May2 , 2026

    Duty-free access expected to lift India–EU gems and jewellery trade

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    India’s gems and jewellery exports to the European Union are set to receive a significant boost following the introduction of a zero-duty regime, a move industry stakeholders say will enhance competitiveness and expand market access. The duty-free treatment is expected to lower landed costs for Indian exporters, making their products more attractive across key EU markets such as Germany, France, Italy and the Netherlands.

    The EU is one of the largest destinations for India’s gems and jewellery shipments, accounting for a sizeable share of exports of cut and polished diamonds, gold jewellery and studded jewellery. Industry bodies note that the removal of import duties will help Indian exporters better compete with suppliers from other major manufacturing hubs, while also supporting higher volumes and improved margins.

    Exporters believe the zero-duty framework will particularly benefit small and medium enterprises by easing pricing pressures and encouraging long-term contracts with European buyers. It is also expected to accelerate diversification into higher-value jewellery segments and customised designs tailored to European consumer preferences.

    The development comes at a time when India is actively seeking to strengthen its presence in global value chains through trade facilitation and market-friendly policies. Analysts say that if supported by faster customs procedures, compliance with EU sustainability and traceability norms, and stable raw material supplies, the zero-duty advantage could translate into sustained export growth for India’s gems and jewellery sector in the EU market.

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