Why Is Maharashtra’s New Gems and Jewellery Policy a Game Changer for India’s Luxury Exports?
About the Policy and Its Economic Vision
Focus Areas and Key Benefits
- Developing special jewellery parks and hallmarking centers
- Encouraging lab-grown diamond manufacturing and export facilitation
- Offering incentives for skill development, technology adoption, and global branding
For traders and investors tracking the broader manufacturing ecosystem, this move signifies renewed momentum in India’s export competitiveness. The policy could also boost allied sectors such as logistics, design, and fintech solutions catering to high-value commodities.
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How the Industry Could Transform Under the New Framework
✅ It will help in enhancing India’s share in global jewellery exports which currently stands at around 7%.
✅ The move supports the “Make in India” and “Export from India” missions by boosting value-added manufacturing.
Additionally, the inclusion of lab-grown diamond production could reshape the sector’s long-term sustainability and environmental footprint. The emphasis on training programs also reflects a strategic focus on skilling women artisans and youth in polishing, designing, and digital marketing.
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Investor Takeaway
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SEBI Disclaimer: The information provided in this post is for informational purposes only and should not be construed as investment advice. Readers must perform their own due diligence and consult a registered investment advisor before making any investment decisions. The views expressed are general in nature and may not suit individual investment objectives or financial situations.
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