India-US Trade Deal: Gems & Jewelry Exports to Surge 25% as Tariffs Drop to 18%

M
Moneycontrol•09-02-2026, 17:43
India-US Trade Deal: Gems & Jewelry Exports to Surge 25% as Tariffs Drop to 18%
- •India-US trade deal slashes tariffs on gems and jewelry, boosting export potential.
- •US, the largest global buyer, demands $30 billion in diamonds and jewelry annually; India aims to regain market share.
- •Experts predict a 25% increase in Indian gems and jewelry exports, reviving dormant diamond factories.
- •Commerce Minister Piyush Goyal highlights strengthened diplomatic ties and a "golden era" for Indian companies.
- •Gems and jewelry stocks like Goldiam International, Kalyan Jewellers, and Rajesh Exports surged post-deal announcement.
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