GJEPC has responded to the India–EU Free Trade Agreement, stating that zero-duty access for jewellery will support exports, improve competitiveness and help double bilateral gem and jewellery trade within three years.

Following the announcement of the India-EU Free Trade Agreement, GJEPC Chairman Kirit Bhansali outlined its expected impact on exports, employment and market diversification for India’s gem and jewellery sector.

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.

With the steep Trump tariffs now having come into play, the cutting, polishing, manufacturing and export hubs of India are facing severe problems, with joblessness and unit-closure a distinct possibility. The silver lining is that the GJEPC is hopeful of a solution, particularly in view of the advocacy efforts of its US counterparts, who are also working hard to impress upon the Trump administration that the high tariffs will have a deleterious effect on the US jewellery industry as well. In a free-wheeling conversation with Suneeta Kaul, Kirit Bhansali, Chairman, GJEPC, talks about the impact of the tariffs, the steps being taken to bring about some relief to the industry, its expectation from the government, and more.

India is preparing to address concerns over the sharp rise in silver imports from the UAE under the India-UAE Comprehensive Economic Partnership Agreement (CEPA). The issue, centered around rules of origin for concessional duties, will be discussed during a joint task force meeting between the two nations next week

Mumbai is poised to solidify its stature as a global hub for the jewellery industry with the announcement of India's first Mega Common Facility Centre (CFC) and plans for a major jewellery park in Navi Mumbai

The Maharashtra state government has recently approved the allocation of additional land to facilitate worker housing near the India Jewellery Park, a project led by the Gem and Jewellery Export Promotion Council (GJEPC) in Navi Mumbai.

Hon’ble Minister of Commerce & Industry, Piyush Goyal, and Olivier Becht, Minister Delegate for Foreign Trade, Economic Attractiveness and French Nationals Abroad, Government of France, who are currently attending the G20 Trade and Investment working group meetings (TIMM) in Jaipur, inaugurated the “NAVARATAN” exhibition, which is held on the sidelines of the G20 TIMM at the Chandra Mahal, Sawai Man Singh Mahal, Rambagh Palace Hotel, Jaipur.

Commerce & Industry Minister Piyush Goyal flags-off the first consignment under India-Australia ECTA from Mumbai

Export Council Chairman raises key industry issues at the Meeting chaired by the Commerce Minister, Piyush Goyal

The meeting was held to discuss the gem & jewellery export targets for the year 2022-2023, and other issues pertaining to the trade

The event has generated an estimated business of Rs 5000 crore, according to GJEPC

Commerce and Industry Minister Piyush Goyal has said that the government looks forward to concluding CEPA with GCC countries this year

The FTA will fast-track India’s goal of reaching $52 billion in exports of gems and jewellery by 2022-23