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India’s gem and jewellery manufacture continues to show singular resilience and a tone of innovation, said Kirit Bhansali, president of the Gem and Jewellery Export Promotion Council (GJEPC), astatine the inauguration of the 4th variation of IIJS Bharat-Tritiya 2026 astatine Bengaluru International Exhibition Centre (BIEC) present connected Saturday, March 21.
Speaking astatine the opening league of GJEPC’s yearly expo here, Mr. Bhansali said reaching ₹2.28 lakh crore successful exports with implicit 4% maturation betwixt April 2025 and February 2026, contempt a 44% dip successful accepted markets similar the U.S. was a testament to the industry’s successful strategy of marketplace diversification.
“With our home marketplace projected to scope $130 cardinal by 2030 and caller FTAs unlocking doors successful the UAE, Australia and beyond, we are not conscionable navigating challenges, we are redefining them,’’ helium added.
According to GJEPC, the expo, a B2B jewellery commercialized show, serves arsenic a strategical sourcing gateway for the upcoming festive and wedding seasons, bringing unneurotic the full jewellery ecosystem.
Speaking connected the occasion, Gunjan Krishna, commissioner for Industrial Development and manager of Industries and Commerce, Government of Karnataka, said, “While India already dominates the diamond market, our adjacent leap indispensable beryllium into the high-end luxury space, leveraging our affluent tapestry of heritage, from confederate temple styles to bluish polki. As the manufacture navigates planetary volatility, we indispensable absorption connected design-led worth summation and gathering homegrown luxury labels.’’
Supported by the Government of Karnataka and the Ministry of Commerce and Industry, the 2026 variation of the expo features implicit 1,100 exhibitors crossed implicit 1,900 stalls.
