Browsing: Saunak Parikh Vice Chairman GJEPC India

GJEPC’s SEZ Conclave Spotlights Technology, Branding & Investment to Boost G&J Exports

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The Gem & Jewellery Export Promotion Council (GJEPC) successfully organized the 2nd SEZ Gem & Jewellery Conclave 2025 at Bharat Ratnam Mega CFC, SEEPZ on 12th March, reinforcing its commitment to advancing Technology, Branding, and Investment in India’s gem and jewellery sector. Held under the theme ‘SEZ: The Future of Indian Exports,’ the conclave brought together industry leaders and experts to explore strategies for boosting exports and attracting investments

Indian Gem & Jewellery Industry Analyses U.S. Reciprocal Tariff Plan’s Impact on $11.58 Billion of Exports

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India’s flourishing gem and jewellery sector, a vital component of its export-driven economy, faces uncertainty as the United States introduces its “Fair and Reciprocal Plan” on Trade. Announced by President Donald Trump on 13th February 2025, this policy aims to address trade imbalances by imposing reciprocal tariffs equivalent to those levied on American goods by other nations. For India, a key supplier of gems and jewellery to the U.S., this could mean new tariffs ranging between 5% and 20% on nearly $10 billion worth of annual exports. If implemented, the move could disrupt the industry, which employs millions across the country.