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.
US Jewellery Market Holds Strong as Sales Rise Despite Tariffs, Gold Surge and Industry Contraction
Despite soaring gold prices, steep tariffs and rising crime, US jewellery sales continue to climb in 2025 — driven by resilient consumer demand, strong independents and a smaller but stronger retail base.
Mumbai Airport to Allow Jewellery Import via Private Transport from May 1
From May 1, travellers passing through Mumbai Airport will be allowed to import and export jewellery via private transport, following a formal directive from the Central Board of Indirect Taxes and Customs (CBIC). The initiative, led by the Gem and Jewellery Export Promotion Council (GJEPC), is expected to simplify logistics for exporters and boost India's position as a global jewellery hub
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
Gold Import Restrictions Impact Major Indian Jewellery Stocks
Titan Slips, Senco Gold Hits All-Time High, Kalyan Jewellers Jumps as Government Restricts Gold Jewellery Imports
Indian Gems & Jewellery Imports See Modest Increase in April 2024; Exports Decline
In April 2024, India's Gems & Jewellery industry witnessed a marginal uptick in imports, while exports experienced a notable decline, reflecting both domestic and global economic dynamics
Government Implements Restrictive Measures on Gold Imports to Promote Indigenous Manufacturing and Protect Artisan Livelihoods
This strategic move aims to strengthen the Indian jewellery industry by curbing the disproportionate import of bullion compared to jewellery and fostering local manufacturing capabilities
India’s Gems And Jewellery Exports Grew by 2.62 % y-o-y to US$ 3.46 Billion
Ministry of Commerce reveals India’s total merchandise exports rose by 30.70 %
Business worth Rs 15,000 cr clocked this Akshaya Tritaya: CAIT
This is a marked jump from the pre-pandemic era of 2019, when gold worth Rs 10,000 crore was sold
Jewellery exports to UAE to surge to $10 bn annually on back of 0% duty: GJEPC
The India-UAE CEPA will fast-track India’s goal of reaching $50 billion in exports of gems and jewellery by 2022-23, says GJEPC
India's FTA with UAE to pave way for duty-free jewellery exports to UAE: GJEPC
The FTA will fast-track India’s goal of reaching $52 billion in exports of gems and jewellery by 2022-23
Aided by G&J sector, India’s exports grew 25% Y-o-Y in Jan
Gems and jewellery exports were at $3.2 billion, 13.6% higher than the corresponding period last year
Customs duty on cut & polished diamonds, gemstones cut to 5%
In her Budget speech, the Finance Minister said that customs duty on cut and polished diamonds and gemstones would be reduced to 5% from the existing 7.5%
India-Morocco Look to Strengthen Ties In The G&J Sector
The Gem & Jewellery Export Promotion Council (GJEPC) and Embassy of India, Morocco, jointly organised the India Global Connect on 20th May, 2021
