National News
GJ Exports Show Signs Of Stabilization Amid Global Headwinds With A Rise Of 26.51% In June 2026; Imports Also Rise By 10.06% In The Same Period
The Overall Gems & Jewellery Exports Witnessed A Rise After A Prolonged Downtrend And Indicates A Revival In Overseas Demand Dynamics
The overall gross gems & jewellery exports grew by 26.51% to US$ 2212.65 million (Rs. 21010.78 crores) in June 2026 after a long trail of decline. Quarterly performance of the April to June 2026 period also reflects a positive sign, with a rise of 0.04% to US$ 6612.21 million (Rs. 62588.61 crores) as compared to last year.
Here are the important points highlighted from the provided performance report for the Indian gems and jewellery sector in June 2026 and the April-June 2026 quarter:
Overall Sector Performance
- Export Revival: Overall gross gems and jewellery exports broke a prolonged downtrend, growing by 26.51% in June 2026 to US$ 2,212.65 million.
- Quarterly Growth: The April–June 2026 period stabilized with a marginal rise of 0.04% to US$ 6,612.21 million year-on-year (YoY).
- Imports: Gross imports grew by 10.06% in June 2026, though the cumulative April–June period saw a 5.9% decline YoY.
Diamonds (Natural vs. Lab-Grown)
- Cut & Polished Diamonds (CPD):
- June 2026 exports grew by 8.71% to US$ 846.73 million.
- Quarterly volume (Apr–Jun) increased by 8.98% (39.88 lakh carats), though cumulative value dipped slightly by 4.13% (681.76.
- Quarterly imports surged by 66.13%, showcasing a clear preference for Special Economic Zones (SEZs) over Domestic Tariff Areas (DTAs).
- Rough Diamonds: Imports continued to decline (-27.11% in June; -32.42% for the quarter) as manufacturers focused on clearing existing inventory amid volatile overseas demand.
- Polished Lab-Grown Diamonds (LGD): Continued a massive growth surge, with June exports up 52.25% and quarterly value up 14.92% (volume up 31.97%). LGDs are rapidly emerging as a highly lucrative, price-conscious alternative to natural diamonds.
Gold, Silver & Platinum Jewellery
- Gold Jewellery: June 2026 exports spiked by 54.50% to US$ 1,087.74 million, driven by stabilizing global buyers’ sentiments.
- Plain Gold: June exports grew 25.34%, but the quarter fell 23.30% due to mixed monthly trends earlier in the year.
- Studded Gold: Experienced stellar growth, rising 85.35% in June and 20.10% for the overall quarter.
- Silver Jewellery: Retains strong momentum as the preferred affordable alternative to gold, maintaining robust double-digit YoY growth.
- Platinum Jewellery: Quarterly exports jumped 27.66% to US$ 58.67 million, fueled by international demand for premium, cost-effective contemporary jewellery.
Alternative Categories & Investment
- Coloured Gemstones: Quarterly exports dropped 15.0% to US$ 82.25 million, largely hampered by temporary international logistical barriers rather than a drop in core demand.
- Gold Medals & Medallions: Quarterly exports skyrocketed by 86.42% to US$ 1.81 million, underscoring strong overseas investor sentiment using gold as a hedge against global inflation.
Outlook
The strong June performance indicates a reinstatement of international demand and points toward highly positive holiday season sales moving into the October–December quarter.
National News
Limelight Lab Grown Diamonds Launches Powermark At IMA Hyderabad’s 87th Foundation Day Celebrations
Powermark Is Envisioned As A Symbol Of Professional Identity and Pride, With The collection Comprising Specially Designed Diamond Brooches Dedicated To Professions That Carry Immense Responsibility and Social Impact
Limelight Lab Grown Diamonds, India’s largest lab grown diamond jewellery brand, unveiled Powermark, its exclusive collection of diamond brooches created to celebrate the pride, dedication and achievements of professionals including Doctors, Chartered Accountants and Lawyers, at the 87th Foundation Day Celebrations of the Indian Medical Association (IMA), Hyderabad City Branch.
The launch, held at Temple View Hall, Hotel Abode, Lakdikapul, Hyderabad, brought together distinguished members of the medical fraternity and senior IMA leadership, including Padma Shri Dr. P. Hanumantha Rao, renowned Developmental Pediatrician, Rehabilitation Pediatrician and Rehabilitation Psychologist, who attended as the Guest of Honour, and Dr. Anil Kumar J. Nayak, National President, IMA HQS, who attended as the Chief Guest, along with several senior IMA office bearers and other eminent dignitaries.
Powermark is envisioned as a symbol of professional identity and pride, with the collection comprising specially designed diamond brooches dedicated to professions that carry immense responsibility and social impact. The collection celebrates the journey behind professional titles and the commitment, perseverance and expertise that define them.
Speaking on the occasion, Pooja Madhavan, Founder & Managing Director, Limelight Lab Grown Diamonds, said:
“Powermark is our way of recognising the people behind the professions we deeply respect. A professional title represents years of discipline, learning, sacrifice and service, and we wanted to create something that allows individuals to wear that pride. Launching Powermark at the IMA Hyderabad City Branch’s Foundation Day is particularly meaningful as we begin this journey by celebrating the medical fraternity and the immense contribution doctors make to society.”
Dr. Sai Ram Chinthamadaka, Hon. Secretary & Ex-President, IMA said:
“Powermark is a beautiful tribute to the medical fraternity. It acknowledges the years of discipline, sacrifice and service that go behind earning the title of a doctor. It was truly special to witness Powermark being launched at IMA Hyderabad’s 87th Foundation Day. Limelight has created something truly meaningful in the form of a diamond-studded brooch that represents our journey, achievements and identity, while also ensuring instant recognition of the profession we proudly belong to. I haven’t seen anything quite like this before.”
The launch also reinforces Limelight’s focus on creating contemporary jewellery that goes beyond adornment to carry meaning, identity and personal stories. With lab grown diamonds at its core, Powermark brings together the symbolism of professional achievement with modern diamond jewellery design.
The 87th Foundation Day programme included the IMA prayer, flag salutation, addresses by senior IMA leaders, the release of the IMA Hyderabad City Branch news bulletin and other commemorative activities, culminating in the Powermark launch ceremony.
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