Mumbai, Jan 7 (UNI) India’s gems and jewellery sector continues to demonstrate strength and adaptability, supported by its diversified product base and expanding global market presence.
During the April–November 2025 period, overall exports stood at US$18.87 billion, said Kirit Bhansali, Chairman, GJEPC, “reflecting the industry’s steady performance and its ability to navigate a dynamic global trade environment. As we look ahead, the sector remains well-positioned for sustained growth through deeper market diversification and the strategic leveraging of new Free Trade Agreements”.
Free Trade Agreements with the UAE, Australia, EFTA countries, the UK, and, more recently, Oman and New Zealand are helping improve competitiveness by reducing duties and easing trade barriers. With the Government of India currently negotiating 14 additional FTAs, the industry is steadily reducing dependence on a few traditional markets and broadening its global reach.
Market diversification has emerged as one of the most important shifts for the sector. Indian exporters are actively expanding into Latin America, Southeast Asia, and the Middle East, supported by stronger buyer relationships and improved access. At the same time, Indian jewellery brands are increasing their retail presence in overseas markets such as the UK, the US, and the Middle East, strengthening Brand India and global consumer confidence.
As the industry looks to capitalise on this evolving trade environment, IIJS Bharat Signature 2026, commencing on 8 January in Mumbai, provides a timely platform. As the first major global B2B jewellery trade fair of the year, IIJS brings together buyers, sellers, and international delegations, helping translate market access and diversification efforts into real business opportunities and setting the tone for the year ahead, a release said.
India’s Gems And Jewellery Sector diversifying; Eyes new frontiers via strategic FTAs
