GEMS AND JEWELLERY

INDIA LANDSCAPE

Contributes 6-7% of the country's economy and employs nearly 5 million people.
India's gem and jewellery sector contributes US$ 27.72 billion (approx. ₹2,44,827.26 crore) to the country's export data for the financial year 2025–26
The sector accounted for ~ 16% of India's total merchandise exports in FY 2025-26.
India processes over 90% of the world's cut and polished diamonds by volume and ranks as the 8th-largest exporter of gems and jewellery globally
India is among the world’s leading jewellery exporters, ranking 3rd globally in 2024, with the UAE, USA, Hong Kong, Singapore and UK among its major export destinations
For the United States, India is the largest importing destination for Jewellery catering to 16% of US market's demand.
India’s Lab-Grown Diamond exports reached ~18.8 mn carats in FY2025-26, overtaking natural diamonds by volume

Approximately 112 operational factories in the state.
Jaipur processes more than 300 different varieties of precious and semi-precious gemstones.
Sector is a major job creator, with plans to establish 'Gem Bourse' which is expected to create over 1 lakh jobs.
Rajasthan accounts for 17.5% of India's total gems and jewellery exports, approximately 90% of India's meenakari jewellery exports and 60% of Kundan jewellery exports.
Rajasthan, accounts for 97% of India’s coloured gemstone exports and has a strong presence in silver and imitation jewellery, is uniquely placed to capture this opportunity.
Rajasthan plays a dominant role in India's gemstone and traditional jewellery market, Total gems and jewellery exports from Rajasthan stood at ₹20,556 crore (US$ 2284 million) in FY 2025.

Special Economic Zone in Sitapura, Jaipur spread across 110.8 acres of land, houses 154 units generating employment for 11,217 people.
IIGJ RLC one of advance R& centre for testing and certifications established in Sitapura.
Jaipur Gem & Jewellery Bourse (JGJB): Jointly promoted by GJEPC and the Jewellers Association Jaipur, this dedicated trading hub for colored gemstones and gemstone-studded jewellery features over 1,750 trading offices, customs helpdesks, and gem-testing labs
Jointly promoted by GJEPC and the Jewellers Association Jaipur (JAJ), the project is expected to generate around 60,000 jobs while creating a modern ecosystem that links Jaipur’s centuries-old gemstone craftsmanship with international trade standards.

Access to ~40% of India’s Market
9 Economic Corridors
39% of DFC pass through Rajasthan
58% of the State under DMIC
Through Air: Direct connectivity to 20+ domestic destinations and key international hubs such as Dubai, Abu Dhabi, Sharjah, Muscat, and Bangkok

1M+ graduates annually from 4,600+ higher education institutes, 48 MBA institutes, 74 engineering colleges, 116 polytechnics, 3,000+ ITIs.
Readily available talent pool with presence of prominent national institutions such as – NIFT, IICD, IIHT, IIT, etc.

Investment Subsidy (SGST Reimbursement) -75% of the State tax due and deposited for a period of 7 years OR
Capital Subsidy -13-28% of EFCI* to be disbursed in annual instalments over 10 years OR
Turnover Linked Incentive (TLI) -1.00% - 1.40% of Net Sales Turnover to be disbursed annually for 10 years

Employment Booster -10% - 15% booster on chosen Asset Creation Incentive
Training & Skilling Incentive - Skilling support in form of a Training Subsidy of Rs. 4000 per worker per month for 6 months for training delivered in Rajasthan

Investment of more than Rs. 500 cr - Option to redistribute benefits among ACI (Capital, TLI and SGST reimbursement)
Investment of more than Rs. 1000 cr and employment of more than 800 persons - Customization on a higher NPV of the Asset Creation Incentive upto 20% of the NPV of the chosen ACI.

The State will also allow telescoping and upgrade the earlier set of incentives paid on a lower slab basis the total incentives applicable once the full investment is completed.
If a group/cluster of enterprises within the same or nearby premises (within 50 km radius), come in with a consolidated investment proposal, then it shall be eligible for cluster incentives.

RajNivesh portal provides a single point, online interface and a time-bound clearance system by acting as a one-stop information / registration / approval / tracking centre for clearances & approvals
The platform integrates over 190+ services across 18 departments, emphasizing the state's commitment to the implementation of investor-friendly policies that enhance ease of doing business and promote sustainable development policies that enhance ease of doing business and promote sustainable development.
Automated Processes: Automated systems for services like registration, licensing, and bill payments.
Reduced Compliance Burden: Simplified labor laws, environmental clearances, and other regulatory procedures.
Time-Bound Services: Guaranteed timelines for services, ensuring prompt delivery.
Dedicated Teams: Specialised teams for investor support, handholding, and facilitation.