Razorpay POS's report reveals a significant shift in Indian consumer behavior, with weekdays becoming increasingly similar to ...
The Indian gems and jewellery sector is the country’s third-largest export to the US, after engineering and electronic goods. It employs millions of people, many of whom are involved in ...
The Indian gems and jewellery industry expects US President Donald Trump’s decision to impose a 27 per cent tariff on imports from the country will be a “significant burden” and complicate the task of ...
The US retaliatory tariffs are a major setback for the Indian gems and jewellery exports, apex industry body GJEPC said on Thursday as it urged the government to take steps to secure the long-term ...
The imposition of US tariffs on Indian gems and jewellery is a significant blow to an already struggling sector By Paresh Parekh US tariffs of around 27% wef April 2025 on Indian gems and ...
The United States is the largest market for Indian gems and jewellery. In the 2023-24 financial year, India exported about $33 billion worth of these products, with nearly $10 billion going to the US.
However, pricing and competitiveness will be pressured, requiring Indian manufacturers to adapt. Demand for studded jewellery continues to be robust, but this tariff change calls for quick action ...
The US's imposition of 27% tariffs on Indian gems and jewellery poses significant challenges for India's export sector. Industry leaders urge the Indian government to address this through strategic ...
However, pricing and competitiveness will be pressured, requiring Indian manufacturers to adapt. Demand for studded jewellery continues to be robust, but this tariff change calls for quick action ...
However, he added that 'Despite the challenges, high-value studded jewellery will remain resilient, as discerning US buyers prioritize quality, craftsmanship, and certification--areas where India ...
Mumbai, Apr 3 (PTI) The US retaliatory tariffs are a major setback for the Indian gems and jewellery exports, apex industry body GJEPC said on Thursday as it urged the government to take steps to ...
The US government's decision to impose a 27% additional reciprocal tariff on Indian imports is expected to significantly impact India's gems and jewellery sector, experts said. Gems and jewellery ...