As demand for custom jewelry grows, the company is expanding its services to support retailers.
India: A Global Gem and Jewelry Capital in the Making
An undisputed leader in diamond processing and silver jewelry, India aspires to replicate this success and become "Jeweler to the World."

Driving the export-led growth is Colin Shah, Chairman of Gem & Jewelry Export Promotion Council (GJEPC) and his team. "I am confident that the sector will be able to achieve its target of $40 billion exports in this financial year,” said Mr. Shah in an interview with me.

- Mega Common Facility Centre (CFC) with an investment of INR 700 million at the Santacruz Electronic Export Processing Zone (SEEPZ) Special Economic Zone (SEZ) in Mumbai: A Common Facility Centre pools together high-end, capital-intensive, state-of-the-art machinery and equipment. These can be used by small and medium sized manufacturing units by paying reasonable charges and reduce production costs. The mega CFC will serve as a platform for technology transfer and re-skilling of the existing artisans by providing them training on various aspects pertaining to manufacturing studded jewelry.
- Rejuvenation & redevelopment of SEEPZ at an investment of INR 2 billion: SEEPZ, spread over 111 acres of land is one of the largest and oldest export processing zones. There are over 150 jewelry units employing a workforce of 50,000 people, making it the single largest cluster in the country and perhaps in the world. SEEPZ SEZ has a well-connected network of central roads, business facilitation center, central warehouse, foreign post office, off-shore banking unit, authorized dealer of foreign exchange, convention center, in-house custom clearance facility and uninterrupted power supply. “Currently the SEEPZ contributes around $3 billion to our total G&J exports annually, but with better infrastructure and technology, it has the potential to contribute $10 billion,” said Mr. Shah.
- India Jewelry Park Mumbai (IJPM): Mumbai has the Bharat Diamond Bourse (BDB) with 3,000 offices, SEEPZ with 200 factories, and the industrial estate in Andheri, which has another 300 factories. The industry needed a special park to consolidate all the units spread across areas like Zaveri Bazaar and Parel into a world-class infrastructure like the BDB. The IJPM is benchmarked against similar Jewelry Parks in countries like China, Turkey, Italy, Thailand, and is expected to attract investments to the tune of over $2.7 billion. Spread over 21.3 acres, the project is scheduled to be completed in 30 months. It will house more than 2,000 manufacturing units and offices and provide low-cost residential facilities for workers. It will also have training and up-skilling facilities for artisans.
- Surat Diamond Bourse (SDB): In 2022, India will get its second diamond exchange, the SDB. With an area measuring 6.6 million sq. ft., it will be larger than the world’s largest office building, the Pentagon. The $336.2 million project will prove to be a game changer for the Indian diamond industry. SDB is a part of Diamond Research & Mercantile (DREAM) smart city spread over 35.54 acres of land situated very close to the Surat airport. All of the 4,200 offices were sold before construction started in 2018.
- E-Commerce: The government has been quick to realize the potential of e-commerce and has proposed to implement a simplified regulatory framework by June 2022 to facilitate gem and jewelry exports through the e-commerce route, ensuring that jewelers from every district in the country are able to ship their products overseas in a fast and economical manner. This is the need of the hour, as the e-commerce sales of jewelry are growing exponentially in the U.S. and other consuming markets. The broad basing of the exports through this measure have the potential to grow to $100 billion in the next 5 years.
- JIO World Centre: On March 4, 2022, doors opened for the first-of-a-kind global destination that has a state-of-the-art convention facility. Owned by India’s largest company, Reliance Industries Ltd; JIO World Centre is located in the Bandra Kurla Complex (BKC) and is walking distance from the world’s largest bourse, BDB. GJS, India Gem & Jewelry Show, a grand B2B expo, will be the first jewelry show to be organized at this venue from April 3-6, 2022.
The Latest

The mid-year conference for jewelry and watch appraisers is slated for Aug. 9 to 10 on Zoom.

Graduated stones make for elevated tennis-style pieces and dramatic statement necklaces.

As a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.

Nominations in the categories of Jewelry Design, Media Excellence, and Retail Innovation will be accepted through July 30.


He retired last month after 28 years traveling the world to source the very best gemstones for his family’s jewelry business, Oscar Heyman.

The charm necklace features six nautical charms of shells and coral that founder Christina Puchi collected on Florida’s beaches.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

The organization elected its youngest vice president as it looks to draw in fresh talent.

Campbell joins the company as vice president of business development while Liebler is the new vice president of operations.

The medals feature a split-texture design highlighting the Games’ first time being hosted by two cities and the athletes’ journeys.

Sponsored by The INSTORE Jewelry Show 2025

Globally, travel and transportation brands reigned, while in the U.S., alcoholic beverage companies and a lingerie brand took the top spots.

The Brooklyn-based jewelry designer is remembered as a true artist and a rare talent.

Production at the mine in Canada’s Northwest Territories topped 1 million carats in Q2, the third consecutive quarter of growth.

A new slate of Learning Workshops will take place in Oklahoma, Mississippi, and Georgia.

The middle class is changing its approach to buying jewelry and affordable luxury goods, the NRF said.

The reseller’s market trends report, based on its sales data, also shows exactly how much Rolex prices have jumped since 2010.

The auction house will be hosting a retrospective paying tribute to jeweler Jean Dinh Van and his company’s 60th anniversary.

Jake Duneier and Danielle Duneier-Goldberg have stepped into the roles of CEO and president, respectively.

The “Impermanence” collection contemplates nature through the Japanese art of Ikebana (flower arranging) and philosophy of wabi-sabi.

The Texas-based jewelry retailer has set up shop in Tennessee and Arizona.

Eric Ford will step into the role, bringing with him decades of experience.

In addition to improved capabilities, the acquisition will allow the jeweler to offer support to other independent jewelers.

The “Celestial Blue” capsule collection campaign features Olympian Kateryna Sadurska.

The seasonal store, located in Mykonos, Greece, offers exclusive events, personal styling, and curated experiences.

The New England jeweler is hosting a bridal event for the month of August.