The federal government has taken a major step to strengthen Pakistan’s gemstone and jewelry industry, announcing plans to increase precious stones exports to $1 billion over the next five years.
According to official sources, the government has prepared an initial draft of the Gems and Jewelry Policy for the period 2027–2030, which has been shared with Prime Minister Shehbaz Sharif and will soon be presented to the federal cabinet for approval.
Stakeholder Consultation Ordered by Prime Minister
Sources say the Prime Minister has directed relevant ministries to consult industry stakeholders, exporters, and technical experts before finalizing the policy. The goal is to ensure the policy supports sustainable growth, transparency, and international competitiveness.
Strong Focus on Value Addition and Exports
Under the proposed policy, the government aims to:
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Increase gemstone and jewelry exports by $1 billion in five years
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Promote value addition instead of raw stone exports
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Improve Pakistan’s image in global gem and jewelry markets
Officials believe this strategy will help Pakistan earn valuable foreign exchange and diversify exports.
Training Thousands of Skilled Workers
Human resource development is a key pillar of the policy. According to the draft:
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3,500 workers will be trained in gemstone cutting, polishing, and jewelry manufacturing
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Training will focus on meeting international quality standards
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The initiative is expected to generate new employment opportunities
International & Local Exhibitions Planned
To promote Pakistani gemstones globally, the government plans to organize:
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320 international exhibitions
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1,000 domestic exhibitions
These exhibitions will help connect Pakistani exporters with global buyers, brands, and investors.
Modern Machinery and Gemstone Centers
The policy also includes:
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Rs 62.4 million worth of value addition through gemstone centers
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Provision of 48 modern machines for cutting and polishing
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Improved processing facilities to enhance quality and competitiveness
Rs 9.78 Billion Budget Allocation
To support the industry’s growth, the government plans to allocate:
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Rs 9.78 billion over the next four years
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Funding will be used for infrastructure, training programs, exhibitions, and technology upgrades
Experts say Pakistan has vast untapped gemstone reserves, especially in Gilgit-Baltistan, Khyber Pakhtunkhwa, and Balochistan, and this policy could unlock their true economic potential.
A Key Step Toward Export-Led Growth
Industry analysts believe that if implemented effectively, the new Gems and Jewelry Policy could transform Pakistan’s gemstone sector into a globally competitive export industry, helping boost employment and strengthen the national economy.
