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    Home»Industry News»India’s Gem and Jewellery Sector Expected to Contribute 8.5% to GDP
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    Industry News

    India’s Gem and Jewellery Sector Expected to Contribute 8.5% to GDP

    Ruchi SinglaBy Ruchi Singla24/02/20252 Mins Read
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    India’s gem and jewellery sector currently contributes 7.5% to the country’s GDP, with projections indicating this could increase to 8.5% as gold prices rise according to Avinash Gupta, Vice Chairman of the Gem & Jewellery Council (GJC), who shared this outlook during the Delhi Jewellery & Gem Fair (DJGF) Signature 2025 at Bharat Mandapam.

    Gupta also noted that Delhi has become an important centre for the jewellery trade in North India, providing business opportunities for jewellers across the country.

    Delhi Jewellery & Gem Fair (DJGF) Signature 2025

    The first edition of DJGF Signature took place at Bharat Mandapam, featuring around 120 exhibitors. Organised by Informa Markets in India, the event provided a venue for jewellers to present their collections and connect with industry professionals.

    Yogesh Mudras, Managing Director of Informa Markets in India, stated that India’s gem and jewellery sector is expected to reach a valuation of $225–245 billion by the 2035 financial year. He also noted the increasing role of digital retail, with online and in-store integration expected to grow at a rate exceeding 15% annually.

    Market Trends and Industry Implications

    The three-day event is expected to attract more than 8,000 trade visitors, offering jewellers an opportunity to network and explore new business prospects. With gold prices rising and digital retail expanding, jewellers are adjusting their strategies to meet evolving consumer preferences.

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    Ruchi Singla

    Ruchi is our trusted breaking news reporter, keeping you informed about the latest trends, launches, and significant events as they unfold. With a commitment to accuracy and a passion for adding a layer of insight, Ruchi creates informative and engaging content that shines a light across the world of jewellery.

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