Mr. Rajesh Rode- Chairman of All India Gem and Jewellery domestic Council (GJC)
“We extend our heartfelt gratitude to Hon’ble Prime Minister Shri Narendra Modi and Commerce Minister Shri Piyush Goyal for their visionary leadership in securing this landmark agreement. With tariffs on gems and diamonds now reduced to zero, Indian exporters gain unprecedented access to the US market. This breakthrough strengthens our global competitiveness, boosts margins, and ensures our artisans’ creations reach international audiences at fair prices. While jewellery continues under an 18% tariff, the gains in gems and diamonds are a powerful step forward, positioning Indian craftsmanship as a global symbol of excellence.”
Mr. Avinash Gupta – Vice Chairman of All India Gem and Jewellery domestic Council (GJC)
“We sincerely thank Hon’ble Prime Minister Shri Narendra Modi and Commerce Minister Shri Piyush Goyal for their relentless efforts in achieving this historic zero-duty milestone. The removal of tariffs on gems and diamonds is a game-changer, especially for small and medium enterprises that form the backbone of our sector. SMEs and family-run businesses will now access the US market on equal terms, leading to higher exports, stronger revenues, and significant job creation. While finished jewellery remains at 18% duty, this agreement lays the foundation for broader opportunities and creates a multiplier effect across allied industries such as logistics, design, and retail. It is both an economic and social victory, empowering communities nationwide.”