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NITI Aayog and GJEPC Collaborate on enhancement of  competitiveness  and export potential

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India’s gems and jewellery sector, a key contributor to the nation’s exports, received a strong policy impetus on October 7, 2025, as NITI Aayog joined hands with the Gem & Jewellery Export Promotion Council (GJEPC) to initiate a comprehensive study aimed at strengthening the industry’s global competitiveness and export resilience.

The hybrid consultation session, held at the Bharat Diamond Bourse (BDB), brought together senior policymakers and industry leaders. Among the key participants were Sanjeet Singh, Senior Advisor, NITI Aayog; Kirit Bhansali, Chairman, GJEPC; Shaunak Parikh, Vice Chairman, GJEPC; Anoop Mehta, Convener, Audit & Finance Sub-committee; and Sabyasachi Ray, Executive Director, GJEPC. The session served as a collaborative platform to exchange views on the challenges and opportunities shaping the sector’s export performance.

Sanjeet Singh underscored the need to tackle structural bottlenecks that affect India’s competitiveness. “Given this sector’s export potential, our study will focus on regulatory and taxation challenges that impede growth,” he said, emphasizing the goal of aligning India’s trade framework with global best practices. Singh also called for industry-led recommendations to enhance “Brand India” visibility in international markets.

Highlighting diversification as a strategic priority, Singh referenced GJEPC’s successful SAJEX initiative in Saudi Arabia, encouraging the sector to explore emerging markets in the Middle East, Africa, and Latin America. He invited suggestions to identify non-tariff barriers and policy gaps that constrain market access.

The upcoming NITI Aayog–GJEPC study aims to develop a data-driven roadmap to reinforce India’s export position across the gems and jewellery value chain. By addressing taxation anomalies, easing compliance frameworks, and fostering branding initiatives, the study is expected to inform policy reforms that could catalyse India’s ambition to become a global hub for value-added jewellery exports.

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National News

MMTC-PAMP Appoints Sidharth Malhotra As Brand Ambassador

As Part Of The Association, Sidharth Will Lead MMTC-PAMP’s New Integrated Campaign, ‘Purest And More,’ Showcasing The Brand’s Expanding Portfolio Across Physical Precious Metals, Digital Investments and Responsible Gold Recycling.

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MMTC-PAMP, India’s only London Bullion Market Association (LBMA)-accredited Good Delivery  Gold & Silver refiner, today announced acclaimed actor Sidharth Malhotra as its Brand Ambassador, marking a significant  milestone in the brand’s journey to strengthen its connection with a new generation of consumers. As part of the association,  Sidharth will lead MMTC-PAMP’s new integrated campaign, ‘Purest And More,’ showcasing the brand’s expanding portfolio  across physical precious metals, digital investments and responsible gold recycling. 

The integrated campaign showcases MMTC-PAMP’s complete ecosystem, from 24K 999.9+ purest gold and silver coins and  bars to digital gold and silver, gold recycling, online purchasing and assured buyback services. Through relatable, everyday  moments and festive celebrations, the campaign reinforces MMTC-PAMP’s position as India’s most trusted precious metals  brand while making gold ownership more relevant, accessible and convenient for today’s consumers. 

Announcing the association, Samit Guha, Managing Director and CEO, MMTC-PAMP said:

“We are delighted to welcome  Sidharth Malhotra to the MMTC-PAMP family. Sidharth has built a strong reputation through authenticity, credibility and a  modern outlook—qualities that closely reflect the values of our brand. As one of India’s most admired and influential actors,  he enjoys a deep connect across generations, making him an ideal ambassador as we continue expanding the reach of MMTC PAMP among both seasoned investors and first-time buyers.

This partnership comes at an exciting phase in our growth as we  continue to redefine precious metals ownership through innovation, responsible sourcing and world-class quality. Through  our ‘Purest And More’ campaign, we are showcasing how MMTC-PAMP today offers far more than physical gold—from digital  investments and online buying to gold recycling and assured buyback—while remaining uncompromising on purity and trust.”

The campaign film unfolds through a series of relatable family moments around a wedding celebration, with Sidharth  naturally introducing consumers to MMTC-PAMP’s diverse offerings. The storytelling highlights that every MMTC-PAMP  offering is backed by the brand’s commitment to purity, trust and convenience while reinforcing its promise of “Purest And  More.” 

Speaking on the association, Sidharth Malhotra said:

“MMTC-PAMP has built a remarkable reputation for purity, trust and  innovation, while also modernising the way people invest in and experience precious metals. Whether it’s celebrating life’s  milestones, building long-term wealth or embracing more responsible choices through recycled gold, the brand continues to  stay relevant for today’s consumers. I’m excited to be part of this journey and look forward to connecting with people through  the ‘Purest And More’ campaign.”

The association brings together one of India’s most recognised actors with one of the country’s most trusted precious metals  brands at a time when consumer interest in certified physical gold, digital gold and sustainable precious metals solutions  continues to grow. With Sidharth Malhotra as the face of the brand, MMTC-PAMP aims to further strengthen its leadership  position while deepening engagement with a younger, digitally connected audience. 

The campaign will be amplified across television, digital platforms, social media, print, retail stores and e-commerce channels,  with dedicated creatives highlighting key offerings including digital gold and silver, festive gifting, Virasat recycled gold,  Akshaya Tritiya, Diwali and MMTC-PAMP’s certified purity credentials. 

Link to the TVC (YouTube):

Link to the TVC (Instagram):https://www.instagram.com/p/DciH4s7tim5//

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