At SPIEF, industry leaders pitch India as both a manufacturing and consumption powerhouse

India’s gems and jewellery sector faced a sharp setback in May 2025, with exports falling by 15.81% year-on-year. New US tariff measures and weak global demand hit key segments like cut and polished diamonds and lab-grown diamonds, even as gold jewellery showed positive growth amid geopolitical uncertainties

In a significant step toward expanding its national footprint, Shringar House of Mangalsutra Limited, India’s leading name in mangalsutra manufacturing, has inaugurated its first branch office in North India

Bharat Diamond Bourse (BDB) recently hosted Shri Pravinbhai G. Mali, Hon’ble MLA of Deesa, Banaskantha District, Gujarat, for an official visit on June 16, 2025. The visit served as an opportunity for the MLA to engage with industry leaders, understand the functioning of the world’s largest diamond trading hub, and acknowledge the significant contribution of members from Deesa to the diamond trade ecosystem

Marking a significant return to the fine jewellery space, digital jewellery pioneer Rupesh Jain has unveiled Lucira, a contemporary lab-grown diamond brand that redefines luxury through the lens of sustainability and everyday elegance

In response to record-high gold prices and evolving consumer preferences, PN Gadgil Jewellers has launched a new sub-brand, Litestyle, focused on lightweight and lower-carat jewellery

The omnichannel jewellery brand sees a 30% jump in valuation through secondary transactions led by 360 One and Centrum Wealth, setting the stage for a high-profile IPO. Early investor RB Investments will exit with a 10–12x return.

Lotus Arts de Vivre, the heritage luxury house known for its opulent handcrafted pieces, has unveiled a radiant new collection dedicated to pearls — timeless symbols of elegance and refinement. Titled A Season of Pearls, the curation spans intricately designed jewellery and home décor, exemplifying the brand’s commitment to craftsmanship, cultural legacy, and artistic sophistication

Kalyan Jewellers has reopened its newly redesigned showroom in Bhubaneswar, unveiling a refreshed shopping experience with an expanded range of collections and contemporary interiors. The relaunch aims to blend tradition with modernity while enhancing customer convenience and comfort

India: Lab-grown diamond jewellery brand Aukera has announced the launch of two new retail outlets in Greater Noida and Bangalore, reinforcing its rapid growth and strong positioning in the emerging segment of sustainable luxury

The Gem & Jewellery Export Promotion Council (GJEPC) held a special Hindi language initiative across its offices nationwide, aiming to boost the use of Hindi in official communication among its employees

India’s gems and jewellery industry is on a strong growth trajectory, with the market projected to reach USD 168.62 billion by 2030, up from USD 100.94 billion in 2024, according to a new report by TechSci Research. Anchored in cultural tradition and fuelled by rising disposable incomes, the sector continues to thrive despite global headwinds

Direct-to-consumer jewellery brand GIVA is gearing up to raise Rs. 450 crore in fresh capital as it looks to expand its retail footprint and diversify offerings. The new funding round is being led by Creaegis, which will invest Rs. 235 crore, with participation from existing investors including Premji Invest, Epiq Capital, Edelweiss Discovery Fund, and Usha Dalmia Trust

The International Institute of Gemology (IIG) has been awarded the prestigious Industry Excellence Award at the Auguste Piccard Awards, marking a defining moment for India’s gemological education on the global stage