India–UK FTA takes effect July 15, opening zero-duty path for gem and jewellery exports
GJEPC projects India's gem and jewellery exports to the UK could triple from $754M to $2.5B under the FTA's 99% zero-duty access. Diamond, silver and lab-grown segments stand to gain, with 20 Indian manufacturers meeting 50+ UK buyers as the pact comes into force.
India-UK FTA effective July 15 grants duty-free access for Indian gem and jewellery exports to the UK, with GJEPC projecting exports tripling from $754M to $2.5B, benefiting diamond, silver and lab-grown segments.