{"id":38514,"date":"2026-10-14T16:45:53","date_gmt":"2026-10-14T11:15:53","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=38514"},"modified":"2026-10-14T16:45:53","modified_gmt":"2026-10-14T11:15:53","slug":"indias-gem-jewellery-exports-continue-to-grow-rising-9-43-to-us-2-95-billion-in-september-2026","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/indias-gem-jewellery-exports-continue-to-grow-rising-9-43-to-us-2-95-billion-in-september-2026\/","title":{"rendered":"India\u2019s Gem & Jewellery Exports Continue to Grow, Rising 9.43% to US$ 2.95 Billion in September 2026"},"content":{"rendered":"

India\u2019s gem and jewellery exports continued their growth trajectory in September 2026, with gross exports rising 9.43% in US dollar terms and 18.24% in rupee terms year-on-year to US$ 2.95 billion (Rs. 28,157.55 crore), compared to US$ 2.70 billion (Rs. 23,813.91 crore) in September 2025.<\/p>\n

For April\u2013September 2026, India\u2019s gross gem and jewellery exports reached US$ 14.30 billion (Rs. 136,068.27 crore), registering growth of 3.07% in US dollar terms and 13.40% in rupee terms over the corresponding period last year. The performance reflects continued export growth despite global uncertainties, with strong gains in studded gold jewellery, silver jewellery and polished lab-grown diamonds helping support the sector.<\/p>\n

Commenting on the export performance, Kirit Bhansali, Chairman, GJEPC, said, \u201cThe 9.43% growth in exports in September and the 3.07% increase during the first half of FY2026\u201327 are encouraging, demonstrating that India\u2019s gem and jewellery exports continue to grow despite an uncertain global trade environment.<\/p>\n

Studded gold jewellery has emerged as a strong performer, with exports growing 31.31% in US dollar terms to US$ 3.69 billion during April\u2013September 2026. The growth reflects the benefits of improved trade access under the India\u2013UK trade agreement and reduced US tariffs, alongside strong performance in key markets such as Hong Kong, Singapore and France.<\/p>\n

Gold prices rose 31.17% in US dollar terms to US$ 4,415.70 per troy ounce during April\u2013September 2026, compared to US$ 3,366.44 per troy ounce in the corresponding period last year.<\/p>\n

\u201cThe sharp rise in gold prices has added to the challenges facing plain gold jewellery exports, which declined 8.81% to US$ 2.53 billion. Demand and market conditions remain challenging, particularly in the Middle East, an important destination for plain gold jewellery exports.\u201d<\/p>\n

\u201cCut and polished diamonds are showing encouraging signs, with prices improving in recent months and export volumes increasing 4.64% to 83.98 lakh carats during April\u2013September 2026. In value terms, exports stood at US$ 5.81 billion, decline of 6.96%, however, recorded 2.31% growth in rupee terms. The rise in export volumes, coupled with improving diamond prices and positive growth in rupee terms, signals a gradual recovery in the cut and polished diamond segment.<\/p>\n

\u201cPolished lab-grown diamonds have also delivered positive results, with exports growing 17.08% to US$ 685.10 million, supported by steady prices. Silver jewellery exports rose 23.10%, reflecting growing demand for higher-value, design-led collections in international markets. These trends highlight the industry\u2019s ability to adapt to changing market conditions through product innovation, value addition and market diversification. We remain optimistic that these positive developments will help sustain export growth in the coming months.\u201d<\/p>\n

April\u2013September 2026: Product-wise Export Performance<\/strong><\/p>\n