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Home » Goodnews Stories Srilankan Expats » Articles » Sri Lanka’s Gem and Jewellery Sector Eyes Bigger Share of the Indian Market
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Sri Lanka’s Gem and Jewellery Sector Eyes Bigger Share of the Indian Market

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Last updated: August 12, 2026 11:15 am
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Sri Lanka’s gem and jewellery sector is seeking to strengthen its position in India through a business delegation led by the Sri Lanka Export Development Board (EDB), which is visiting India from 8 to 13 August 2026 to develop buyer relationships, encourage sourcing partnerships and promote investment opportunities across the value chain.

Contents
  • Building commercial links through Mumbai
  • Trade and investment promotion from 10 to 12 August
  • Jaipur training strengthens the value chain
  • Sri Lanka Expo 2027 offers a wider platform
  • A positive outlook for Sri Lankan craftsmanship

Supported by the Sri Lanka High Commission in New Delhi and the Sri Lanka Consulate in Mumbai, the delegation brings together senior representatives from the EDB and the National Gem & Jewellery Authority (NGJA), as well as members of leading industry associations and established Sri Lankan companies. The visit represents a constructive effort to connect the island’s long-standing gemstone expertise with one of the world’s largest jewellery manufacturing, trading and retail markets.

The delegation includes representatives of the Sri Lanka Gem & Jewellery Association, the Lanka Gem Dealers & Miners Association and the Ceylon Gem & Jewellery Traders Association. Participating companies include Gem Paradise, Punsiri Gems, Mansoor Gems, Beauty Gems, Gemluxe Ceylon, Ashadi Jewellers, GemTrad, Ceylon Gemora and Cey Gems.

Building commercial links through Mumbai

The first stage of the programme took place from 8 to 9 August, when the Sri Lankan delegation visited the India International Jewellery Show (IIJS) at the Jio World Convention Centre in Bandra Kurla Complex and the Bombay Exhibition Centre in Mumbai.

The show provided an important platform for the delegation to observe contemporary Indian market trends, understand buyer preferences and engage directly with manufacturers, traders, exhibitors, buyers and other industry stakeholders. In a sector where commercial confidence is frequently built through direct contact, such meetings can be instrumental in identifying practical opportunities for cooperation between Sri Lankan exporters and Indian businesses.

The discussions focused on strengthening bilateral trade relations, identifying new areas of cooperation and increasing business linkages in the gem and jewellery sector. Particular attention was given to the potential for Sri Lankan exporters to connect with Indian manufacturers, retailers and traders requiring distinctive natural gemstones, reliable sourcing arrangements and specialised jewellery products.

Sri Lankan gemstone craftsmanship represented through precision cutting and inspection

Sri Lanka possesses a distinctive advantage in this field. The country is internationally recognised for its natural sapphires, rubies and other precious and semi-precious stones, while its gem-cutting traditions and jewellery craftsmanship have been developed across generations. The Sri Lanka Export Development Board’s gem, diamond and jewellery sector information describes the country as one of the world’s important gem-bearing nations, supported by the availability of precious stones and the expertise of local exporters.

The opportunity in India therefore extends beyond the sale of individual stones. It encompasses the development of long-term sourcing relationships, the supply of finished and semi-finished jewellery, joint product development, technical collaboration and investment in value-added processing.

Trade and investment promotion from 10 to 12 August

A further component of the delegation’s programme consists of trade and investment promotional events held with Indian chambers of commerce and business organisations from 10 to 12 August.

On 10 August, meetings were held with the Bombay Chamber of Commerce and Industry (BCCI) and the Maharashtra Chambers of Commerce, Industry & Agriculture (MACCIA). The Consul General of Sri Lanka in Mumbai delivered opening remarks, underlining the importance of closer commercial interaction between the two countries.

The Chairman of the EDB presented information on trade and investment opportunities in Sri Lanka and India, with particular emphasis on the potential to expand cooperation in gems and jewellery. Discussions covered increased sourcing, commercial partnerships, investment and business collaborations between companies in both countries.

The Chairman of the NGJA highlighted the global reputation of Sri Lanka’s gem and jewellery industry, including its natural gemstones, skilled workforce and industry knowledge. Indian investors and commercial stakeholders were encouraged to examine opportunities for partnerships with Sri Lankan companies, particularly in areas where technical expertise, design capability and access to high-quality natural stones can be combined.

Representatives of the participating Sri Lankan companies also delivered individual presentations explaining their products, capabilities and areas of business interest. These presentations enabled Indian business representatives to gain a clearer understanding of the range of services and products available within Sri Lanka’s sector, while promoting the island as a source of ethically obtained gemstones, fine jewellery and value-added products.

Business representatives discussing gemstone sourcing and jewellery partnerships in an Indian trade setting

The programme is also scheduled to include engagements with the World Trade Centre Mumbai, the All India Association of Industries, the International Chamber of Investment and Business, and the Mahratta Chamber of Commerce, Industries & Agriculture in Pune. Such forums create opportunities for Sri Lankan exporters to meet potential buyers and investors in a more focused environment, where commercial requirements, standards, logistics and possible areas of collaboration can be discussed in detail.

The participating Sri Lankan associations are additionally using the visit to promote important national industry events, including Gem City Rathnapura, FACETS 2027 and Gem Sri Lanka. These events offer further opportunities for Indian and international buyers to visit Sri Lanka, meet exporters and examine the country’s capabilities at source.

Jaipur training strengthens the value chain

The August trade mission follows an 18-day capacity-building programme conducted in Jaipur from 6 to 23 July 2026, during which a 29-member delegation of Sri Lankan gem and jewellery professionals received specialised training at the Indian Institute of Gem & Jewellery in Jaipur, Rajasthan.

The programme was organised within the framework of India’s continuing bilateral capacity-building cooperation with Sri Lanka. The initiative followed an announcement made by Indian Prime Minister Narendra Modi during his visit to Sri Lanka in April 2025, under which India committed to providing 700 customised training opportunities each year for Sri Lankan professionals.

The Jaipur programme covered the complete gem and jewellery value chain, with training focused on practical tools, design editing and 3D print-ready outputs. Participants were also taken to leading gemstone manufacturing facilities, including Valentine Silver International in Jaipur, where contemporary production technologies, design development processes and modern retail practices were observed.

This technical exposure is important because international competitiveness increasingly depends not only on the availability of attractive stones, but also on precision, consistency, design innovation, certification, responsible sourcing and the ability to deliver finished products that meet the requirements of sophisticated buyers.

The training programme and the August business delegation are therefore complementary. Jaipur provided professional development and technical exposure, while the India visit is creating opportunities for Sri Lankan companies to apply those capabilities in commercial settings. Together, the initiatives support a gradual movement from the export of raw or minimally processed material towards higher-value gemstones, custom-designed jewellery and finished products.

Sri Lanka Expo 2027 offers a wider platform

During the Mumbai meetings, the EDB also promoted Sri Lanka Expo 2027, which is scheduled to take place from 14 to 17 January 2027 at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo.

Indian trade buyers have been invited to attend the exhibition, while international companies involved in advanced technologies, machinery and other areas relevant to Sri Lanka’s export industries are being encouraged to participate. For the gem and jewellery sector, the event can become an important venue for presenting Ceylon sapphires, coloured gemstones, fine jewellery and associated technical capabilities to a broader international audience.

The Expo also provides a natural follow-up to the relationships initiated during the August delegation. Indian buyers and investors who meet Sri Lankan companies in Mumbai and Pune will have an opportunity to continue those discussions in Colombo, view a wider range of products and explore direct commercial relationships with exporters and manufacturers.

Ceylon sapphire jewellery displayed in a modern exhibition setting ahead of Sri Lanka Expo 2027

A positive outlook for Sri Lankan craftsmanship

The Indian market offers significant potential because it combines a large consumer base with deep expertise in jewellery manufacturing, retail and international trade. Sri Lanka’s opportunity lies in presenting its own strengths clearly: rare natural stones, recognised craftsmanship, a tradition of gem expertise and the capacity to develop more sophisticated value-added products.

The success of this initiative will depend on sustained follow-up after the delegation concludes, including reliable business communication, transparent sourcing practices, consistent quality, professional certification and efficient export services. Continued technical training will also be valuable, particularly in modern cutting, jewellery design, computer-aided manufacturing, product development and international market presentation.

The EDB-led delegation demonstrates that Sri Lanka’s gem and jewellery industry is approaching export growth through both market access and capability development. By combining technical cooperation in Jaipur, direct buyer engagement in Mumbai and Pune, and the international platform of Sri Lanka Expo 2027, the sector is positioning itself for stronger commercial relationships and a larger share of India’s extensive jewellery market.

For Sri Lankan businesses, investors and members of the global Sri Lankan community interested in positive developments from the island, eLanka continues to share news about enterprise, achievement and opportunity across Sri Lanka and the wider world.

Source: https://www.dailymirror.lk/business-news/Sri-Lanka-eyes-bigger-share-of-Indias-gem-and-jewellery-market/273-347940

This article was written based on the source https://www.dailymirror.lk/business-news/Sri-Lanka-eyes-bigger-share-of-Indias-gem-and-jewellery-market/273-347940, kindly email us at info@eLanka.com.au if any information needs to be corrected.




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Otherland Galle Opens on Sri Lanka’s Southern Coast With a Locally Built Approach to Hospitality AI-generated illustration based on source material. No authentic photograph of the Otherland Galle property is embedded in this article. Otherland Hotels opened its first property, Otherland Galle, on 12 October 2026, introducing a 66-key lifestyle hotel that brings together accommodation, dining, music and locally curated experiences on Sri Lanka’s southern coast. The opening adds a new hospitality concept to a region known for its beaches, historic Galle Fort and established surf culture, with the hotel’s programme designed to encourage visitors to engage with the wider destination as well as the property. Located on Matara Road, Otherland Galle is approximately 400 metres from Dewata Beach and 2.8 kilometres from Galle Fort, the UNESCO World Heritage Site. The hotel draws on the area’s culinary traditions, creative communities and coastal way of life, positioning local experiences as a central part of its offer rather than an optional addition to a conventional hotel stay. Founded by Rishi Sreedharan, Samarth Gowda and Emanuel Siddhartha in partnership with Beryll Group, Otherland Hotels is built around the philosophy “Never the Same Twice”. Its approach combines private rooms and suites with shared accommodation and communal spaces intended for different kinds of travellers, from couples and groups of friends to solo visitors and culturally curious guests. The co-founders, pictured from left: Emanuel Siddhartha, Rishi Sreedharan and Samarth Gowda. Source photograph: Lanka Business News. A design-led mix of rooms and shared spaces Designed by Studio Camarada, led by Andre Camara, the hotel has been arranged as a series of interconnected spaces rather than a conventional sequence of corridors and separate facilities. Its interiors draw on the colours and materials of the southern coast, including sandy neutrals, ocean blues and earthy tones, alongside rattan, ash, hand-tufted textiles and marble finishes. The 66-key accommodation comprises 24 Ocean Rooms, 25 Terra Rooms, 12 suites and five dormitories. Room sizes range from 27 square metres to the 70-square-metre Patio Suite, while the property also includes rooms designed for guests with disabilities. The mix offers a range of accommodation formats within one property, including shared dormitory options alongside private rooms and suites. At ground level, Bar-kery combines several functions: reception, coffee shop, bakery, aperitivo counter and informal co-working space. Its Vinyl Corner invites guests to browse records and choose music, giving the communal area a more participatory character. Colombo Coffee Company has developed an exclusive signature blend for the hotel. AI-generated illustrative image based on the reported design approach; it is not a photograph of Otherland Galle. The rooftop venue Creatures brings together a restaurant, cocktail bar, infinity pool and music space, with 270-degree views of the Indian Ocean. It is intended to serve as a daytime dining and swimming venue as well as an evening social space, linking the hotel’s food and music programmes with its coastal setting. Sri Lankan flavours, music and a sense of place The food programme is led by Chef Rajeev Kumar and draws on Sri Lankan culinary traditions, alongside international influences and contemporary techniques. Dishes listed for the menu include King Coconut Ceviche, Yellowfin Tuna Tataki, Lankan Fish Cutlets and Devilled Pork Ribs glazed with kithul treacle. A Watalappam Brûlée brings a familiar Sri Lankan dessert into a contemporary format. Arijit Bose leads the cocktail programme, while Aneesha Thapa manages day-to-day operations. Music is another part of the hotel’s identity, with programming across Afro, R&B, folk, funk, jazz fusion, house, techno and electronica. The combination of food, music and shared spaces is intended to make the property relevant to both visitors and people from the surrounding area. Co-founder Samarth Gowda described the approach as one intended to make the hotel feel accessible and personal: > “Otherland Galle should feel like yours from the moment you walk in. Luxury has often come with a sense of distance, with places appearing impressive because they do not feel accessible to everyone. That is not what we are building. Everything here is designed around who you are and how you want to spend your time.” AI-generated illustration of ingredients associated with Sri Lankan culinary traditions; not a photograph of the hotel’s kitchen or menu. The Other Side: experiences created with local communities A key element of the concept is The Other Side, an experiences programme developed in collaboration with local surfers, fishermen, artisans, guides, chefs and musicians. The activities are designed to connect guests with people and places beyond the hotel, while drawing on knowledge and skills already present in the Galle region. The programme includes curry masterclasses, guided walks through Galle Fort and surf lessons at Dewata Beach. Further afield, guests can take whale-watching excursions off Mirissa or kayak through the mangroves of Koggala Lake. Rooftop sunset sessions, arrack tastings, beach cricket and tuk-tuk bar crawls are among the social activities described as part of the offer. This community-led model gives local participants a role in shaping and delivering visitor experiences, rather than presenting the area only as a backdrop for sightseeing. Its longer-term value will depend on how consistently these partnerships are sustained and how directly local contributors benefit from the activity they help create. Co-founder Rishi Sreedharan said: > “At Otherland, curiosity is the operating principle. We measure success by whether guests leave with a real sense of Galle. The surfers, fishermen, chefs and craftspeople who live here have helped build these experiences, and they are the ones bringing them to life.” AI-generated coastal illustration based on the article’s setting; it does not depict a verified view from the property. A new option for visitors to Galle The opening marks the first phase of Otherland Galle’s development. A gym, wellness centre and banquet facilities are planned for a subsequent phase. The property’s initial offer, however, is already structured around more than its room inventory: its communal areas, food and beverage venues, music programme and locally developed activities form a connected hospitality concept. For Sri Lankans abroad planning a visit home, the opening provides another option near Galle, with a programme that brings together coastal recreation, local food, heritage and community knowledge. For the Galle area, the approach places local contributors at the centre of the visitor experience. Whether the model makes a lasting contribution will be measured not only by the facilities it offers, but also by the strength and continuity of those relationships. The launch also reflects a wider interest among culturally curious travellers in experiences that extend beyond accommodation and conventional sightseeing. In Galle, where historic landmarks sit alongside a living coastal culture, the opportunity is to create hospitality that is carefully designed while remaining connected to the people and traditions that give the destination its character. Sources: Lanka Business News; Colombo Times; Hiru News Gold FM; SoulofHospitality. This article was written based on the source https://www.lankabusinessnews.com/otherland-hotels-makes-its-debut-in-galle/ and corroborated by https://colombotimes.net/otherland-hotels-makes-its-debut-in-galle/, https://hirunews.lk/goldfmnews/493932/otherland-galle-opens-with-66-rooms-introduces-dormitories-to-luxury-hotel-mix and https://www.soulofhospitality.com/business/hotel-openings/otherland-hotels-enters-sri-lanka-with-a-new-approach-to-lifestyle-hospitality, kindly email us at info@eLanka.com.au if any information needs to be corrected. Click here to receive your free copy of the eLanka Newsletter twice a week delivered directly to your inbox! At eLanka, we respect the rights of creators. If we have used an image you own and you'd like it removed, please email us at info@elanka.com.au and we’ll handle it promptly. Thanks. eLanka team eLanka Disclaimer Content published on eLanka may be created by the eLanka team, submitted by contributors or third parties, reproduced or adapted from other sources with appropriate source acknowledgement, or provided as promotional/advertising material by our clients. While eLanka takes reasonable care in preparing and publishing content, we do not warrant its completeness or accuracy. Views expressed are those of the respective authors or contributors and do not necessarily represent the views of eLanka. Third-party contributors, content providers and advertisers are responsible for the accuracy of material they supply and for ensuring they hold the necessary rights and permissions for its publication. Advertising and promotional content should not be regarded as an endorsement by eLanka of any product, service or claim.

Otherland Galle Opens on Sri Lanka’s Southern Coast With a Locally Built Approach to Hospitality

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