CBIC Consolidates Customs Notifications on Precious Metals and Gemstones

In a move aimed at simplifying compliance and promoting ease of doing business, the Central Board of Indirect Taxes and Customs (CBIC) has consolidated multiple earlier notifications governing the import of precious metals and stones among other goods into a single comprehensive notification

India’s gem and jewellery exports record a growth of  3.66%to US$ 14.09 billion a steady recovery in the first half ofFY2025–26: GJEPC

Key Highlights India’s gem and jewellery exports record a steady recovery in the first half of FY2025–26, witnessing a growth of 3.66% to US$ 14.09 billion between April and September 2025 compared to US$ 13.60 billion in the same period last year. This

India’s First Duty-Free Gold Import Under Advance Authorisation Scheme Marks Major Milestone for IIBX and GJEPC

Quick Highlights: A Historic Breakthrough for India’s Bullion Industry In a major milestone for India’s bullion market, the India International Bullion Exchange (IIBX), in collaboration with the Gem & Jewellery Export Promotion Council (GJEPC), has enabled the country’s first duty-free import of gold.

India’s Gem & Jewellery Sector Ready to Take a Major Leap with India-UK FTA: GJEPC

The India-UK CEOs Forum convened in Mumbai on 8-9 October brought together business leaders from both nations to explore the opportunities unlocked by the new India-UK Comprehensive Economic & Trade Agreement (CETA). Among the distinguished participants was Mr. Kirit Bhansali, Chairman, GJEPC, who

NITI Aayog Partners with GJEPC for Comprehensive Study to Strengthen Exports

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

GJEPC Welcomes Maharashtra’s Landmark Gem & JewelleryPolicy 2025 — A Milestone Achieved Through Joint Effortswith the State Government

In a landmark move, the Government of Maharashtra today announced the Maharashtra State Gem & Jewellery Policy 2025, becoming the first state in India to introduce a dedicated policy for the gem and jewellery sector. The policy aims to attract investments worth ₹1

GJEPC Urges Finance Minister for Urgent Relief as U.S. Tariffs Continue to Strain Gem & Jewellery Sector

Key Highlights from GJEPC–FM Meeting: The Gem & Jewellery Export Promotion Council (GJEPC) leadership, led by Chairman Kirit Bhansali, along with Vice Chairman Shaunak Parikh and Executive Director Sabyasachi Ray, met the Hon’ble Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman today

GJEPC Holds 59th Annual General Meeting in Hybrid Mode

The Gem & Jewellery Export Promotion Council (GJEPC) conducted its 59th Annual General Meeting (AGM) on 23rd September at 12:00 PM IST in a hybrid format, enabling members to join physically at Bharat Diamond Bourse, Mumbai, or participate virtually through video conferencing. In

GJEPC Announces Newly Elected Members of Committee of Administration (CoA) for 2025

The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem and jewellery trade in India, has announced the results of its recent Committee of Administration (CoA) elections for 2025. The elections, held for vacant positions, were declared on 19th

GJEPC Opens New Market Opportunities for India’s Gem & Jewellery Exports in Saudi Arabia as Market Set to Nearly Double to USD 8.34 Billion by 2030

The Saudi Arabia Jewellery Exposition (SAJEX 2025), the first-ever dedicated B2B gems and jewellery exhibition in the Kingdom, was inaugurated today at the iconic Jeddah Superdome. Organized by the Gem & Jewellery Export Promotion Council (GJEPC) with the support of the Ministry of Commerce & Industry, Government of India, the Embassy