In a high-octane celebration of India’s gem and jewellery export excellence, the Gem & Jewellery Export Promotion Council (GJEPC) held the coveted 52nd India Gem & Jewellery Awards (IGJA), with Shri Amit Shah, Hon’ble Union Minister of Home Affairs and Minister of Cooperation, as the Chief Guest.
The high-profile event brought together an eminent gathering of national and state leaders, policymakers, parliamentarians and industry stalwarts. Shri Devendra Fadnavis, Hon’ble Chief Minister of Maharashtra, Shri Eknath Shinde, Deputy Chief Minister of Maharashtra and Shri Harsh Sanghavi, Hon’ble Deputy Chief Minister of Gujarat, graced the occasion alongside Adv. Ashish Minal Babaji Shelar, Hon’ble Minister of Electronics, Information Technology and Artificial Intelligence Department, Government of Maharashtra and Shri Govind Dholakia, Member of Parliament, Rajya Sabha.
The dignitaries were joined by senior GJEPC office-bearers and industry leaders, including Shri Kirit Bhansali, Chairman, GJEPC; Shri Shaunak Parikh, Vice Chairman, GJEPC; Shri Anoop Mehta, President, Bharat Diamond Bourse; Shri Mansukh Kothari, Convener, Events, GJEPC, Shri Anil Virani, Convener, Audits & Finance, GJEPC and, Smt Khushboo Ranawat, Regional Chairman, Western Region, GJEPC, were present.
The presence of such distinguished national and state leadership underscored the growing strategic importance of the gem and jewellery sector to India’s exports, manufacturing, employment and global trade ambitions.
The event was Powered by GIA, with the World Gold Council as Gold Partner. It was Co-partnered by Vaibhav Global Limited, Kiran Gems, Ferrari Logistics, Dhanera Diamonds and Aigiri Jewels. The prestigious ceremony witnessed a grand turnout on the afternoon of 13 September 2026 at the Bharat Diamond Bourse (BDB), Mumbai, as the industry came together to celebrate and honour its leading export performers.
Shri Amit Shah, Hon’ble Union Minister of Home Affairs and Minister of Cooperation, said, “India has the infrastructure, capital, capability and entrepreneurs to become the world’s gems and jewellery hub. As the diamond trade evolves, the time has come to think beyond speed and focus on scale. Lab-grown diamonds present a major opportunity. India must build the entire value chain, from manufacturing and technology to jewellery, branding and retail, and develop Indian brands with a global presence. The Government of India, along with the governments of Maharashtra and Gujarat, is ready to provide the support required. I see a very bright future for this industry, and the time has come for India to emerge as a global leader in diamonds and jewellery.”
Shri Devendra Fadnavis, Hon’ble Chief Minister of Maharashtra, stated, “India’s gems and jewellery industry makes a significant contribution to the country’s exports and economic growth, with Maharashtra and Mumbai playing a leading role. The ecosystem created here, particularly at Bharat Diamond Bourse, has brought together traders, artisans and employees as one large industry family. Our aim is to support this industry through the state’s policies and infrastructure. The new jewellery policy introduced in 2025 includes provisions to strengthen the sector, recognising its contribution to both the economy and employment. We are also developing a modern jewellery ecosystem in Navi Mumbai, with the potential to attract ₹1 lakh crore in investment and generate 50,000 jobs.”
Speaking on the occasion Shri Eknath Shinde, Deputy Chief Minister of Maharashtra, noted, “More than 50 lakh people are engaged in the sector across the country, and the industry has established India as a strong player in global trade, with Maharashtra and Mumbai accounting for more than 50% of the country’s total gem and jewellery exports. The Bharat Diamond Bourse in Mumbai is a major global centre for diamond trade. As India moves towards the vision of becoming a Viksit Bharat by 2047, the gem and jewellery industry has a very important role to play. I am confident that our industry members will continue to work hard, take the sector to greater heights and contribute even more to India’s growth story.”
In his address, Shri Kirit Bhansali, Chairman, GJEPC said, “Over the past four to five years, the gems and jewellery industry has faced significant challenges, from geopolitical tensions and tariff pressures to softer demand in key markets. Yet the industry has responded by exploring new markets, adopting technology and increasing value addition. The resilience of India’s gems and jewellery exports is a testament to that commitment.
“The partnership between the Government and industry has been critical. Policy measures, new trade agreements and support for emerging sectors such as lab-grown diamonds are creating new opportunities and strengthening India’s position in global markets.
“Our next chapter must focus on design, innovation and value addition, using India’s strengths in traditional craftsmanship and technology to build globally recognised brands. The upcoming India Jewellery Park in Navi Mumbai and other industry initiatives will further strengthen this ecosystem.
“For us, growth is about more than trade. The true strength of this industry lies in its commitment to giving back to society. As we look towards a developed India, we must work together to take Indian gems and jewellery to a larger global audience.”
Mansukh Kothari, Convener, Events, GJEPC said, “India has taken historic strides under the visionary leadership of Hon’ble Prime Minister Shri Narendra Modi ji, strengthening the nation and inspiring confidence across the world. For the gem and jewellery industry, the Government’s progressive policies and reforms have opened new opportunities, enabling us to compete more strongly in global markets.
“We remain committed to contributing to the vision of a Viksit Bharat by 2047 and taking India’s gem and jewellery sector to even greater heights.”
The 52nd IGJA celebrated the extraordinary achievements, resilience and nation-building contribution of India’s gem and jewellery industry, recognising companies and individuals who have demonstrated excellence across the breadth of the sector.
The awards come at an important juncture for the industry. Despite continued global macroeconomic uncertainty and geopolitical turbulence, India’s gem and jewellery exports demonstrated resilience, recording US$27.72 billion in FY 2025–26, broadly maintaining the previous year’s levels through agile utilisation of FTAs, market diversification and increased value addition.
Building on this resilience, GJEPC has set an ambitious vision of taking India’s gem and jewellery exports to US$100 billion by 2040, aligned with the Hon’ble Prime Minister Shri Narendra Modi’s vision of Viksit Bharat 2047.
The ambition reflects a broader transformation underway in the sector—from India’s traditional strength as a global manufacturing base towards becoming a comprehensive global hub for design, innovation, technology, luxury, value addition and international trade.
Celebrating Excellence Across the Industry
Established in 1974, the IGJA has, for more than five decades, has recognised the entrepreneurial spirit, resilience and excellence of India’s gem and jewellery exporters and their contribution to the sector’s remarkable growth. Over the years, the awards have evolved to reflect the changing priorities and achievements of the industry, expanding beyond export performance to recognise social responsibility, employment, silver jewellery, coloured gemstones, costume and fashion jewellery, innovation, woman entrepreneurship, best bank supporting the industry, and other areas of excellence.
The awards also recognised individual contribution, entrepreneurial excellence and industry leadership, celebrating those whose achievements have helped strengthen India’s position in the global gem and jewellery ecosystem.
Special Recognition Award
The Special Recognition Award was presented to Shri Arvind Chhotalal Parikh, Partner, Crystal Diamonds, in recognition of his more than seven decades of contribution and service to the diamond industry.
Lifetime Achievement Award
The Lifetime Achievement Award was presented to Shri Vallabhbhai Patel, Founder, Kiran Gems, recognising his remarkable entrepreneurial journey, business achievements, resilience and contribution to society and the gem and jewellery industry.
The 52nd IGJA was more than an awards evening—it was a powerful reflection of an industry that is resilient in the face of global uncertainty, ambitious in its growth aspirations and increasingly central to India’s global economic story.
With national and state leadership joining the industry on one platform, the occasion reinforced the sector’s commitment to greater exports, value addition, innovation, employment generation and global competitiveness, as India moves towards its larger goal of becoming a Viksit Bharat by 2047.
Winners List:
| Indian Gems & Jewellery Awards 2025 | ||
| Sr. No. | Name of the Award | Name of Winner |
| 1 | Highest Taxpayer Company | Emerald Jewel Industry India Ltd., |
| 2 | Highest Turnover | Kiran Gems Pvt Ltd |
| 3 | Highest Employment on the company rolls | Kira Diam Tech Private Limited |
| 4 | Cut & Polished Diamonds (Small) (Export Below Rs. 250 Crore) | Kumbh Gems |
| 5 | Cut & Polished Diamonds (Medium) (Exports Above Rs. 250 Crore up to Rs 1000 Crore) | Dhanera Diamonds |
| 6 | Cut & Polished Diamonds (Large) (Exports Rs. 1000 Crore & above) | Kiran Gems Pvt Ltd |
| 7 | Precious Metal Jewellery – Plain (Large) (Exports Above Rs. 250 Crore) | Hasmukh Parekh Jewellers |
| 8 | Precious Metal Jewellery – Plain (Medium) (Exports Above Rs. 100 Crore up to Rs 250 Crore) | Ashok Jewels Private Limited |
| 9 | Precious Metal Jewellery – Studded (Large) (Exports Rs. 500 Crore & above) | H.K. Designs (India) LLP |
| 10 | Precious Metal Jewellery – Studded (Medium) (Exports Above Rs. 100 Crore up to Rs 500 Crore) | Vaibhav Global Ltd |
| 11 | Precious Metal Jewellery – Plain & Studded (SME) (Export Below Rs. 100 Crore) | Cadas Gold And Diamonds |
| 12 | Silver Jewellery | Renaissance Global Limited |
| 13 | Cut & Polished Coloured Gemstones | Vaibhav Global Ltd |
| 14 | Costume/ Fashion Jewellery | Amrapali Worldwide LLP |
| 15 | Cut & Polished Synthetic Stones | RMC Gems India Limited |
| 16 | Lab Grown Diamond (Highest export) | Greenlab Diamonds LLP |
| 17 | Most Socially Responsible Company (CSR) | Vaibhav Global Ltd |
| 18 | Award for Best innovative Marketing and Branding campaign overseas | Kiran Gems Pvt Ltd |
| 19 | Highest Gems and Jewellery Sales (Importer) – USA & Canada | Kiran Gems USA INC |
| 20 | Highest Gems and Jewellery Sales (Importer) – Asia (other than India & Middle East) | Kiran Exports (Hong Kong) Limited |
| 21 | Highest Gems and Jewellery Sales (Importer) – Europe | Kiran Exports NV |
| 22 | Highest Gems and Jewellery Sales (Importer) – Middle East | Kiran Gems DMCC |
| 23 | Woman Entrepreneur of the year | Mrs. Debra Ann Nishimura |
| 24 | Best Bank Financing the Industry (Highest Growth of limit sanctioned with Minimum base of Rs 500 crore) | Induslnd Bank |
| 25 | Special Recognition Award | Mr. Arvind Chhotalal Parikh, Partner, Crystal Diamonds |
| 26 | Lifetime Achievement Award | Mr. Vallabhbhai Patel, Founder, Kiran Gems |
| 27 | Employee Long Service Awards | Mr. Alfred Cyril |
| 28 | Employee Long Service Awards | Ms. Naheed Sunke |
| 29 | Employee Long Service Awards | Mr. Prashant Bhatt |
| 30 | Employee Long Service Awards | Mr. Selvam Subbiah |