Karnataka plans to become a jewellery hub with a mega jewellery park near Bengaluru airport

Karnataka is set to strengthen its position in the jewellery sector with a proposed mega jewellery park near Bengaluru’s international airport. Industries Minister MB Patil announced the plan at IIJS Tritiya 2025, a key B2B jewellery exhibition, highlighting the state’s ambition to become a leading hub for jewellery manufacturing and exports.

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The proposal comes at a time when India’s gem and jewellery industry faces challenges such as declining exports and the possibility of US tariffs. Despite these hurdles, the sector remains resilient, supported by expanding free trade agreements and government initiatives aimed at boosting growth.

A major player in this industry, the Gem and Jewellery Export Promotion Council (GJEPC), has set an ambitious export target of $70 billion by 2030. Established in 1966 under the Ministry of Commerce, the council has been instrumental in promoting India’s jewellery exports on the global stage.

The planned jewellery park is expected to enhance local manufacturing, attract substantial investments, and create employment opportunities. By providing dedicated infrastructure and streamlined processes, Karnataka aims to position itself as a key contributor to India’s jewellery trade and strengthen its global competitiveness.

With supportive policies and industry-driven initiatives, the state’s move aligns with broader efforts to revitalize the jewellery sector, ensuring sustained growth and international market expansion.