GJEPC Applauds Export Promotion Mission as Catalyst for USD 100 Billion Gem & Jewellery Export Vision.

AHMEDABAD, 14 November: The Gem & Jewellery Export Promotion Council (GJEPC) has welcomed the Union Cabinet’s approval of the Export Promotion Mission (EPM) — a landmark initiative aimed at strengthening India’s export ecosystem with a total outlay of ₹25,060 crore for FY 2025–26 to FY 2030–31.

“The inclusion of key measures such as the Credit Guarantee Scheme for Exporters (CGSE) — offering ₹20,000 crore of collateral-free credit with 100% guarantee through the National Credit Guarantee Trustee Company Limited — along with interest subvention, will play a pivotal role in providing affordable capital to this capital-intensive sector. These initiatives will empower MSMEs with easier access to finance and liquidity support.

The Export Promotion Mission will accelerate our vision of achieving USD 100 billion in gem and jewellery exports by 2047, contributing meaningfully to the Government’s larger vision of Viksit Bharat @2047. The GJEPC looks forward to working closely with the Government to translate this support into higher exports, greater value addition, and enhanced employment opportunities for our sector,” said Mr. Kirit Bhansali, Chairman, GJEPC.

The gem and jewellery sector, one of India’s most labour-intensive industries, employs over 4.3 million people and contributes around 6.8% to the country’s total merchandise exports. Enhanced access to affordable finance, branding assistance, and export logistics support under the EPM will help Indian jewellers strengthen their global footprint, especially in new and emerging markets.

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(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ/ ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)