The GJEPC has welcomed the India-U.S, trade agreement announcement, saying the move could ease tariff pressures and provide much-needed relief to India's gem and jewellery exporters/

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.

The GJEPC hails the Union Cabinet’s Export Promotion Mission as a transformative step that strengthens MSMEs, boosts global competitiveness, and accelerates India’s journey toward $ 100 billion gem and jewellery exports by 2047.

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.

The recently signed India-UK Free Trade Agreement (FTA) is set to significantly reshape the landscape for Indian gem and jewellery exports, granting zero-duty access to the UK market for the first time. The agreement removes existing tariffs of up to 4% on jewellery exports, delivering an immediate competitive edge for Indian exporters and reducing cost pressures across the supply chain

The Government of India has announced the reintroduction of the Diamond Imprest Authorisation (DIA) Scheme, aiming to boost India’s competitiveness in the global diamond trade and support the domestic industry

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

Malabar Group has announced its Rs.16 crore National Scholarship Programme for 2024, aimed at supporting over 21,000 girl students across India. Launched at the Bharat Diamond Bourse in Mumbai, this initiative reflects the Group's commitment to empowering girls through education as part of its corporate social responsibility efforts

The India International Jewellery Show (IIJS) Premiere 2024, hosted by the Gem & Jewellery Export Promotion Council (GJEPC), has set a new industry milestone by generating a record-breaking USD 12 billion in business

Union Minister Piyush Goyal recently celebrated the inauguration of the Bharat Ratnam – Mega Common Facility Center (CFC) at SEEPZ, emphasizing its pivotal role in India's gem and jewellery industry

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

India’s First Mega CFC for the Gems and Jewellery Industry at SEEPZ dedicated to the Nation