The demand for jewelery made in the country is now increasing rapidly in foreign countries also. The figures that have come out related to jewelery made of diamonds and other gems show that despite the challenges of the global economy, there has been no decrease in people’s interest in jewellery. Data from June 2025 to June 2026 show that the demand for jewelery has increased by about 35 percent.
This is a good sign for the country’s economy. Amidst the unstable economy of the world, India is continuously doing big business in the field of jewelery and gems. The increase in India’s exports can bring good days for many sectors dependent on jewelery trade. Foreign currency is coming into the country from jewellery.
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What are the statistics saying?
According to the Ministry of Commerce and Industry, if we compare June 2025 to June 2026, this increase is about 35 percent. The real figure is 34.64 percent. Last year, India sold jewelry and gems worth about $1.79 billion. In Indian rupees this amount is around Rs 15 thousand crores.
By June the figures increased further and this earning increased to 2.41 billion dollars. Earnings reached around Rs 20,000 crore. Within just one year, India made profits worth more than Rs 5,000 crore by selling jewelery and gems across the world.
Where has the demand for Indian jewelery increased?
Jewelery trade in India is centuries old. Crores of people depend on this trade in direct and indirect ways. If exports increase, more work and better earning opportunities will be created. Demand for Indian jewelery is increasing in America, Europe and Middle East.
How is the Indian jewelery market improving?
Data from the Indian Brand Equity Foundation (IBEB) shows that in January 2026, there was an investment of $ 2.72 billion in gold exchange traded funds (ETFs). ETF is a fund which you can buy and sell instantly in the market like shares. This amount is around Rs 24,040 crore. This is almost double compared to December. Investments worth $1.07 billion also came in silver ETFs. This amount is around Rs 9,463 crore.
According to the IBEB report, investors are now showing interest in this sector apart from shares. The holding of gold ETFs in India crossed 110 tonnes in January 2026, while it was 77.3 tonnes in September 2025. Record investment and increasing participation of people have made this possible.
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How is the jewelry business growing?
The demand for lab-grown diamond jewelery has also increased rapidly in the world. According to the IBEB report, the total FDI in diamond and gold jewelery from April 2000 to December 2025 has come to Rs 9,727 crore. This amount is around 1.52 billion dollars. The government has made 100 percent FDI easy in this sector. More business may increase in this sector after agreements with UAE and Australia. The government has set a target of exports of 70 billion dollars by 2030.
How big is India’s jewelery market?
India’s jewelery market was worth Rs 7.31 lakh crore in January 2026. About 85 billion dollars. By 2030 it will increase to Rs 11.18 lakh crore. If there is a market of 130 billion dollars then it will prove to be revolutionary for India.
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Which Indian brands are famous in the world?
Titan had launched a lab grown diamond brand ‘Bayon’ in January 2026 itself. Limeline Diamond is going to open more than 100 stores in 2026. Brands like Gargi and Sabyasachi are also expanding their reach. IIT is being helped for research in lab-grown diamond.
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