Growth of Gems and Jewellery Industry in India

Growth of Gems and Jewellery Industry in India - Infographic

India鈥檚 gems & jewellery exports are expected to reach US$ 100 billion by 2027.

Advantage India

Growing
Demand

* In January 2026, Gold ETF alone saw inflows worth US$ 2.72 billion (Rs. 24,040 crore), which is nearly double of December’s US$ 1.32 billion (Rs. 11,647 crore). Meanwhile, silver ETFs recorded a US$ 1.07 billion (Rs. 9,463 crore) inflow, highlighting the rising interest of investors in exchange-traded products that are not equities.

* India’s gold ETF holdings increased significantly, crossing 110 tonnes in January 2026, compared to 77.3 tonnes in September 2025, supported by record inflows and strong investor participation.

Increasing
Investments

* Zeropearl VC led a US$ 0.65 million (Rs. 5.5 crore) pre-seed round in ONYA (Dec 2025 period), funding offline retail expansion and growth in India’s fast-growing lab-grown diamond jewellery segment.

* BlueStone invested US$ 2.83 million (Rs. 25 crore) in lab-grown diamond brand Ethera in Feb 2026, supporting store expansion, omnichannel growth, and scaling India’s emerging lab-grown jewellery segment.

* Cumulative FDI inflows in diamond and gold ornaments in India stood at Rs. 9,727.03 crore (US$ 1.52 billion) between April 2000-December 2025.

Policy
Support

* India allows 100% FDI under the automatic route in the gems and jewellery sector, including gold and diamond processing and trading, subject to applicable regulatory conditions.

* India’s CEPA with the UAE is expected to significantly boost gems and jewellery exports, with the industry targeting around US$ 70 billion in exports by 2030.

* Australia will eliminate tariffs on 100% of Indian exports from January 1, 2026, significantly boosting sectors like gems and jewellery under ECTA.

Attractive
Opportunities

* India’s gold demand is projected to remain in the range of 600–700 tonnes in 2026, with rising investment demand offsetting weaker jewellery consumption due to elevated gold prices.

Snapshot Showcase Infographics Reports

Last updated: Feb, 2026

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