Bengaluru: Industries Minister MB Patil has proposed setting aside land near Bengaluru’s international airport for a mega jewellery park, aiming to establish Karnataka as a leading hub for jewellery manufacturing and exports. The announcement was made at the IIJS Tritiya 2025, a major B2B jewellery show.

The proposal comes as the sector struggles with declining exports and potential US tariffs. However, India’s gem and jewellery industry continues to demonstrate resilience despite geopolitical and economic challenges.

Kirit Bhansali, Chairman of the Gem and Jewellery Export Promotion Council (GJEPC), expressed optimism, stating, “With expanding FTAs and government support, we aim to hit a $70 billion export target by 2030.”

Established in 1966 by the Ministry of Commerce, Government of India, GJEPC plays a crucial role in promoting Indian jewellery exports. The proposed jewellery park is expected to boost local manufacturing, attract investments, and generate employment.

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