MUMBAI: Gems and jewellery exports grew 4% year-on-year to $2,681 million (Rs 24,340 crore) in Feb, following the industry’s diversification into other markets, according to the Gem and Jewellery Export Promotion Council (GJEPC).Overall exports stood at $2,581 million (Rs 22,460 crore) in same month of 2025, GJEPC data showed. “Past year has been challenging for global gem and jewellery industry, shaped by evolving US tariff policies, geopolitical uncertainties, and changing consumer preferences across key markets. Despite headwinds, the Indian gem and jewellery sector has demonstrated remarkable resilience,” GJEPC chairman Kirit Bhansali said.
Exporters have diversified markets, strengthening presence across destinations.
