India’s Gem and Jewellery Exports Rise 12.52% in August, Studded Gold Surges

India’s gem and jewellery exports continued positive momentum in the month of August, with gross exports rising 12.52 per cent year-on-year to Rs 21,945.87 crore, a report said on Saturday. The report from the Gem and Jewellery Export Promotion Council (GJEPC) said the month saw a marked shift toward value‑added jewellery, with studded gold jewellery exports surging 64.96 per cent to $642.85 million. The growth was driven by strong demand from the US, the UAE, Hong Kong, the UK, and France.

While cut and polished diamond exports remained under pressure in value terms, the volume of cut and polished diamonds exported increased from 12.94 lakh carats in August 2025 to 13.36 lakh carats in August 2026. Meanwhile, studded gold jewellery exports surged 51.22 per cent in US dollar terms, indicating growing demand for finished and value-added jewellery from the international markets.

“This shift towards value addition is significant for India’s gem and jewellery ecosystem, as more diamonds are being incorporated into finished jewellery within the country, creating greater value across the manufacturing chain and supporting employment and economic activity,” the report noted. “August’s export performance reflects the resilience and adaptability of India’s gem and jewellery industry.

The increase in diamond export volumes, along with the sharp growth in studded gold jewellery exports, highlights India’s growing ability to create greater value by transforming precious materials into finished jewellery,” said Kirit Bhansali, Chairman, GJEPC. Gold jewellery (plain and studded) exports increased 7 per cent to Rs 47,853.03 crore) during April–August 2026, the report noted. Plain Gold jewellery exports declined 11.44 per cent, studded gold jewellery exports grew 26.73 per cent while cut and polished diamonds exports declined 7.38 per cent Silver jewellery exports grew 35.57 per cent while platinum jewellery exports increased 19.67 per cent to Rs. 953.36 crore Polished lab-grown diamonds exports increased 11.76 per cent to Rs. 5,076.61 crore during April-August 2026, while the coloured Gemstones exports declined 1.92 per cent.

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