India’s Gem and Jewellery Exports Surge 26.5% in June 2026

India’s gem and jewellery exports recorded strong growth in June 2026, supported by improving overseas demand, lower gold prices and the competitiveness of domestic manufacturers.

According to the Gem and Jewellery Export Promotion Council, gross exports rose 26.51% year-on-year to ₹20,774 crore, equivalent to about US$2.21 billion. The performance highlighted the resilience of one of India’s most important export-oriented manufacturing industries.

A 10.28% month-on-month decline in international gold prices helped reduce raw-material costs and enabled Indian exporters to offer more competitive products in global markets. Gold jewellery emerged as the strongest segment, with exports increasing 54.50% to ₹10,246 crore, or approximately US$1.09 billion.

Studded gold jewellery exports registered an even sharper rise of 85.35%, indicating strong demand for higher-value and design-intensive products. Cut and polished diamond exports grew 8.71%, while platinum jewellery shipments increased 34.77%.

India’s emerging lab-grown diamond industry also performed strongly, with polished lab-grown diamond exports rising 52.25% during the month. The growth reflects expanding international acceptance of lab-grown stones and India’s established capabilities in diamond cutting, polishing and jewellery manufacturing.

Exports of silver jewellery and coloured gemstones declined during June, although gains in gold, diamonds, platinum and lab-grown products helped maintain the sector’s overall momentum.

For the April–June 2026 quarter, total gem and jewellery exports remained broadly stable at ₹62,134 crore, or about US$6.61 billion. Continued recovery in major overseas markets, favourable commodity prices and India’s large skilled workforce are expected to support the industry in the coming months.

The export increase also carries wider economic importance. India’s gem and jewellery sector supports manufacturers, traders, designers, exporters and lakhs of skilled artisans across major production centres such as Surat, Mumbai, Jaipur, Kolkata and Coimbatore. Stronger exports can therefore contribute to employment, foreign-exchange earnings and the expansion of India’s value-added manufacturing base.