The ongoing conflict in the Middle East following the reported joint military action by the United States and Israel against Iran is expected to significantly impact India's gems and jewellery sector, particularly exports and imports to Israel and Dubai, industry stakeholders said.
Kirit Bhansali, Chairman of the Gem and Jewellery Export Promotion Council (GJEPC) India, said it is a joyous moment for the entire gems and jewellery sector.
While speaking with ANI on the impact of the tariff agreement, Patwari said, "Gujarat stands to gain substantially, particularly in sectors such as seafood, gems and jewellery, and agriculture. Gujarat has India's longest coastline, making the state's seafood industry a major beneficiary of
Kirit Bhansali, Chairman of the Gems and Jewellery Export Promotion Council (GJEPC), stated that the agreement, set to be finalised in March, will provide much-needed relief to a sector that has struggled with high tariffs over the last year. He noted that the US remains the most critical ma
Memani noted that the United States, the world's largest economy, is also India's largest trading partner, with total Indian exports to the US estimated at around USD 80-90 billion annually. Of this, nearly 50-60 per cent, roughly USD 50 billion, comes from labour-intensive sectors such as g
Prime Minister Narendra Modi has said that the India-EU Free Trade Agreement finalized on Tuesday will provide easy access to the European Union market for India's labour-intensive products, including textiles, gems and jewellery, auto parts, and engineering goods.
"With the proposed tariff of around 500%, doing business with the US is out of the question right now. It will very badly affect exporters in textiles, engineering goods, pharmaceuticals, toys, and gems and jewellery," Mehta told ANI in an exclusive interview in the national capital. He d
India-Oman Free Trade Agreement will open up significant opportunities across sectors including textiles, food processing, automobiles, gems and jewellery, agrochemicals, renewable energy and auto components. This was stated by Union Minister of Commerce and Industry, Piyush Goyal, while add
India's gems and jewellery trade witnessed a sharp contraction in October 2025, as exports and imports declined across major segments due to subdued global demand, high interest rates, supply chain disruptions, and the impact of steep US tariffs, as per the data released by the Gems and Jewe
"Most exporters told us they front-loaded their consignments to manage the impact of tariffs. They can bear this situation only till December. If the dispute isn't resolved by then, layoffs will begin in the textile and apparel sector, gems and jewellery, as well as in shrimp exports," Gulat
India is a major player in the global gems and jewellery market, and SAJEX2025 provides a platform for business networking and exploring opportunities. The event aligns with Saudi Arabia's Vision 2030, focusing on economic diversification and growth.
New Delhi [India], September 8: The 13th edition of the Delhi Jewellery and Gem Fair (DJGF), North India's foremost B2B jewellery exhibition, is set to transform Bharat Mandapam, Pragati Maidan, New Delhi into a vibrant marketplace of innovation and tradition from September 13-15, 2025. Orga