Gem & Jewellery Export Promotion Council

What Gem & Jewellery Export Promotion Council does

The Gem & Jewellery Export Promotion Council (GJEPC) is a statutory export promotion body established in 1966 under India's Ministry of Commerce & Industry, functioning as the apex trade-promotion organisation for the country's gems and jewellery sector. It represents more than 10,000 member companies—approximately 80% of which are MSMEs—across manufacturing hubs in Mumbai, Surat, Jaipur, Delhi, and Kolkata, and indirectly supports a sector workforce of roughly 5 million people. The council operates as the nodal agency in India for the Kimberley Process Certification Scheme (in place since January 1, 2003) and assumed global KP chairmanship from January 1, 2026, giving it regulatory authority over conflict-diamond certification for approximately 90% of the world's rough diamond polishing volume.

GJEPC's product and service portfolio is diversified rather than centred on a single platform. It organises major B2B exhibitions including the India International Jewellery Show (IIJS) series—the world's second-largest B2B jewellery show—and the International Gem & Jewellery Show (IGJS) in Jaipur, plus international India Pavilions at JCK Las Vegas, Basel, Vicenzaoro, and Hong Kong, and the Saudi Arabia Jewellery Exposition (SAJEX). It operates the Indian Institute of Gems & Jewellery (IIGJ) network across five cities for skill development, the Gemmological Institute of India (GII) and Indian Diamond Institute (IDI) for testing and certification, the MyKYCBank compliance platform, the JewelStart incubation hub at NIT Trichy, and the Solitaire International trade publication. In 2026 it launched the India Rough Diamond Show (IRDS) in Surat, an upstream auction platform positioning India as an alternative to Dubai and Antwerp.

The council is funded through recurring membership subscriptions, transactional exhibitor and visitor fees for IIJS/IGJS/SAJEX, training fees at IIGJ campuses, KP certification charges, and project grants from the Government of India. Recent strategic moves in 2026 include the JewelStart incubation MoU with CEDI at NIT Trichy (June 2026), an IIT Madras lab-grown diamond certification programme under the InCent LGD platform backed by a Rs 242 crore Union Budget grant, BIS terminology standard IS 19469:2025 for diamond disclosure, SEZ Rules expansion covering jewellery in Free Trade Warehousing Zones, and active pursuit of tariff relief through the India-US Interim Trade Agreement (reducing tariffs from 50% to 18%) and the India-EU FTA targeting zero-duty access. These moves signal a coordinated push into lab-grown diamonds, upstream rough trading, and new geographic markets while the underlying sector exports contracted to $27.72 billion in FY 2025-26, a 3.32% year-on-year decline.

Name

Gem & Jewellery Export Promotion Council

Legal name

Gem and Jewellery Export Promotion Council

Website

https://gjepc.org

Company type

Private

Founded year

1966

Operating status

Operating

Headcount range

501–1,000 employees

Short description

The Gem & Jewellery Export Promotion Council (GJEPC) is India's statutory apex body for gems and jewellery export promotion, established in 1966 under the Ministry of Commerce & Industry. It serves 10,000+ members (80% MSMEs) through trade shows (IIJS, IGJS), Kimberley Process certification, skill development (IIGJ), and policy advocacy.

Ownership category

akta.pro rank

Product category

Trade Promotion Services

NAICS

Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers (42394)

SIC

Wholesale-Jewelry, Watches, Precious Stones & Metals (5094)

akta.pro primary industry

Industry-Specific B2B Trade Show Organizers (THAHABAB)

akta.pro secondary industries

Traceability, Provenance & Compliance Services (e.g., origin, AML/KYC, sanctions) (CRAKAJAL), Rough Gemstone Trading & Brokerage (CRAKAJAE), Synthetic/Lab-Grown Diamonds & Gemstones (Manufacturing & Trading) (CRAKAJAM)

Keywords

• Gem jewellery exports
• Trade promotion services
• Kimberley process certification
• Jewellery skill training
• Trade exhibition organization

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Membership fees: GJEPC operates as a membership-based organization representing 10,000+ members in the gems and jewellery sector. Membership fees fund council operations and services.
2. Trade show and event revenues: The council organizes major exhibitions including IIJS Bharat (Premiere, Signature, Tritiya), IGJS Jaipur, and international pavilions, generating revenue through exhibitor registrations and participation fees.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

GJEPC operates as India's apex export promotion council for the gems and jewellery sector, organizing major B2B trade shows including IIJS (India International Jewellery Show), IGJS (International Gem & Jewellery Show), and SAJEX (Saudi Arabia Jewellery Exposition). It administers Kimberley Process Certification for conflict-free diamonds, runs the Indian Institute of Gems & Jewellery (IIGJ) training network across multiple cities, and facilitates market access and policy advocacy on behalf of over 10,000 member companies in India's $27+ billion gem and jewellery export industry.

Product overview

The Gem & Jewellery Export Promotion Council (GJEPC) operates as India's apex trade promotion body for the gems and jewellery sector, established in 1966 under the Ministry of Commerce & Industry. Rather than a single product, GJEPC functions as a multi-faceted trade facilitation ecosystem offering: (1) Trade shows/exhibitions including IIJS (India International Jewellery Show) series and IGJS (International Gem & Jewellery Show) for export promotion; (2) Education and skill development through the Indian Institute of Gems & Jewellery (IIGJ) network across Mumbai, Delhi, Jaipur, Varanasi, and Udupi; (3) Compliance services including Kimberley Process Certification Scheme administration; (4) Startup incubation via the JewelStart hub; (5) Events including the India Rough Diamond Show and India Gem & Jewellery Awards; and (6) Publications including Solitaire International magazine. The Council represents over 10,000 members and contributes 7% to India's GDP and 15% to merchandise exports, with a workforce of 5 million across India.

Differentiator

Problem solved

Functional benefit

Brands

• IIJS: India International Jewellery Show - Premier B2B jewellery exhibition
• IGJS
• IGJME Bharat
• SAJEX
• DI
• IGJS

Products and services

• IIJS (India International Jewellery Show) India's premier B2B gem and jewellery exhibition series comprising IIJS Premiere, IIJS Signature, and IIJS Tritiya held across major Indian cities. The shows serve as the world's second-largest B2B gem and jewellery platform, connecting domestic and international buyers with Indian manufacturers and exporters.
• IGJS (International Gem & Jewellery Show) An export-specific international trade show organized by GJEPC to boost exports of Indian gem and jewellery products. IGJS targets international hosted buyers across product categories including gemstone and diamond-studded jewellery, fine jewellery, lab-grown diamond jewellery, silver jewellery, colour gemstones, and loose diamonds.
• SAJEX (Saudi Arabia Jewellery Exposition) Annual international jewellery exhibition held in Saudi Arabia organized by GJEPC in collaboration with the Consulate General of India in Jeddah. SAJEX 2025 featured over 200 exhibitors showcasing diamond, gold, gemstone, and lab-grown jewellery, marking Jeddah's emergence as a key hub for international jewellery trade.
• Kimberley Process Certification Scheme (KPCS) Compliance and certification service administered by GJEPC as the nodal agency in India for the Kimberley Process Certification Scheme, a UN-mandated initiative to prevent trade in conflict diamonds. GJEPC issues KP certificates enabling legal export of rough diamonds to global markets across 81 countries (54 participants representing 99.8% of rough diamond production worldwide).
• IIGJ (Indian Institute of Gems & Jewellery) A network of professional training institutes operated by GJEPC in partnership with NID Ahmedabad, offering professional jewellery-making skills training. Campuses are located in Mumbai, Delhi, Jaipur, Varanasi, and Udupi. The Udupi campus, inaugurated by Finance Minister Nirmala Sitharaman, trained around 600 students annually and has an MoU with IIT Madras for specialised certification in lab-grown diamond technologies under the InCent LGD platform backed by Rs 242 crore Union Budget grant.
• MyKYCBank An online platform for KYC verification and compliance management for GJEPC members, facilitating digital Know Your Customer processes for the gem and jewellery export community.
• JewelStart Incubation Hub A dedicated incubation hub for the gem and jewellery sector established through an MoU between GJEPC and CEDI at NIT Trichy, providing mentorship, technology support, business development assistance, investor connect, and marketing opportunities for startups and entrepreneurs in the gems and jewellery value chain.
• India Rough Diamond Show (IRDS) A platform for showcasing and auctioning rough diamonds in India, held at the Surat International Diatrade Center. The inaugural event showcased nearly $100 million worth of rough diamonds and over one million carats, positioning India as an alternative global diamond trading hub.
• Solitaire International GJEPC's flagship publication covering the gem and jewellery industry, providing market intelligence, trade news, and sector analysis to members and stakeholders.
• Bharat Ratnam Mega Common Facilitation Centre (Mega CFC) A state-of-the-art common facility centre at SEEPZ, Mumbai, providing shared manufacturing infrastructure and services for the gem and jewellery MSME sector.

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• Centre for Entrepreneurship Development and Incubation (CEDI) at NIT TrichycoreStrategic or Co-development Partner · 14 June 2026MoU signed to establish 'JewelStart', a dedicated gem and jewellery incubation hub at NIT Trichy campus. The hub will provide end-to-end support through pre-incubation, incubation, acceleration, and post-incubation phases, offering mentorship, technology support, business development assistance, investor connect, and marketing opportunities. Combines GJEPC's industry expertise with CEDI's entrepreneurship development strengths.
• IIT MadrascoreStrategic or Co-development Partner · 28 April 2026MoU signed for specialized certification programme in lab-grown diamond technologies under the InCent LGD platform, backed by Rs 242 crore Union Budget grant. Aims to build skill capacity and strengthen India's position in global lab-grown diamond value chain.
• Uttar Pradesh GovernmentminorGTM or Marketing Partner · 23 March 2026Promotional support for Kashi's Gulabi Meenakari jewellery craft at India International Jewellery Show, with participation from Varanasi artisan Kunj Bihari Singh and support from CM Yogi Adityanath and PM Narendra Modi.
• Bureau of Indian Standards (BIS)coreStrategic or Co-development Partner · 1 January 2026GJEPC initiated collaboration with BIS and Ministry of Consumer Affairs to launch IS 19469:2025, aligning Indian standards with ISO 18323:2015 for diamond terminology and disclosure requirements. The standard clarifies 'diamond' refers only to natural diamonds and mandates clear disclosure for laboratory-grown diamonds.
• Indian Institute of Gems & Jewellery (IIGJ)coreStrategic or Co-development PartnerGJEPC operates IIGJ as a network of training centres in Mumbai, Delhi, Jaipur, Varanasi, and Udupi, providing professional jewellery-making skills. The Udupi campus was inaugurated by Finance Minister Nirmala Sitharaman and has trained 600 people annually.
• Gemmological Institute of India (GII)coreTechnology or IntegrationGJEPC-affiliated gem testing and certification laboratory providing quality assurance for the gems and jewellery industry.
• Indian Diamond Institute (IDI)coreTechnology or IntegrationGJEPC-affiliated institute for diamond technology training and research, supporting India's position as the global diamond processing hub.
• Consulate General of India in JeddahcoreGTM or Marketing PartnerGJEPC partnered with the Consulate to organize SAJEX 2025 (Saudi Arabia Jewellery Exposition), with over 200 exhibitors showcasing diamond, gold, gemstone, and lab-grown jewellery, marking Jeddah's emergence as a key hub for international jewellery trade.
• Dubai Gold & Jewellery Group (DGJG)minorStrategic or Co-development PartnerIGJS was organised in Dubai in association with DGJG to boost exports of Indian gem and jewellery sector.
• Precious Metals Refineries Forum (PMRF)minorStrategic or Co-development PartnerIndustry body working with GJEPC on proposals to reduce gold imports through monetisation programmes and gold metal loan mechanisms.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Bharat Diamond Bourse: India's largest diamond bourse, located in Mumbai. Comparable to GJEPC as a domestic diamond trade infrastructure body serving the same member base of manufacturers, exporters, and traders.
• Dubai Multi Commodities Centre (DMCC): Operator of the Dubai Diamond Exchange and a key rival trade hub. Directly comparable to GJEPC as a free-zone / trade promotion platform facilitating rough diamond auctions, polishing trade, and B2B exhibitions in a competing geography.
• Surat Diamond Association: Regional trade body for Surat's diamond manufacturing cluster, the world's largest cutting and polishing centre. Directly comparable as a local industry body serving the same MSME-heavy exporter base that GJEPC represents nationally.
• Antwerp World Diamond Centre (AWDC): Belgian diamond industry promotion body overseeing the historic Antwerp diamond hub. Directly comparable to GJEPC as a national trade promotion council whose role in rough diamond trading the IRDS initiative in Surat explicitly aims to challenge.

Broad incumbents

• World Federation of Diamond Bourses (WFDB): Global umbrella body for diamond bourses. Comparable to GJEPC as an industry-level trade promotion and standards-setting organisation, though focused on diamond bourses rather than national export promotion.
• Responsible Jewellery Council (RJC): International standards-setting body for the jewellery supply chain. Comparable to GJEPC's certification roles (KP, BIS collaboration) in establishing provenance, ethical sourcing, and disclosure frameworks.
• World Gold Council: Global industry body for the gold sector, organising conferences, market intelligence, and policy advocacy. Comparable to GJEPC as a sector-specific trade promotion and development organisation.
• International Jewellery Confederation (CIBJO): Global confederation covering jewellery, gemstones, and pearls with standards and terminology work. Comparable to GJEPC's role in harmonising diamond terminology (IS 19469:2025) and disclosure standards.

Regional players

• Jewellers Association Worldwide (JAW): International trade body for jewellery retailers and suppliers. Comparable to GJEPC as an industry-level association organising trade events and providing market intelligence.

Others

• Gemological Institute of America (GIA): Global gemmology and grading authority. Comparable to GJEPC's affiliated labs (GII, IDI) in providing certification, training, and industry standards for the gem and jewellery trade.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/gjepcindia
• Facebookfacebook.com/GJEPC

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Gem & Jewellery Export Promotion Council