On 7th October 2025, NITI Aayog and GJEPC convened key stakeholders at Bharat Diamond Bourse to advance India’s gems and jewellery exports and competitiveness.
India’s gems and jewellery industry received a significant boost on 7th October 2025, when NITI Aayog and the Gem & Jewellery Export Promotion Council (GJEPC) brought together key stakeholders to discuss the sector’s future competitiveness and export potential.
The hybrid event, held at the Bharat Diamond Bourse (BDB) with virtual participation from across the country, featured senior leaders including Mr. Sanjeet Singh, Senior Advisor, NITI Aayog; Mr. Kirit Bhansali, Chairman, GJEPC; Mr. Shaunak Parikh, Vice Chairman, GJEPC; Mr. Anoop Mehta, Convener, Audit & Finance Sub-committee; and Mr. Sabyasachi Ray, Executive Director, GJEPC. They engaged with industry representatives to gather insights for a comprehensive study aimed at enhancing India’s global position in the gems and jewellery sector.
“Keeping this sector’s export potential, our focus will be on regulatory and tax challenges for enhancing trade with global markets,” said Mr. Singh. “We also need suggestions to promote Brand India across the world.”
India’s gems and jewellery sector is currently navigating global headwinds and shifting market dynamics that require strategic policy intervention. Recognising this critical moment, NITI Aayog — India’s apex policy think tank — has partnered with GJEPC to lead a landmark study focused on unlocking the next phase of industry growth.
Over 50 industry participants joined virtually, bringing the total to more than 120 attendees. The session gathered valuable inputs from across the sector, which will directly inform the study’s direction — identifying bottlenecks, proposing actionable reforms, and strengthening India’s export competitiveness.
