GENERAL
Namibia Senior Delegation Explores Closer Diamond Trade With India
A senior delegation from Namibia, headed by Deputy Minister Gaudentia Krohne, is in India to explore trade opportunities with Indian counterparts in diamonds after the introduction of ground breaking tax reform. Namibia is looking to leverage India’s large diamond manufacturing base and established trading infrastructure to bring its rough diamonds closer to Indian buyers. Namibia […]
CW Bureau
·
Aug 11, 2026
ECONOMY
India Seeks Tariff Relief As Gem & Jewellery Exports Face Pressure
The Gem & Jewellery Export Promotion Council (GJEPC) has urged the US to provide tariff relief for natural diamonds and coloured gemstones under the new tariff regime. The new tariff came into effect on July 24. The duty remains unchanged at 10% for Indian gem and jewellery exports. Calls for bilateral trade pact India’s placement […]
CW Bureau
·
Jul 28, 2026
ECONOMY
United States Retains 10% Tariff On Indian Gem, Jewellery Exports
The United States has replaced its temporary Section 122 surcharge with a Section 301 tariff regime, retaining a 10% additional duty on Indian gem and jewellery exports from July 24. The tariff applies to natural diamonds, lab-grown diamonds, coloured gemstones and jewellery. Unlike the earlier Section 122 surcharge, the new Section 301 tariff has no […]
CW Bureau
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Jul 24, 2026
ECONOMY
Mumbai Flags Off First Jewellery Consignment To UK Under CETA
Mumbai, India’s premier hub for gem and jewellery exports, flagged off the first jewellery export consignment to the United Kingdom under the India–UK Comprehensive Economic and Trade Agreement (CETA). The Mumbai flag-off was part of a nationwide initiative held across Delhi, Surat, Jaipur, Chennai and Kolkata to mark India’s first jewellery exports to the UK […]
CW Bureau
·
Jul 16, 2026
RETAIL/FMCG
India Retains Lead In Rough Diamond Imports As Global Output Falls 8%
India continued to dominate the global rough diamond trade in 2025 despite not producing a single carat, importing 106.1 million carats valued at $11.07 billion, according to the latest Kimberley Process data. Although the value of imports declined about 9.1% from $12.18 billion in 2024, India’s share of global rough diamond import value increased to […]
CW Bureau
·
Jul 3, 2026
