The Gem & Jewellery Export Promotion Council (GJEPC) organized the second edition of the India–UK Buyer-Seller Meet (BSM) on July 7-8, 2026 at Emirates Arsenal Stadium, London, ahead of the implementation of the India-UK Comprehensive Economic and Trade Agreement (CETA) on July 15, 2026. The event aimed to connect Indian manufacturers with UK buyers and facilitate business opportunities under the new trade framework.

The India-UK CETA will provide zero-duty access for nearly 99% of Indian exports to the UK. According to GJEPC, the agreement is expected to improve the competitiveness of Indian diamond jewellery, coloured gemstone jewellery, silver jewellery and laboratory-grown diamond jewellery in the UK market.

The event was inaugurated by Nidhi Mani Tripathi, Hon'ble Minister (Economic), High Commission of India, London, in the presence of Kirit Bhansali, Chairman, GJEPC; Mehdi Saadian, Chair, National Association of Jewellers (NAJ); Katie Cottham, Buying & Merchandising Manager, H&T Group plc (UK); and Will Evans, Director (Assay Master), London Assay Office.

Speaking at the event, Nidhi Mani Tripathi said, "The India-UK Free Trade Agreement marks a transformative milestone in our economic partnership. As the Agreement comes into effect on July 15, platforms such as the India-UK Buyer-Seller Meet will play a vital role in fostering business collaborations and unlocking new opportunities. With bilateral trade currently at around $56 billion, we look forward to expanding this partnership to $120 billion by 2030-31."

Kirit Bhansali, Chairman, GJEPC, said, "The implementation of the India-UK CETA presents a significant competitive advantage for India's gem and jewellery industry. Duty-free access to the UK market from July 15 will enhance the attractiveness of Indian products and create new opportunities across key product segments. We are confident of increasing India's gem and jewellery exports to the UK from the current $754 million to around $2.5 billion over the next few years, while contributing to the growth of bilateral trade in the sector to nearly $7 billion."

Vijay Mangukiya, Convener, International Exhibitions, GJEPC, said, "The India-UK Buyer-Seller Meet is part of GJEPC's broader strategy to deepen commercial engagement between the two countries ahead of the implementation of the India-UK CETA. Beyond facilitating direct business interactions through this platform, GJEPC will further strengthen India's presence in the UK market through the India Pavilion at Jewellery Show London this September. We are also working closely with our UK partners to bring buyer delegations to IIJS Bhart Premiere and the International Gem & Jewellery Show (IGJS) in Jaipur, creating sustained opportunities for business, sourcing and long-term partnerships across both markets."

The two-day event featured 20 Indian manufacturers showcasing diamond-studded jewellery, coloured gemstone jewellery, silver jewellery and lab-grown diamond jewellery to more than 50 UK buyers, including retail chains, wholesalers and independent retailers.

In 2025, India's gem and jewellery exports to the UK stood at approximately $754 million, while imports from the UK reached around $3.07 billion, taking bilateral trade in the sector to $3.83 billion. GJEPC stated that it will continue supporting exporters through buyer engagement programmes, webinars and capacity-building initiatives to help members leverage opportunities arising from the India-UK CETA.