India’s gem and jewellery exports continued positive momentum in August: Council

Value addition drove up exports of studded gold jewellery by 51.22 per cent (%) to $642.85 million in August, while gross gem and jewellery exports increased by 3.14% to $2.30 billion in the same month. According to the statistical data, the overall gross export of cut and polished diamonds in July 2026 was at $876.40 million (Rs 8,397.82 crore), and it shows a decline of (-) 18.23% as compared to $1,071.73 million (Rs 9,230.69 crore) for the same period a year ago.

Similarly, total gross export of gold jewellery (plain and studded) was at $1,040.87 million (Rs 9,972.09 crore) in July 2026 and has shown a growth of (+) 8.73% (+21.03% in Rs term) as compared to $957.31 million (Rs 8,239.51 crore) for the same period in the previous year.

This shift towards value addition is significant for India’s gem and jewellery ecosystem, as more diamonds are being incorporated into finished jewellery within the country, creating greater value across the manufacturing chain and supporting employment and economic activity.

GJEPC chairman Kirit Bhansali said, “August’s export performance reflects the resilience and adaptability of India’s gem and jewellery industry. The increase in diamond export volumes, along with the sharp growth in studded gold jewellery exports, highlights India’s growing ability to create greater value by transforming precious materials into finished jewellery.”