Festive Season and GST Relief Cushion India's Jewellery Industry After US Tariff Blow

Last updated: 13 September 2025

India's gems and jewellery sector, valued at over $85 billion domestically, is bracing for a challenging export season after the United States doubled tariffs on Indian gems and jewellery imports to 50%impacting nearly $10 billion worth of shipments, including $7-8 billion in diamonds. The new tarif

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