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India’s gem and jewellery exports rose 15.98% year-on-year to $2,178.24 million (₹18,756.28 crore) in July, driven by robust order bookings and a rebound in the Hong Kong market, the Gem and Jewellery Export Promotion Council (GJEPC) said on Wednesday.
Exports stood at $1,878.09 million (₹15,700 crore) in July 2024, according to GJEPC data.
“The July exports are an encouraging sign. The growth came from substantial orders booked during the India International Jewellery Show (IIJS) Premiere and a strong Hong Kong market recovery. This is heartening, especially amid global challenges such as the US tariffs,” GJEPC chairman Kirit Bhansali said. The recently concluded IIJS Premiere 2025 generated estimated orders worth ₹70,000-90,000 crore.
