery Export Promotion Council (GJEPC) to ship India-crafted jewellery via courier mode, leveraging DHL’s time-definite international (TDI) delivery service.    As the first international logistics provider to sign MoU with GJEPC, DHL will support local jewellery and gem makers to broaden their footprint and increase revenue. The GJEPC is an apex body of the gem and jewellery industry under the Ministry of Commerce, Government of India.    “India’s gems and jewellery industry is a vibrant export segment. Our product offering for exporting fine jewellery shipments addresses critical pain points for local exporters through our trusted, seamless, and cost-effective shipping solution. Through this partnership, we are simplifying international shipping and providing je...

GJEPC India is attempting to add export destinations to mitigate fall!   According to the available Gem & Jewellery exports of India for the period of November 2024 and cumulatively also for the period of April 2024 to November 2024, overall gross export of Cut & Polished diamonds at US$ 666.01 million (Rs. 5622.11 crores) in month of November 2024 is showing a decline of 39.81%(-39.010% in Rs. Term) as compared to US$ 1106.53 million (Rs. 9217.88 crores) for the same period of previous year.   Global diamond market is seized by geopolitical uncertainties and economic weaknesses are capable enough to tumble cut & polished diamond exports of India. Although GJEPC India is attempting to add more export destinations to mitigate fall. Prudent leadership of the council is leaving no stone unturned in the sync of the ongoing government’s ease of doing business initiatives!   The overall gross Imports of Cut & Polished diamonds at US$ 54.03 million ( ...

  India’s major export destination countries are in the state of uncertainty!   According to the recently released India’s exports & Imports Statement, overall gross exports of Gems & Jewellery (GJ) stood at US$ 1986.21 million (Rs.16763.130 crores) in the month of November 2024 is showing a decline of 12.94% (-11.8% in Rs. term) as compared to US$ 2281.4 million (Rs. 19005.46 crores) for the same period previous year.   The overall gross imports of Gems & Jewellery reached at US$ 1364.14 million (Rs. 11512.21 crores) in month of November 2024 is showing a growth of 35.0% (36.75% in Rs. term) as compared to US$ 1010.47 million (Rs. 8418.38 crores) for the same period previous year. For the period of April 2024 to November 2024, India’s overall gross exports of Gems & Jewellery registered at US$ 18720.29 million (Rs.156781.31 crores) is showing a decline of 9.52% (-8.32% in Rs term) as compared to US$ 20688.95 million (Rs. 171016.64 crores) for the ...

Indian Gems & Jewellery exports-Imports witnessed a contraction   According to data released by the Gems and Jewellery Export Promotion Council (GJEPC), the apex body for the Gems & Jewellery (GJ) Industry in India, the overall gross exports of Gems & Jewellery in July 2024, stood at USD 1665.4 million (Rs. 13922.03 crores) showing a decline of 23.28% compared to USD 2170.71 million (Rs. 17831.68 crores) for the same period last year.   The trend line for Indian gems & jewellery has been on a continuous downwards trajectory and this is majorly owing to the global unrest-induced dampening of consumer demand. With the looming uncertainty of unprecedented geo-political developments and its impact on global economy, consumer markets across the globe are taking cautious buying decisions.   In terms of the overall imports of Gems & Jewellery for July 2024, the sector has witnessed a decline of 16.59%, which stood at USD 1404.62 million (Rs. 11738...