Growth of Gems and Jewellery Industry in India - Infographic

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

Advantage India

Growing
Demand

* On October 31, 2025, India’s gold exchange-traded funds (ETFs) surpassed Rs. 1,00,000 crore (US$ 11.80 billion) in Assets Under Management (AUM) with net inflows of over Rs. 27,500 crore (US$ 3.05 billion) and a surge in investor participation, reflecting widening investor interest and diversification.

* Total gold holding reached 77.3 tonnes till September 2025, with 7.3 tonnes added in the same month.

Increasing
Investments

* RBI’s gold purchases reached 57.5 tonnes in FY25 and was the second highest purchase in seven years from December 2017.

* Malabar Gold & Diamonds has opened its largest jewellery manufacturing facility in Hyderabad with an investment of Rs. 1,000 crore (US$ 116 million).

* Cumulative FDI inflows in diamond and gold ornaments in India stood at Rs. 13,273 crore (US$ 1.47 billion) between April 2000-June 2025.

Policy
Support

* The Government has permitted 100% FDI under the automatic route in this sector.

* India has signed an FTA with UAE which will further boost exports and is expected to reach the target of US$ 52 billion.

* India has signed Economic Cooperation and Trade Agreement (ECTA) with Australia.

* The India-UK Free Trade Agreement is expected to more than double India's gems and jewellery exports to the UK, reaching Rs. 21,183 crore (US$ 2.5 billion) within the next two years.

Attractive
Opportunities

*India’s gold demand stood at 135 tonnes in Q2 2025 with full year forecast ranging between 600 to 700 tonnes, displaying opportunities for the sector to tap into the growing demand.