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/

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 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.

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 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.

Day two of IIJS Bharat Signature 2026 at the Bombay Exhibition Centre (BEC), NESCO, Goregaon, Mumbai, was marked by the formal inauguration of the venue, and new collection launches focused on lightweight gold jewellery.

The India–New Zealand Free Trade Agreement is expected to improve price competitiveness and market access for Indian gem and jewellery exporters, with tariff benefits supporting higher exports to New Zealand.

GJEPC Chairman Kirit Bhansali highlights steady April–October export performance, seasonal October softness, policy-driven competitiveness, and the real context behind gold import trends, outlining a confident growth trajectory for India’s gem and jewellery sector.

The India-UK CETA is going to boost exports, create new jobs in the jewellery sector, and reinforce India’s position as a global leader in jewellery craftsmanship and trade, says Kirit Bhansali, Chairman, GJEPC, in a conversation with Suneeta Kaul.

India’s apparel and jewellery exporters are preparing for a potential decline in U.S. orders following the imposition of a 25% tariff on Indian imports by the United States, which takes effect today.

Gold prices advanced on Thursday as financial markets reacted to growing trade uncertainty ahead of new U.S. tariffs taking effect today, August 1.

In a significant escalation of trade tensions, former U.S. President Donald Trump has imposed a 25% tariff on all Indian exports, effective August 1, delivering a sharp blow to India’s diamond and jewellery sector. Adding to the disruption, Trump also announced an unspecified "penalty" tied to India's continued purchases of military equipment and oil from Russia.