The Gem and Jewellery Export Promotion Council (GJEPC) has welcomed the government’s landmark Export Promotion Mission (EPM) for the gems and jewellery sector, which includes a ₹ 20,000 crore collateral-free credit guarantee for exporters and interest-subvention benefits.
The mission also supports exporter participation in international trade-fairs and focuses on branding, certification and market-linkages — targeting an ambitious export goal of $100 billion by 2047.
Why it matters: This financial and policy backing matters for capital-intensive export MSMEs, especially in a luxury-goods segment now facing global competition. Investors, lenders and exporters should note this structural push in India’s export finance chain.
