National News

GIA to Launch Finished Jewellery Report in India from August; Eyes Expansion and New Surat Lab

Published

1 year ago

June 27, 2025

The Gemological Institute of America (GIA) will introduce its ‘Finished Jewellery Report’ service in India starting this August, aiming to enhance transparency and build consumer trust in the jewellery market. The report will offer detailed information on each jewellery piece, including metal type, gemstone characteristics, and any engravings.

This initiative, already active in established markets like the United States, is part of GIA’s broader strategy to expand into high-growth regions. The organization plans to extend this service to other emerging markets, including the Middle East, Southeast Asia, and Latin America.

“In India, technology and innovation are key areas of focus,” said Pritesh Patel, GIA’s Senior Vice President and Chief Operating Officer, who is set to take over as President and CEO on August 4, 2025. “This new service will help increase consumer confidence by offering greater transparency.”

GIA President and CEO Susan Jacques emphasized the organization’s commitment to education and industry engagement. “With two of our largest laboratories based in India—Mumbai and Surat—we are deeply integrated into this key market,” Jacques said. She added that GIA is planning to establish a new laboratory in Surat, on land it already owns.

GIA is also collaborating with De Beers’ Tracr platform, a blockchain-based system designed to assure the authenticity and traceability of natural diamonds. India, which accounts for 11% of global diamond consumption and is a major hub for diamond manufacturing, remains a critical market for GIA’s global operations.

GIA, a leading non-profit authority in gemology, continues to uphold rigorous standards in research, education, and gemological services to support the global gems and jewellery industry.

National News

India’s Consul General To Dubai Visits GJEPC Headquarters

GJEPC briefed CG on the Indian gem and jewellery industry’s scale, global leadership in manufacturing, export outlook and the sector’s roadmap for future growth

Published

21 hours ago

July 25, 2026

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Vishnu Vardhan Reddy, Consul General of India to Dubai, visited the GJEPC headquarters in Mumbai on 24^th July for an interaction with industry leaders to gain a deeper understanding of the sector and its engagement with the UAE.

The UAE is India’s largest trading partner in gems and jewellery, with bilateral trade reaching US$33.51 billion in FY2025-26.

The Consul General was welcomed by Kirit Bhansali, Chairman, GJEPC, along with Shaunak Parikh, Vice Chairman; Manish Jiwani, Convenor – MSME; Ashish Borda, Convenor – PMBD; Mital Doshi, Convenor – BITC; Bharat Ghori, Co-Convenor – MSME; and Mr. Sabyasachi Ray, Executive Director, GJEPC.

GJEPC briefed Mr. Reddy on the Indian gem and jewellery industry’s scale, global leadership in manufacturing, export outlook and the sector’s roadmap for future growth. Discussions also covered GJEPC’s role in trade promotion, policy advocacy, international exhibitions and infrastructure development to strengthen India’s position as a global jewellery manufacturing and trading hub.

Given Dubai’s strategic importance to the industry, the meeting focused on the India-UAE gem and jewellery trade ecosystem, evolving supply chains, trade and logistics, banking and financing, and opportunities to deepen bilateral cooperation. The delegation also outlined policy initiatives aimed at enhancing India’s competitiveness in global trading and value addition.

Reddy said the visit provided him with valuable insights into the industry’s priorities and challenges, and expressed his willingness to work closely with GJEPC and the trade to strengthen India’s gem and jewellery partnership with Dubai and the wider UAE.