JB Insights
2026 The Road Ahead India’s GJ sector eyes explosive growth, bet big on precious metals surge
India’s gems and jewelry sector enters 2026 with strong optimism, as industry leaders project gold prices rising 10-15% and silver surging 20-25%. With gold crossing ₹1 lakh per 10 grams, weddings are emerging as a key catalyst while younger consumers embrace bridal jewelry as versatile everyday luxury. The market is witnessing robust demand for lightweight diamonds, color stones, and enduring traditional Kundan and temple designs, as reinvention becomes the defining theme—merging traditional craftsmanship with mindful minimalism to create aspirational pieces for modern self-expression. As reinvention defines the horizon, industry leaders are merging traditional craftsmanship with mindful minimalism, creating aspirational pieces that serve both self-expression and investment.

Kirit Bhansali, Chairman of GJEPC, underscores export stability at US$16.26 billion for the first seven months of FY 2025-26—in dollar terms—with rupee growth, crediting government measures like FTAs, the Export Promotion Mission, credit schemes, and the Maharashtra GJ Policy, alongside GJEPC’s expansions into the Middle East, Latin America, Cambodia, and Vietnam.
Vikas Kataria, Promoter of D.P. Abhushan Ltd., predicts gold up 10-15% and silver 20-25%, fueling demand for 18-14 carat gold, lightweight diamonds, color stone jewelry, and enduring traditional Kundan, Jadau, and temple designs amid value-driven buying.


Raghav Dhir, Director of Dhirsons Jewellers Pvt. Ltd., highlights gold prices surpassing Rs1 lakh per 10g, positioning weddings as a key catalyst while younger consumers embrace bridal jewelry as versatile everyday luxury, blending heavier traditional pieces with modern styling.
Kishorkumar Jindatta Shah, Chairman of Chandukaka Saraf, frames gold’s appreciation as an opportunity to merge traditional craftsmanship with mindful minimalism, creating versatile, aspirational pieces for self-expression.


Shradha Keshri, Director of Operations at Hira Panna Jewellers, builds on 2025’s lightweight gold, intricate bridal work, certified gems, and personalization trends, anticipating silver’s rise in jewelry and gifting, with emphasis on ethical sourcing, transparency, immersive retail, and digital discovery to engage a tradition-rooted yet informed audience. And silver is going to rule
Tarun Kochar, Partner at KPS Silver in Bangalore, foresees a more aggressive 40-50% silver surge from current levels, sparking heightened interest in silver articles for investment, gifting, and self-use due to industrial and appreciation dynamics.

These insights reveal a sector adapting through diversification—lightweight and ethical options for youth, silver’s accessibility across demographics, and export momentum. Retailers and manufacturers can leverage festive seasons, weddings, and global outreach for expansion, prioritizing innovation that balances heritage with contemporary appeal. This multifaceted resilience positions India’s GJ industry for a prosperous, value-centric 2026.






JB Insights
From Rare to Reachable: The Changing Face of the Diamond Industry
How diamonds moved beyond tradition to become a part of everyday style, personal milestones, and modern living.
Diamonds have always been symbols of love, celebration, and timeless beauty. But the journey behind these sparkling stones has changed significantly over the years. The diamond industry today looks very different from what it once was — more open, more transparent, and more focused on the modern consumer.
How Diamonds Were Seen Earlier
In the past, diamonds followed a very traditional path. They were considered rare and special, usually bought only for weddings or major life events. The diamond industry was controlled by a few large companies, which meant limited choices and fixed perceptions around price and value.

Jewellery shopping happened mostly offline, often guided by family tradition rather than information. Buyers relied on trust, as details about quality, origin, and pricing were not always clear.
What Changed Over Time
As global markets opened up and technology improved, the diamond industry began to change. More countries entered the diamond trade, competition increased, and innovation reshaped the entire supply chain.

Diamonds slowly moved from being “rare and unreachable” to becoming more accessible. Marketing also evolved — diamonds were no longer just about marriage but also about personal milestones, style, and self-expression.
India’s Big Role in the Diamond Story
India plays a major role in today’s global diamond industry. Cities like Surat have become global centres for cutting and polishing diamonds, handling a majority of the world’s stones.

Skilled craftsmanship combined with modern technology has helped India shape diamonds worn across the world. This growth has also benefited Indian consumers, offering better designs, competitive pricing, and international-quality jewellery.
The Rise of Lab-Grown Diamonds
One of the biggest shifts in recent years has been the rise of lab-grown diamonds. These diamonds are created in controlled environments but look identical to natural diamonds.

They offer the same sparkle and certification, often at a more affordable price. Many consumers today choose lab-grown diamonds for their value, sustainability, and flexibility in design.
How Diamond Buying Feels Today
Buying diamonds today is easier and more transparent than ever before. Certifications clearly explain quality, while online and offline stores offer wide design options.

Diamonds are now worn daily, gifted for celebrations, and purchased as self-rewards. Lightweight designs, trendy styles, and digital shopping tools have changed how people connect with jewellery.
Why Diamonds Mean More Today
Modern buyers care about more than just sparkle. They want to know where their diamonds come from, how they are made, and whether they align with their values.

Design, comfort, trust, and storytelling now play a big role in choosing diamond jewellery. Diamonds today represent individuality and conscious luxury, not just tradition.
Then vs Now: A Quick Look
Earlier, diamonds were mostly linked to weddings, had limited design choices, and involved traditional buying experiences.

Today, diamonds are part of everyday fashion, available in multiple price ranges, and backed by clear information and certification.
The industry has moved from being exclusive to inclusive

The diamond industry has transformed from something complicated and distant into something personal and approachable. Today, diamonds are about choice, confidence, and self-expression — made for every moment, not just one.
-
BrandBuzz2 days agoRanbir Kapoor Joins PNG Jewellers as the new Ambassador, Ushering in a New Chapter of Legacy and Modernity
-
New Premises2 days agoAimee Baruah Opens Grand Showroom of Manik Chand Nand Kishore Jewellers in Dibrugarh
-
National News2 days agoBakul Limbasiya Receives Prestigious APO National Award for LGD Pioneering
-
Appoinment2 days agoTiffany & Co. Strengthens Leadership with David Ponzo as Deputy CEO


