India’s gems and jewellery industry took a forward-looking step on 7th October 2025, as NITI Aayog and the Gem & Jewellery Export Promotion Council (GJEPC) came together to explore strategies for strengthening the nation’s export position.
The interactive hybrid session, held at the Bharat Diamond Bourse (BDB) and attended by over 120 participants, brought together leading voices from government and industry. Mr. Sanjeet Singh, Senior Advisor at NITI Aayog, joined GJEPC leadership including Chairman Mr. Kirit Bhansali, Vice Chairman Mr. Shaunak Parikh, Convener of Audit & Finance Sub-committee Mr. Anoop Mehta, and Executive Director Mr. Sabyasachi Ray to exchange insights on shaping the sector’s next phase of growth.
Mr. Singh emphasised the need to address regulatory and tax barriers to enhance India’s trade relationships and strengthen the country’s identity as a global jewellery hub. “Our goal is to understand the industry’s real challenges and identify measures that can promote Brand India worldwide,” he noted.
With the sector facing evolving global trends and heightened competition, the collaborative study between NITI Aayog and GJEPC aims to identify policy-level solutions, streamline processes, and enhance export efficiency.
The consultation witnessed participation from more than 50 stakeholders joining virtually, ensuring a wide range of perspectives from across the gems and jewellery value chain. The insights gathered will serve as the foundation for a detailed report, expected to recommend actionable strategies to boost India’s export capabilities and reinforce its leadership in the global jewellery market.