GJEPC Charts $100 Billion Export Vision for India's Gem & Jewellery Sector at select industry sectors meet chaired by PM NARENDRA MODI

Kirit Bhansali, Chairman, Gem and Jewellery Export Promotion Council (GJEPC), was invited to attend the meeting organised with selected representatives of various industry sectors that contribute majorly to India's merchandise exports chaired by Prime Minister Narendra Modi at New Delhi, on 3rd November 2025.

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Kirit Bhansali was representing the Gems and Jewellery sector that contributes 7% to India's Merchandise Exports. The meeting was convened to seek inputs from leading export sectors on measures to strengthen India's competitiveness in global trade.

Utilizing the opportunity to speak at the occasion, Bhansali presented key Policy Reforms on behalf of the gems and jewellery sector, which contributes US$30 billion in exports, US$85 billion in domestic sales, and provides direct employment to over 42 lakh people across India.

He thanked the Prime Minister for his visionary leadership behind the India-UAE CEPA, which greatly boosted India's gems and jewellery exports, with plain gold jewellery growing 47.4% annually between FY2023 and FY2025. Bhansali also lauded the FTAs with the UK, Australia, and EFTA nations and expressed confidence that the upcoming US BTA and India-EU FTA would further strengthen India's global trade leadership.