India Flags Off First Jewellery Export Consignment to
the
UK Under Landmark India–UK CETA
·
US$ 10 Million Worth of Jewellery Exported by 30+ Exporters Across Six
Cities; GJEPC Expects Exports to UK to Reach US$ 2.5 Billion in Three Years
New Delhi, 15 July
2026: India marked a defining
moment in its gem and jewellery export journey with the flagging off of the first
jewellery export consignment to the United Kingdom under the India–UK Comprehensive
Economic and Trade Agreement (CETA) at Vanijya Bhawan, New Delhi.
The ceremony was
graced by Shri Rajesh Agrawal, Commerce Secretary; Ms. Lindy Cameron,
British High Commissioner to India; Ms. Petal Dhillon, Joint Secretary,
Department of Commerce; and Mr. Lav Agarwal, Director General of Foreign Trade
(DGFT). Representing the Gem & Jewellery Export Promotion Council
(GJEPC) were Shri Antarpal Singh Sawhney, Chairman, Northern Region, GJEPC
and Mr. Sabyasachi Ray, Executive Director, GJEPC.
As part of this
nationwide celebration of the India–UK CETA, similar flag-off ceremonies are
being organised during the day across Mumbai, Surat, Jaipur, Chennai and
Kolkata, highlighting the collective strength of India's jewellery
manufacturing and export ecosystem.
The inaugural shipment
comprises US$ 10 million worth of gold jewellery, diamond jewellery,
silver jewellery and platinum jewellery, exported by 30+ Indian
exporters across six cities. It is the first jewellery consignment to
benefit from the preferential market access created under the India–UK CETA.
The landmark agreement
ushers in a new era for India's gem and jewellery industry by providing zero-duty
market access from the day it enters into force and eliminating UK
import tariffs of up to 4%. This gives Indian exporters a significant
competitive advantage in the UK's US$ 4 billion jewellery import market,
while positioning India as an even more preferred sourcing destination for
high-quality jewellery.
Shri Kirit
Bhansali, Chairman, GJEPC, said"Today
marks a proud and defining moment for India's gem and jewellery industry as we
flag off the first jewellery export consignment to the United Kingdom under the
India–UK Comprehensive Economic and Trade Agreement. This is far more than the
movement of goods—it marks the beginning of a new chapter in India's global
trade journey. I sincerely thank Hon'ble Prime Minister Shri Narendra Modi and
the Government of India for their visionary leadership in concluding this
landmark agreement and for their unwavering support to our industry.
The India–UK CETA
eliminates UK import tariffs of up to 4%, providing Indian exporters with a
significant competitive advantage in the UK's US$ 4 billion jewellery import
market. With zero-duty access, we expect India's gem and jewellery exports to
the UK to increase from around US$ 754 million to nearly US$ 2.5 billion over
the next three years. This growth will create new opportunities for exporters,
manufacturers, MSMEs, artisans and designers while further strengthening
India's position as a global leader in craftsmanship, innovation and
value-added jewellery manufacturing."
Shri Antarpal Singh
Sawhney, Chairman, Northern Region, GJEPC, said, "The India–UK CETA is a transformative agreement for
India's gem and jewellery sector. It provides our exporters with preferential
access to one of the world's most important premium jewellery markets and
significantly enhances India's competitiveness. Today's first shipment
demonstrates the industry's readiness to seize these opportunities and expand
its presence in the UK market."
Mr. Sabyasachi Ray,
Executive Director, GJEPC,
said, "The flagging off of the first jewellery consignment under the
India–UK CETA is the culmination of years of sustained engagement between the
Government of India and the industry. The agreement will strengthen India's
export ecosystem, support value-added manufacturing, facilitate ease of doing
business and enable thousands of exporters, MSMEs and artisans to access new
growth opportunities in the UK."
The India–UK CETA is
expected to deliver far-reaching benefits across India's gem and jewellery
value chain. Besides boosting exports, it is expected to attract greater
investment, generate employment, promote skill development and strengthen the
participation of MSMEs, artisans and designers. The agreement also facilitates
ease of doing business through self-certification, business-friendly Rules of
Origin and robust mechanisms to address non-tariff measures.
The agreement is
expected to benefit exports across multiple product segments, including gold
jewellery, diamond jewellery, coloured gemstone jewellery, platinum jewellery,
silver jewellery, pearls and lab-grown diamond jewellery. Major jewellery
manufacturing clusters—including Surat, Mumbai, Jaipur, Kolkata, Chennai,
Hyderabad, Ahmedabad and Thrissur—are expected to witness significant gains
from enhanced access to the UK market.
The first consignment
reflects the confidence of Indian exporters in the opportunities created by the
India–UK CETA and underscores India's commitment to strengthening its presence
in premium global markets through quality, innovation and craftsmanship.
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