US–India Trade Deal Boosts Gems & Jewellery Sector | GJEPC’s Sabyasachi Ray Speaks | Business News
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Загружено: 2026-02-03
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US–India Trade Deal Boosts Gems & Jewellery Sector | GJEPC’s Sabyasachi Ray Speaks | Business News
India’s gems and jewellery industry is set for a major turnaround as the US lowers reciprocal tariffs following a landmark trade deal.
In this exclusive conversation on Neeti Now, Sabyajit Ray, Executive Director, GJEPC, explains how the rollback of punitive tariffs—earlier as high as 50%—could revive diamond, coloured gemstone and studded jewellery exports to the US, India’s largest market.
From zero-duty diamonds under Annexure 3 to improved margins, working capital relief and revival in order inflows, Mr. Ray breaks down what this trade agreement means for exporters, employment and long-term growth prospects of the sector.
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