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DGFT Summit Explores E-commerce’s Role in Boosting Gem & Jewellery Export Potential

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The Directorate General of Foreign Trade (DGFT) hosted an E-commerce Export Summit at Bharat Mandapam, Pragati Maidan, on 11th March, gathering industry leaders to explore the growing potential of e-commerce in enhancing retail exports. Mr. Sabyasachi Ray, Executive Director of GJEPC, delivered a keynote presentation on ‘Enhancing Retail Exports through E-commerce.’

In his opening remarks, Mr. Ray emphasized the critical role of e-commerce platforms in driving growth for the gem and jewellery sector. He noted that e-commerce is particularly well-suited to this industry due to the low volume and high value of its products, making it ideal for cross-border trade. He expressed confidence that businesses in the sector will see substantial growth in the near future, driven by the accessibility and scalability of e-commerce.

Mr. Ray also provided insights into recent foreign trade policy reforms introduced by the Government of India. These regulatory changes have significantly eased e-commerce exports, contributing to the sector’s remarkable growth. Currently, India’s gem and jewellery exports total $38 billion, with projections aiming for $100 billion by 2047, largely fueled by the expanding e-commerce landscape.

He advised exporters to focus on identifying key product markets and understanding consumer preferences to secure repeat business. Additionally, he highlighted the recent partnerships formed by the GJEPC with major e-commerce platforms like eBay, Amazon, and DHL, aiming to provide a seamless export experience for its members.

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National News

Celebrate Akshaya Tritiya With Reva Diamonds By PNGS

Up to 100% Off On Making Charges On Certified Natural Diamonds Till 19th April 2026

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Reva Diamonds by PNGS, a branded certified natural diamond jewellery retailer backed by the 190+ year legacy of the P. N. Gadgil & Sons Group, has announced a special festive offer of up to 100% off on making charges on certified natural diamond jewellery, starting April 4 and valid till 19th April 2026. The offer is available across Maharashtra at all Reva Diamonds by PNGS offline stores as well as online, ahead of Akshaya Tritiya.

Akshaya Tritiya has traditionally been associated with gold purchases; however, there has been a growing consumer shift towards certified natural diamonds as a symbol of enduring value and modern luxury. With this festive initiative, Reva Diamonds aims to make diamond jewellery more accessible to a wider set of customers, including first-time buyers, gifting customers, and investment-focused purchasers.

The brand has curated its festive assortment, keeping evolving consumer demand in mind. Diamond studs and daily wear earrings remain a strong focus this season due to their versatility and everyday luxury appeal. Lightweight diamond pendants and rings are positioned for entry-level buyers and the gifting segment, offering elegant yet accessible options during the auspicious period. For customers seeking statement purchases, the collection includes celebration-led designs such as statement necklaces and cocktail rings that reflect festive grandeur. Investment-driven buyers can explore solitaires and certified natural diamonds crafted to combine timeless design with long-term value. Bracelets and stackable diamond jewellery have also been highlighted, aligning with the emerging Gen Z trend of layered styling and contemporary fashion preferences.

Reva Diamonds by PNGS also offers 100% exchange value on diamonds as part of its ongoing customer value proposition, reinforcing long-term value assurance and purchase confidence beyond the festive period.

Commenting on the festive announcement, Amit Modak, CEO & Whole-Time Director, PNGS Reva Diamond Jewellery Limited, said:

Akshaya Tritiya is deeply rooted in the belief of lasting prosperity and meaningful investments. Over the years, we have seen customers increasingly view certified natural diamonds not just as adornment, but as an asset that holds emotional and intrinsic value. Through our offer of up to 100% off on making charges, we aim to make diamond jewellery more accessible while encouraging customers to invest in pieces that combine craftsmanship, authenticity, and long-term worth.”

By offering up to 100% off on making charges, Reva Diamonds by PNGS seeks to enhance festive value for customers during one of the most significant jewellery-buying periods of the year, giving customers an opportune moment to invest in certified natural diamond jewellery that blends tradition, aspiration, and enduring prosperity.

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