Gems and Jewellery Industry in India

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

Advantage India

Growing
Demand

* In July 2025, Indian gold ETF AUM reached Rs. 64,523 crore (US$ 7.5 billion) an 88% YoY increase, reflecting growing demand among retail investors.

* Total gold holding reached 66.7 tonnes, with two tonnes added in June 2025 and nine tonnes in H1 2025.

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. 12,337 crore (US$ 1,434 million) between April 2000-March 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.

Snapshot Showcase Infographics Reports

Last updated: Oct, 2025

Tribhovandas Bhimji Zaveri Limited

Tribhovandas Bhimji Zaveri Limited is engaged in the manufacturing/trading and selling of jewellery. The company offers a range of products including pendants, earrings, waist belts, watches, necklaces, bracelets, rings, and bangles. It offers products in categories including diamond and gold. It offers design for a range of cultural requirements including traditional Indian, western, and indo-western. The company offers festival and wedding jewellery, everyday wear jewellery and contemporary jewellery. Its collections include surprise collection, necklace collection and showstoppers collection. It operates approximately 32 stores in over 25 cities across the country. It has manufacturing units for diamond-studded jewellery at Kandivali, Mumbai.

Company Website

PC Jeweller Limited

PC Jeweller Limited is engaged in the business of manufacture, retail, and export of jewellery. It offers a range of products including 100% hallmarked gold jewellery, certified diamond jewellery and other jewellery, including silver articles, with a focus on diamond jewellery and jewellery for weddings. It sells jewellery through its online sale portal www.wearyourshine.com. Its jewellery category includes rings, earrings, pendants, mangalsutras, chains and necklaces, bangles and bracelets, and nose pins. It also offers platinum, gemstone, men, and kid's jewellery. It offers jewellery under various brands like PC Jeweller, Blue Nile, PNG Jewellers, Waman Hari Pethe, Asmi, Gili, Sangini, Nirvana, Nakshatra, Kama Jewellery, Flexia Jewellery, Sparkles, Candere, Diaashi Diamonds, Demira, Augrav, Urnish Jewellers, D'amor, Avsar, Ornomart, Dishi Somani, Charu Jewels, Jewels Forum, Aakanksha Rustagi, Prernaa Makhariaa, Aakarshan Jewellery, Monica Kapur and Vipin Rohilla.

Company Website

Titan Company Limited (Tanishq)

Titan Company Limited manufactures and retails jewellery and watches. It also produces perfume for both men and women. The company operates its jewellery division under the key brands such as Tanishq and Carat Lane.

Company Website