India’s Gold Import Duty Hike May Reduce Demand by 10% in 2026: WGC
World Gold Council says India’s increase in gold import duty from 6% to 15% could reduce 2026 jewellery and investment demand by 50-60 tonnes amid weaker sentiment and higher unofficial inflows.
GJC Opens Mumbai Office, Submits Gold Monetization Scheme Roadmap
The All India Gem & Jewellery Domestic Council inaugurated its Mumbai office on May 14 while urging industry support for revised gold duty measures and proposing a structured Gold Monetization Scheme roadmap.
Kirit Bhansali Appointed Nominee Director on IAGES Board
IAGES appointed GJEPC Chairman Kirit Bhansali as Nominee Director on May 11, 2026, adding industry and institutional experience to support the association’s objectives and sector development initiatives.
India’s KP Dialogue 2026 Focuses on Traceability, ESG and Consumer Confidence in Natural Diamonds
The Forum on KP Dialogue 2026, held at the Jio World Convention Centre, Mumbai, under India’s Kimberley Process Chairmanship 2026, discussed issues such as credibility, consumer confidence, compliance, and the evolving future of responsible natural diamonds, reports Khursheed Mistry.
Indian Institute of Gems & Jewellery Lab Launches Paraiba Origin Reports
Indian Institute of Gems & Jewellery Lab has introduced origin determination reports for Paraiba tourmalines, expanding its coloured gemstone certification services amid growing demand for provenance verification and standardized gemstone nomenclature.
India–New Zealand FTA Signed; Zero-Duty Access for Gems and Jewellery
India and New Zealand signed a Free Trade Agreement on April 27, 2026, in New Delhi, enabling zero-duty access for Indian jewellery exports and phased tariff concessions on select imports.
De Beers Group, GJEPC Launch Natural Diamond Promotion Through Cricket Broadcasts
De Beers Group, GJEPC and JioStar have launched a natural diamond promotion campaign during India’s cricket season, integrating jewellery styling, player-led storytelling and branded segments to strengthen consumer engagement.
Finance Minister unveils IIGJ Udupi as gem and jewellery skill development centre
Finance Minister Nirmala Sitharaman inaugurated IIGJ Udupi on April 28, in Karnataka, highlighting skilling, employment and industry-led training, while IIGJ signed an MoU with IIT Madras for lab-grown diamond certification.
India–New Zealand FTA to drive gem and jewellery exports to $ 50 million
GJEPC says India–New Zealand FTA signed on April 27, 2026 will enable zero-duty access, supporting export growth from $ 16.61 million to $ 50 million within three years.
India gem and jewellery exports at $27.72 billion in FY26
India’s gem and jewellery exports totalled $27.72 billion in FY2025–26, reflecting a structural shift towards diversified markets and value-added segments amid global uncertainties and declining dependence on the US market.
IGJS Jaipur 2026 draws 230+ international buyers across 30 countries
GJEPC’s IGJS Jaipur 2026, held April 9–11 in Jaipur, hosts 85 companies and over 230 global buyers, reinforcing India’s sourcing position amid geopolitical shifts and evolving trade dynamics.
Bharat Diamond Bourse hosts Leadership Series with MUBRI and WGC executives
Bharat Diamond Bourse organized a Leadership Series session in Mumbai featuring MUBRI President Ali Pastorini and WGC India CEO Sachin Jain, addressing Latin America demand, trade barriers, and domestic market outlook.
GJS April 2026 records 9,000 visitors with 350 exhibitors in Mumbai
All India Gem and Jewellery Domestic Council concluded GJS April 2026 in Mumbai on April 7, reporting 350 exhibitors, 650 booths and 9,000 visitors, driven by Akshay Tritiya demand and industry participation.
GIA Appoints John Cowley as Chief Financial Officer
GIA has appointed John Cowley as CFO effective April 6, 2026, succeeding David Tearle, who will retire June 30 after 17 years, ensuring leadership continuity and financial oversight.
GJS April 2026 to Open with Chandrashekhar Bawankule; GJC Unveils ‘Akshay Kala’ Theme
GJC will host the 9th GJS from April 4–7 in Mumbai with over 400 exhibitors, Manthan conclave, Mindspeak seminars, and Chief Guest Chandrashekhar Bawankule anchoring the opening.
