GJEPC Seeks Tariff Relief as New U.S. Trade Regime Retains 10% Duty on Indian Gem and Jewellery Exports
With the U.S. Section 301 tariff regime taking effect on July 24, 2026, GJEPC says Indian gem and jewellery exports continue to face a 10% additional tariff despite policy compliance.
GJC Flags Risk to Gem & Jewellery Exports Over US 10% Tariff
The Gem & Jewellery Council has cautioned that the US' 10% tariff on Indian imports could weaken export competitiveness, squeeze margins and impact jobs, urging government intervention through trade negotiations.
India’s Gem & Jewellery Exports Rise 26.5% in June
India’s gem and jewellery exports increased 26.51% year-on-year to $2.21 billion in June 2026, driven by stronger global demand, lower gold prices and growth across key product categories.
GJEPC Leads Trade Delegation to Uzbekistan to Expand Export Opportunities
GJEPC hosted a networking meet in Tashkent on July 14, bringing Indian gem and jewellery exporters together with Uzbek trade stakeholders to explore partnerships and strengthen bilateral business opportunities.
Mumbai Flags Off First Jewellery Export Consignment to UK Under India–UK CETA
Mumbai flagged off its first jewellery export consignment to the UK on July 15 under the India–UK CETA, marking nationwide shipments expected to benefit exporters through zero-duty market access.
GJEPC Holds India-UK Buyer-Seller Meet Ahead of CETA Implementation
Ahead of the India-UK CETA taking effect on July 15, 2026, GJEPC hosted a London Buyer-Seller Meet to connect Indian exporters with UK buyers and expand bilateral gem and jewellery trade.
GJEPC Joins Trade Mission to UK and Greece to Expand Export Opportunities
The Gem & Jewellery Export Promotion Council joined the Union Commerce Minister's trade mission to the UK and Greece to strengthen market access, promote exports and deepen trade partnerships across Europe.
India’s Gem and Jewellery Exports Reach $4.27 Billion in April-May 2026; GJEPC Raises Duty-Free Gold Supply Concerns
India’s gem and jewellery exports totalled $4.27 billion in April-May 2026, while GJEPC urged the government to address gold supply constraints and regulatory issues affecting export manufacturing.
India–New Zealand FTA Signed; Zero-Duty Access for Gems and Jewellery
India and New Zealand signed a Free Trade Agreement on April 27, 2026, in New Delhi, enabling zero-duty access for Indian jewellery exports and phased tariff concessions on select imports.
India–New Zealand FTA to drive gem and jewellery exports to $ 50 million
GJEPC says India–New Zealand FTA signed on April 27, 2026 will enable zero-duty access, supporting export growth from $ 16.61 million to $ 50 million within three years.
India gem and jewellery exports at $27.72 billion in FY26
India’s gem and jewellery exports totalled $27.72 billion in FY2025–26, reflecting a structural shift towards diversified markets and value-added segments amid global uncertainties and declining dependence on the US market.
IGJS Jaipur 2026 draws 230+ international buyers across 30 countries
GJEPC’s IGJS Jaipur 2026, held April 9–11 in Jaipur, hosts 85 companies and over 230 global buyers, reinforcing India’s sourcing position amid geopolitical shifts and evolving trade dynamics.
India’s Gem and Jewellery Exports Rise 3.86% to $ 2.68 Billion in February: GJEPC
India’s gem and jewellery exports increased 3.86% year-on-year to $ 2,680.79 million in February 2026, according to GJEPC, supported by growth in silver and platinum jewellery shipments.
Government Issues SOP on Bank Account Freezing, Bringing Relief to Surat Diamond Industry
India’s Ministry of Home Affairs has issued a standard operating procedure governing bank account freezes in cybercrime investigations, offering relief to Surat’s diamond industry after multiple firms faced sudden account suspensions.
India Gem & Jewellery Exports at $ 23.19 Billion in April–January; India–US Trade Framework Restores 18% Tariff Access
India’s gem and jewellery exports totalled $23.19 billion in April–January 2026, down 0.64% year-on-year, as US shipments fell 45%, while a new India–US trade framework restores 18% tariff access.
