India-US Trade Pact Brings Relief To Gem & Jewellery Sector
Tariff cuts lower costs for US importers, provides relief to diamond jewellery manufacturers, boost competitiveness of Indian diamond jewellery
Tariff cuts lower costs for US importers, provides relief to diamond jewellery manufacturers, boost competitiveness of Indian diamond jewellery
Kirit Bhansali states that extending duty-free import of Lab-grown Diamond (LGD) seeds and Sawn Diamonds till March 2028 is a timely and practical step
Regionally, retail growth in December 2025 remained broad-based, with the west recording the strongest performance at 14 per cent
Kisna digital gold allows customers to begin their gold purchase with an amount as low as Rs 10, lowering the entry barrier to gold ownership
A report notes that gen Z shows a clear shift towards alternative metals, with 51 per cent preferring silver and 34 per cent platinum
On the other hand, the gross imports at USD 1.89 billion in November 2025 showed a growth of 36.01 per cent as compared to USD 1.39 billion for the same period of the previous year
The reports noted that the same-day and next-day delivery is currently available in Mumbai, Delhi, Bengaluru and Hyderabad.
The company has named Arun Narayan as CEO of the jewellery division, while Kuruvilla Markose will head the watches division
The report states that higher GML rates are likely to impact the net margins and cash flows of gold jewellery retailers in the next financial year (FY26)