India’s gem exports rise 3.14% in August as studded gold jewellery shipments surge
Key Highlights
- Demand from the US, Hong Kong, Singapore, the UK and France supported the growth.The increase was led 22% to $642.85 million (Rs 6,137.81 crore).
- Plain gold jewellery, in contrast, saw exports fall 23.90% to $356.97 million (Rs 3,408.32 crore).Rising gold prices and limited availability of duty-free gold for exporters weighed on plain jewellery shipments.
- However, the volume of exports increased 3.23%, with shipments rising to 13.36 lakh carats from 12.94 lakh carats in August 2025.Other jewellery categories recorded mixed results.
The Indian gem and jewellery industry has posted a significant 3.14% year-on-year increase in exports to $2.30 billion (Rs 21,945.87 crore) in August. Driven The Gem and Jewellery Export Promotion Council (GJEPC) attributed the growth to increased demand from key markets such as the US. Hong Kong, Singapore, the UK, and France.
Segment Gold Jewellery That Includes
The segment of gold jewellery that includes studded pieces has emerged as a strong performer in August. With exports increasing 11.81% year-on-year to $999.83 million (Rs 9,546.12 crore). This growth was largely driven 85 million (Rs 6,137.81 crore) in August.
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In contrast, plain gold jewellery exports fell 23.90% to $356.97 million (Rs 3,408.32 crore), weighed down.
The sharp increase in gold prices in August. From $4,073.92 per ounce in July 2026 to $4,410.89 per ounce, has put pressure on the competitiveness of plain gold jewellery exports. The resulting increase in input costs has made it challenging for exporters to maintain their market share.
Despite this, the industry remains optimistic about its prospects, driven.
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Other Jewellery Categories Recorded Mixed
Other jewellery categories recorded mixed results in August. Silver jewellery exports fell 39.66% to $86.68 million (Rs 827.20 crore). Meanwhile, polished lab-grown diamond exports increased 28.45% to $125.17 million (Rs 1,195.18 crore).
Coloured gemstone exports also saw a rise of 34.40%, reaching $49.07 million (Rs 468.78 crore). The growth in these categories is attributed to strong demand from various markets, including Hong Kong, Israel, Thailand, Russia, and Canada.
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I write about the forces shaping business and the global economy, from startup growth and changing markets to international trade and policy. My work focuses on breaking down complex developments into clear, practical insights and understanding what they could mean for businesses, investors, and the wider economy.
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