India’s gems and jewellery exports increased by 6.55% in September 2025 to Rs. 25,844 crore (US$ 2.91 billion), driven by strong festive and wedding season demand despite global challenges, according to the Gem and Jewellery Export Promotion Council (GJEPC). In comparison, exports stood at Rs. 24,245 crore (US$ 2.73 billion) in September 2024. During H1 FY26, overall gems and jewellery exports grew by 3.66% to Rs. 1,25,133 crore (US$ 14.09 billion), up from Rs. 1,20,782 crore (US$ 13.60 billion) in the same period last year. Chairman of GJEPC, Mr. Kirit Bhansali, stated that recovery in key markets such as the United Arab Emirates (UAE), Hong Kong, and the United Kingdom (UK) is a positive sign, adding that festive demand among the Indian diaspora and global holiday markets will help sustain this growth in the coming quarter.
GJEPC is working closely with the government to seek relief measures for affected exporters, including deferment of loan interest, relief in pre-shipment finance, and extension of the Interest Equalisation Scheme. The council also proposed concessional loans, liquidity support, and temporary healthcare coverage under Ayushman Bharat for workers. Meanwhile, exports of cut and polished diamonds rose 5.91% to Rs. 12,078 crore (US$ 1.36 billion) in September 2025, while gold jewellery exports grew 2.40% to Rs. 9,680 crore (US$ 1.09 billion). He added that India’s craftsmanship and reliability continue to attract strong international demand as global retail markets enter their busiest quarter.
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