Report on deployment of bank credit to G&J Sector for the month of September 2025 (Published in December 2025)

Deployment of bank credit September, 2025 ▪ Bank credit deployed as on September’25 ▪ Monthly movement in deployment of bank credit ▪ Monthly export performance of the G&J sector ▪ Export performance vs Bank credit deployed

Source: Reserve Bank of India- Sectoral Deployment of Credit Bank credit deployed as on September - 2025 Deployment of credit pertains to the entire G&J sector not limited to SEZ, export or domestic markets. The Gem & Jewellery Export Promotion Council |Published in Nov’25 84 86 88 90 92 94 96 98 100 102 Sep-23 Sep-24 Sep-25 INR Crores in '000 Credit Deployed to the G&J Sector 3,100 3,200 3,300 3,400 3,500 3,600 3,700 3,800 3,900 4,000 4,100 4,200 Sep-23 Sep-24 Sep-25 INR Crores in '000 Credit Deployed to All Industries 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% Sep-23 Sep-24 Sep-25 Change in Credit to Industry (YoY) Change in Credit to G&J Sector (YoY)

Source: Reserve Bank of India- Sectoral Deployment of Credit Monthly Movement in Deployment of Bank Credit The Gem & Jewellery Export Promotion Council |Published in Nov’25 91 92 87 88 86 83 86 91 87 89 91 94 100 80 85 90 95 100 105 INR Crores in '000 Monthly O/s Credit to G&J Industry 3,802 3,774 3,813 3,854 3,875 3,875 3,937 3,895 3,882 3,933 3,948 4,002 4,081 3,700 3,750 3,800 3,850 3,900 3,950 4,000 4,050 4,100 INR Crores in '000 Monthly O/s Credit to All Industires -8% -6% -4% -2% 0% 2% 4% 6% 8% 10% 12% Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Change in Credit to G&J Sector (YoY)

hly O/s Credit to All Industires -8% -6% -4% -2% 0% 2% 4% 6% 8% 10% 12% Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Change in Credit to G&J Sector (YoY) Change in Credit to Industry (YoY)

Source: GJEPC Analysis Export Performance of the G&J Sector 7.15 7.61 7.21 7.73 6.47 6.22 6.95 7.24 5.93 7.21 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 9.00 Q1 April to June Q2 July to September Q3 October to December Q4- January to March USD Billion FY 2024 FY 2025 FY 2026 The Gem & Jewellery Export Promotion Council |Published in Nov’25

Source: GJEPC Analysis Commodity Wise Exports The Gem & Jewellery Export Promotion Council |Published in Nov’25 22048 1680 9619 4390 15967 1402 11230 3686 13292 1267 11368 2744 6250 587 5795 1464 0 5000 10000 15000 20000 25000 Cut & Polished Diamonds Worked LGD Gold Jewellery (Plain & Studded) Others USD in Millions FY 2023 FY 2024 FY 2025 FY 2026 (Upto September-25)

Source: GJEPC Analysis Import & Export Trends The Gem & Jewellery Export Promotion Council |Published in Nov’25 37.74 32.29 28.67 14.10 25.90 22.42 19.61 10.59 0.00 5.00 10.00 15.00 20.00 25.00 30.00 35.00 40.00 FY 2023 FY 2024 FY 2025 FY 2026 [Upto September] Amount in USD Billions Amount in USD billions Export Amount in USD billions Import

42 19.61 10.59 0.00 5.00 10.00 15.00 20.00 25.00 30.00 35.00 40.00 FY 2023 FY 2024 FY 2025 FY 2026 [Upto September] Amount in USD Billions Amount in USD billions Export Amount in USD billions Import

Source: GJEPC Analysis Export Performance vs Bank Credit Deployed 25% 40% 27% 25% 35% 37% The Gem & Jewellery Export Promotion Council |Published in Nov’25 35.61 25.5 39.57 37.72 29.7 26.87 8.78 10.16 10.62 9.45 10.36 10.06 0 5 10 15 20 25 30 35 40 45 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 USD Billions Industry Export Turnover Gross Bank Credit

Disclaimer This report is prepared by The Gems and Jewellery Export Promotion Council (GJEPC) for general guidance and information purposes only and should not be reproduced or disseminated to others without the permission of The Gems and Jewellery Export Promotion Council. Though, every effort is done to confirm the accuracy and completeness of the data contained, the GJEPC takes no responsibility and assumes no liability for any error/ omission or accuracy of the report. Readers of the report should seek professional advice or arrive at their own judgement and conclusion before making any decision based on this report. The Gem & Jewellery Export Promotion Council For any information contact: Mr. Sudhir Patil Manager – Trade Policy & Projects Tel :+9122 4226 3600 ho@gjepcindia.com | www.gjepc.org