EU-India FTA: Boost to competitiveness, level playing field vis-à-vis non-FTA nations
The EU-India FTA offers a significant boost to India’s gems and jewellery industry through reduced tariffs, easier market access, and improved competitiveness in Europe. The pact is expected to accelerate exports, attract investment, strengthen manufacturing, and reinforce India’s position as a trusted global sourcing hub for premium jewellery, says Suneeta Kaul.
GJEPC welcomes zero-duty access under India–EU FTA
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.
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.
India–Oman CEPA Grants Zero Duty Access for Gems and Jewellery
India–Oman CEPA abolishes duty on Indian gems and jewellery in Oman from December 2026, with GJEPC projecting exports rising from $ 35 million to $ 150 million within three years.
Tariff-free jewellery access reshapes UK–India trade
Signed on 24 July 2025, the India–UK Free Trade Agreement (CETA) grants Indian jewellery duty-free entry into the UK — opening the door to a surge in exports and bilateral economic growth.
India-UK Free Trade Agreement Opens New Chapter for Indian Jewellery Exports
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
Budget 2025-26 has put India on the Growth Path, Industry Leaders say
Industry leaders have praised the Union Budget for boosting consumer demand through tax reforms, increasing disposable income, and supporting economic growth
Government Launches Diamond Imprest Authorisation Scheme to Strengthen India’s Diamond Industry
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
Government Updates Wastage Norms for Jewellery Exports to Support Industry Needs
The Indian government has announced revised wastage norms for the export of gold, silver, and platinum jewellery, set to take effect on January 1, 2025
Oman Invites Indian Jewellers to Establish Manufacturing Base Amid Strengthening Economic Ties
Oman's Minister of Commerce, Industry, and Investment Promotion, HE Qais Mohammed Al Yousef, recently met with top Indian jewellers in Mumbai, inviting them to establish manufacturing bases in Oman
GJEPC and Customs Officials Convene to Address Key Challenges in Diamond and Jewellery Industry
On August 17, 2024, representatives from the Gem and Jewellery Export Promotion Council (GJEPC) and Customs officials held a crucial meeting to address key issues affecting India's diamond and jewelry industry
India Seeks to Reevaluate India-UAE Trade Pact Amid Concerns Over Precious Metal Imports
The Indian government is pushing for revisions to the India-UAE Free Trade Agreement, following recommendations from the Global Trade Research Initiative (GTRI) to withdraw duty concessions on precious metals and jewellery
GJEPC Chairman presents pre-budget recommendations during a consultation meeting with the Hon'ble Finance Minister
GJEPC Chairman Shri Vipul Shah presented key recommendations for the gem & jewellery trade at today's pre-budget meeting with Union Finance Minister Smt. Nirmala Sitharaman
IBJA Proposes Jewellery Export Facilitation Centre at GIFT IFSC
The Indian Bullion and Jewellers Association (IBJA) has proposed the establishment of a jewellery export facilitation centre at GIFT IFSC in Gandhinagar
Dubai Airport Experiences Gold Rush as Record Sales Surge for Its Largest Retailer
Dubai Duty Free, the world's busiest airport retailer at Dubai International, set a new revenue record in 2023, totalling 7.885 billion UAE dirhams ($2.16 billion). The surge is credited to robust gold demand, making it the third-largest category. Gold sales constituted 10% of total revenue, a notable increase from its 2019 ranking

