Commerce Secretary Shri Rajesh Agrawal Unveils Visionary 2040 Roadmap for USD 100 Billion Gems & Jewellery Exports at Chintan Shivir

The Department of Commerce, in association with the Gem & Jewellery Export Promotion Council (GJEPC), convened the 'Chintan Shivir – 2040 Roadmap for Gems & Jewellery' to outline a strategy for achieving USD 100 billion in gems and jewellery exports by 2040, scaling up from approximately USD 28 billion in 2025-26. The roadmap aims to elevate the sector's contribution to 1.2 percent of India's GDP and 14 percent of total merchandise exports while doubling employment to 1 crore. Discussions focused on shifting from low-margin OEM to high-value design, innovation, global branding, MSME scaling, skill development using AI and 3D printing, and leveraging Free Trade Agreements (FTAs) across five structured priority missions.