India-UK FTA effective July 15 opens duty-free UK jewellery market for Indian exporters
GJEPC prepares for the India-UK FTA taking effect July 15, granting duty-free access to the UK gem and jewellery market. Exports are projected to more than triple from $754M toward a $2.5B-$7B range, with a Buyer-Seller Meet connecting Indian sellers to 50+ UK retail chains and wholesalers.
India-UK FTA effective July 15 gives duty-free access to UK gem and jewellery market; GJEPC expects India's jewellery exports to more than triple, hosting a Buyer-Seller Meet linking Indian sellers with 50+ UK retail chains and wholesalers.
Why this matters
The FTA arrives as India's gem and jewellery exports slipped 2.49% in May to $2.05B amid surging gold prices and tighter supply. Duty-free UK access offers a new growth channel to offset broader export softness.
Retail-company theme is accelerating, up +659200% QoQ.