India-US trade deal to drive 25% export growth for gems and jewellery, says GJEPC Chairman
Feb 05, 2026
Kirit Bhansali, Chairman of the Gems and Jewellery Export Promotion Council (GJEPC), stated that the agreement, set to be finalised in March, will provide much-needed relief to a sector that has struggled with high tariffs over the last year. He noted that the US remains the most critical market for Indian exports, and the deal is expected to reverse a sharp decline in trade volumes.