India’s gem and jewellery exports registered a remarkable 26.5% year-on-year growth in June 2026, signaling a strong recovery in global demand and reinforcing India’s position as one of the world’s largest jewellery manufacturing and export hubs.
According to the Gem & Jewellery Export Promotion Council (GJEPC), total gross exports reached ₹20,774 crore (US$2.21 billion) during June 2026, supported by rising international orders, lower gold prices, and improved export competitiveness.
A key catalyst behind this growth was the 10.28% month-on-month decline in global gold prices, which reduced production costs for manufacturers and enabled Indian exporters to offer more competitive pricing across global markets.
The performance reflects growing confidence among international buyers and highlights the resilience of India’s jewellery industry despite ongoing global economic uncertainties.
Key Highlights
- Gem & Jewellery exports increased 26.51% YoY
- Total exports reached ₹20,774 crore (US$2.21 billion)
- Gold jewellery exports surged 54.5%
- Studded gold jewellery exports jumped 85.35%
- Cut & polished diamond exports grew 8.71%
- Platinum jewellery exports increased 34.77%
- Lab-grown polished diamond exports rose 52.25%
- Global gold prices declined 10.28% MoM, boosting competitiveness
- April–June FY27 exports remained stable at ₹62,134 crore (US$6.61 billion)
India's Gem & Jewellery Export Performance – June 2026
Segment
Growth (YoY)
Performance
Total Gem & Jewellery Exports
26.51%
Strong Growth
Gold Jewellery
54.50%
Excellent
Studded Gold Jewellery
85.35%
Highest Growth
Cut & Polished Diamonds
8.71%
Positive
Platinum Jewellery
34.77%
Strong
Lab-Grown Diamonds
52%
Rapid Growth
Silver Jewellery
Declined
Weak
Coloured Gemstones
Declined
Weak
Why Exports Increased
Several factors contributed to June’s strong export performance:
Lower Gold Prices
A significant decline in international gold prices reduced input costs, allowing exporters to improve margins while offering competitive prices to overseas buyers.
Rising Global Demand
Demand strengthened across key export destinations, particularly for premium gold jewellery, studded jewellery and lab-grown diamonds.
India’s Manufacturing Strength
India continues to leverage its skilled workforce, modern manufacturing capabilities and integrated supply chain to remain one of the world’s leading jewellery exporters.
Growing Acceptance of Lab-Grown Diamonds
Global consumers increasingly prefer sustainable and affordable alternatives, resulting in strong demand for Indian lab-grown polished diamonds.
Quarterly Export Performance
Although June recorded impressive growth, exports during the first quarter (April–June 2026) remained broadly stable.
Period
Export Value
April–June 2026
₹62,134 Crore
USD Value
US$6.61 Billion
The stable quarterly performance indicates sustained international demand despite fluctuations in commodity prices.
What This Means for India's Economy
The export growth is expected to deliver multiple benefits:
- Higher foreign exchange earnings
- Increased employment for artisans and jewellery manufacturers
- Improved export competitiveness
- Stronger position in the global jewellery supply chain
- Increased investment in jewellery manufacturing and exports
- Better opportunities for MSMEs and exporters
Industry Outlook
Industry experts expect export momentum to continue over the coming months, supported by:
- Stable global demand
- Favorable commodity prices
- Expansion into new international markets
- Growing popularity of lab-grown diamonds
- Government initiatives supporting exports
- India's leadership in jewellery manufacturing
If global economic conditions remain supportive, India’s gem and jewellery exports could maintain strong growth throughout FY27.
FAQs
Why did India's gem and jewellery exports increase in June 2026?
India’s gem and jewellery exports rose 26.51% due to stronger global demand, lower international gold prices, and improved export competitiveness.
What was India's gem and jewellery export value in June 2026?
India exported ₹20,774 crore (US$2.21 billion) worth of gems and jewellery in June 2026.
Which jewellery segment recorded the highest growth?
Studded gold jewellery recorded the highest growth, increasing 85.35% year-on-year, followed by gold jewellery exports, which rose 54.5%.
How did lab-grown diamonds perform?
Exports of polished lab-grown diamonds increased 52.25%, reflecting rising global demand for sustainable and cost-effective alternatives.
What is driving future export growth?
Future growth is expected to be supported by lower commodity prices, stronger international demand, India’s manufacturing capabilities, and expanding global acceptance of lab-grown diamonds.
