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GJ sector sees 84.39% growth in FDI

India’s foreign direct investment (FDI) inflows have witnessed a remarkable 45.4% surge in the first half of FY24, reaching USD 29 billion.

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Even more dazzling is the performance of the gems and jewellery sector, which saw an 84.39% jump in FDI, signalling renewed investor confidence in this crucial industry.

India recorded a sharp 45.4% increase in overall Foreign Direct Investment (FDI) inflows during April-September 2024, reaching USD 29 billion (INR 2.49 lakh crore), compared to USD 20 billion (INR 1.68 lakh crore) in the same period a year earlier, according to data from the Department for Promotion of Industry and Internal Trade (DPIIT).

The gems and jewellery sector also witnessed an impressive surge in FDI inflows, rising by 84.39% to USD 45.7 million (INR 381.67 crore) during April-September 2024, compared to USD 24.8 million (INR 205.29 crore) in the corresponding period in 2023. This marks a significant recovery in investment inflows into the sector, which had seen a fluctuating trend in recent years.

According to DPIIT data, total FDI equity inflows into India have been on an upward trajectory, increasing from USD 40 billion in 2015-16 to USD 44.42 billion in 2023-24. The latest data indicates strong investor confidence in India’s economic policies and business environment, despite global uncertainties.

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IAGES Celebrates A Power-Packed Day 1 At IIJS Bharat Premiere 2026, Mumbai With Accreditation Recognition Presentation

IAGES Recognises Industry Leaders for Excellence, Quality and Trust at IIJS Bharat Premiere 2026

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The Indian Association for Gold Excellence and Standards (IAGES) marked a highly successful and action-packed Day 1 at IIJS Bharat Premiere 2026, recognizing jewellery businesses that successfully completed and cleared the IAGES assessment and accreditation process.

At the IAGES booth, accreditation certificates were formally presented to prominent jewellers and industry participants in recognition of their commitment to quality, transparency, and industry excellence.

Among the recipients were:

  • Rajesh Rokde – Rokde Jewellers
  • Mansukhbhai Kothari – Vasupati Jewellers
  • Narayan Debnath & Nanda Dulal Debnath – Radha Krishna Jewellery
  • Mohit Adesara – Leela Manufacturers

The certificate presentation ceremony underscored IAGES’ gaining momentum to strengthen trust and elevating standards across the gems and jewellery industry through its accreditation framework.

Speaking on the occasion, Kaushlendra Sinha, CEO, Indian Association for Gold Excellence and Standards (IAGES), expressed his appreciation for the overwhelming response received from industry stakeholders on the opening day of IIJS Bharat Premier 2026. He congratulated the accredited gold business entities for successfully completing the assessment process and achieving this significant milestone, noting that IAGES accreditation serves as a testament to an organization’s dedication to excellence, ethical business practices, and consumer confidence.

With strong participation and enthusiastic engagement from exhibitors and visitors alike, Day 1 proved to be a power-packed start for IAGES at IIJS Bharat Premier 2026.

IAGES extends its heartfelt congratulations to all accredited participants and remains committed to fostering excellence, quality, and trust within India’s gold business sector.

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