Maharashtra: Gems and Jewellery

Sector

Sourcing
India
Gems and Jewellery

- India is largest consumer of gold, accounting for more than 20% of the total world’s
gold consumption
- 96% of the total players are family-owned businesses
Processing - India is world's largest cutting and polishing center for diamonds
- India exports 95% of the world’s diamonds

Maharashtra
- Gems and Jewellery Industry is considered as one of the key industries of the State
- State contributes majorly to the export from the Gems and Jewellery Sector
Manufacturing - Maharashtra is one of the key states with gemstone reserves and mining potential
- Mumbai is India’s most important diamond cutting and polishing center

Selling
Maharashtra: Gems and Jewellery Sector Ecosystem

Gems & Jewellery Hubs in Maharashtra Major Gems & Jewellery Hubs
SEEPZ SEZ, Mumbai
- SEEPZ SEZ is spread across 111 acres in center of city, having 7 standard design
factories and 3 Gems and Jewellery factories.
- Well connected network of central roads, business facilitation center, central
warehouse, foreign post office, offshore banking unit, authorized dealer of foreign
exchange, convention center, in-house custom clearance facility , uninterrupted
Aurangabad power supply makes this place very ideal location for Gems and Jewellery sector

Hupri, Kolhapur
Mumbai
Nanded - A specialized Silver Zone at Hupri in Kolhapur. This Zone offers integrated
Infrastructure of International Standard and Common facilities tailor-made for the
silver units.
- This Silver Park is spread across 200 acres and has centralized facility such as
recycling and purifying effluents, Banks, Schools, post office.

Dedicated Institutes
Kolhapur - The Gemological Institute of India in Mumbai has state of the art laboratory
facilities for colour stone identification, geographical origin determination, diamond
Gems and Jewellery Hubs grading, grading of diamond studded Jewellery and R&D facility
- The Indian Institute of Gems & Jewellery based in Mumbai is one of its kind in the
Country and has been setup for skill development and necessary support and
guidance for entrepreneurs
Key Players in the Gems and
Jewellery Sector