The proposed Jewellery Park in Kerala has moved into a new phase with the Kerala Gold and Silver Merchants Association (KGSMA) submitting its Detailed Project Report (DPR) to Chief Minister V.D. Satheesan. The association is pitching the project as an integrated industrial hub that could bring jewellery manufacturing, technology, quality assurance, logistics and exports under one ecosystem.
KGSMA state president K. Surendran and state general secretary Adv. S. Abdul Nasser handed over the DPR to the Chief Minister. The proposal comes after the state government announced support for establishing a dedicated gold hub and jewellery manufacturing park as part of its 2026-27 budget initiatives. The government has also allocated ₹10 crore for the Jewellery Park, according to reports.
A 30-acre industrial hub
The association is seeking around 30 acres of land for the proposed park. According to the DPR submitted by KGSMA, the project is expected to attract more than ₹2,000 crore in investment and generate around 24,000 direct employment opportunities once implemented. The project is also expected to create additional indirect employment across supporting industries and services.
The proposed development is intended to strengthen the manufacturing side of Kerala’s jewellery industry, rather than focusing only on retail and trading. The broader government plan has identified the Kochi-Thrissur belt as a potential jewellery manufacturing corridor and gold hub.
From jewellery making to exports
The proposed park is designed as an integrated ecosystem covering multiple stages of the jewellery value chain. Manufacturing units would form the core, supported by modern design centres, testing and quality-control facilities and hallmarking infrastructure.
The plan also envisages gold refining and recycling facilities, warehouses, logistics infrastructure and export-related facilities. Bringing these operations together could allow manufacturers and other businesses to share infrastructure and services, potentially reducing operational constraints for smaller and medium-sized enterprises.
For Kerala’s traditional jewellery-making sector, the proposed model also seeks to combine established craftsmanship with modern production technology. Shared facilities could help smaller manufacturers access infrastructure that may otherwise require significant individual investment.
Export ambitions
KGSMA expects the proposed park to improve the competitiveness of Kerala-based jewellery manufacturers in both domestic and international markets. A stronger manufacturing ecosystem could also support greater exports of finished jewellery and other value-added products.
The association has been seeking government support for land and related infrastructure, while the project now awaits detailed examination and further administrative action. The proposal is part of a wider push to strengthen Kerala’s position in the gold and jewellery value chain.
For the industry, the next stage will depend on land availability, government approvals, infrastructure development and the ability to attract manufacturers and allied businesses into the proposed cluster. If implemented as outlined in the DPR, the Jewellery Park could create a more integrated base for jewellery production, technology, logistics and exports in Kerala.
