During the "Chintan Shivir – 2040 Roadmap for Gems & Jewellery" strategy session, organized by the Department of Commerce and the Gem & Jewellery Export Promotion Council under Union Minister Piyush Goyal, India’s Commerce Secretary Shri Rajesh Agrawal outlined an ambitious roadmap to expand the nation's exports. The initiative aims to scale export revenues from USD 28 billion recorded in 2025–26 to USD 100 billion by 2040. Key to this strategy, which aligns with the broader Viksit Bharat vision, is transforming the domestic industry from a low-margin Original Equipment Manufacturer model into a prominent global Original Design Manufacturing and branding hub.
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