GJEPC Seeks Tariff Relief as New U.S. Trade Regime Retains 10% Duty on Indian Gem and Jewellery Exports
With the U.S. Section 301 tariff regime taking effect on July 24, 2026, GJEPC says Indian gem and jewellery exports continue to face a 10% additional tariff despite policy compliance.
Rajiv Jain Elected Chairman of Jaipur Jewellery Show
The Jaipur Jewellery Show Organizing Committee has unanimously elected Rajiv Jain as Chairman on July 20 in Jaipur, while naming Vimal Chand Surana Patron after his 19-year tenure.
SICIS Jewels Partners Vaishali S for Swayam Showcase at Paris Haute Couture Week
SICIS Jewels collaborated with Vaishali S as the official jewellery partner for the Swayam collection, presented on July 8, 2026 at the Residence of the Ambassador of India in Paris.
Jitin Prasada Inaugurates Customs Export-Import Facilitation Centre at SEEPZ-SEZ
Union Minister Jitin Prasada inaugurated the Customs Export-Import Facilitation Centre at Mumbai’s SEEPZ-SEZ on June 19, 2026 to streamline customs processes, improve logistics and support exporters through integrated infrastructure.
Department of Commerce Urges Jewellery Exporters to Leverage FTAs
The Department of Commerce and GJEPC organized an outreach programme in Jaipur on 9 June, encouraging jewellery exporters to utilize India’s FTAs to expand exports and access global markets.
Botswana and Angola Join WFDB as Nation Affiliate Members
At the WFDB International Summit in Gaborone, Botswana and Angola joined as Nation Affiliate Members, strengthening engagement between producing nations, trading centres and the global natural diamond manufacturing industry.
Government Increases Customs Duty on Gold, Silver and Jewellery Components
The Finance Ministry has increased customs duty across multiple precious metal and jewellery categories, impacting gold, silver, platinum findings and recycled precious metal imports effective from May 13, 2026.
India Opens Kimberley Process Intersessional Meeting in Mumbai
India commenced the Kimberley Process Intersessional Meeting 2026 in Mumbai on May 11, bringing global participants together to discuss compliance, monitoring and consumer confidence in responsibly sourced natural diamonds.
Bharat Diamond Bourse hosts Leadership Series with MUBRI and WGC executives
Bharat Diamond Bourse organized a Leadership Series session in Mumbai featuring MUBRI President Ali Pastorini and WGC India CEO Sachin Jain, addressing Latin America demand, trade barriers, and domestic market outlook.
Seven Districts Added in Sixth Phase of Mandatory Gold Hallmarking
The Government of India has expanded mandatory gold hallmarking to seven additional districts under the sixth phase of implementation, increasing nationwide coverage to 380 districts effective March 2, 2026.
India–US Interim Trade Framework Reduces Jewellery Duties, Signals Zero-Duty Path for Diamonds
Following the India–US Interim Agreement framework announcement, GJEPC confirms duty reduction on jewellery to 18% and anticipates zero-duty access for diamonds and coloured gemstones in the US market.
Bakul Limbasiya receives APO National Award
Bakul Limbasiya of Bhathwari Technologies was awarded the APO National Award in New Delhi in January 2026, recognizing contributions to productivity, innovation and leadership in India’s lab-grown diamond sector.
GJEPC seeks duty-free access for Indian jewellery in India-EU FTA
Ahead of the 27 January 2026 India-EU Summit in New Delhi, GJEPC has urged the Government of India to secure duty-free EU access for jewellery to expand exports and double bilateral trade.
We are optimistic about India’s diamond export trajectory in 2026 Sabyasachi Ray, ED, GJEPC
In spite of an 8.76% dip in cut and polished diamond exports during April-November 2025, GJEPC remains optimistic about India’s export performance in 2026. The Council is looking forward to the BTA with the US, and should that take longer than expected, it will take all necessary measures in coordination with the government and stakeholders to support exports, and ensure continued growth, says Sabyasachi Ray, Executive Director, GJEPC, in a conversation with Suneeta Kaul.
India’s Gem & Jewellery Exports to US Fall 44.42% in April–December 2025
India’s gem and jewellery exports to the US declined sharply in April–December 2025 amid tariff pressures, while growth in UAE, Hong Kong and FTA markets kept overall exports largely stable.
