India-US Trade Deal Boosts Gems & Jewelry Sector; Stocks Soar Up to 20%

• The India-US trade deal has led to a significant surge in the gems and jewelry sector, with stocks climbing up to 20% on February 3, 2026.
• The US reduced tariffs on Indian goods from 50% to 18% after a discussion between PM Modi and President Trump, providing major relief to Indian exports.
• This tariff reduction makes Indian goods more competitive than those from other Asian countries, benefiting labor-intensive sectors like textiles, gems and jewelry, and engineering goods.
• Companies like Goldiam International, Rajesh Exports, Tribhovandas Bhimji Zaveri, Titan, Kalyan Jewellers India, and International Gemological Institute India saw substantial stock gains.
• Experts believe the deal will open new export avenues, making Indian goods cheaper in the US market and potentially attracting foreign investment.

Why It Matters: The India-US trade deal's tariff reduction has significantly boosted India's gems and jewelry sector, driving stock prices up.