India buys 700–800 tonnes of gold a year — but its real power is what happens after the metal lands. From Jaipur's master karigars to laser soldering, XRF testing and blockchain traceability, India is turning imported bullion into high-margin global luxury.
The country's gems and jewellery exports hit roughly $27.7 billion in FY2026 — and the next step is building home-grown brands with global retail footprints.