The Gem & Jewellery Export Promotion Council (GJEPC) has welcomed the India–EU Free Trade Agreement, highlighting that zero-duty access on Indian gem and jewellery exports will unlock significant growth opportunities. The removal of 2–4% import duties is expected to strengthen India’s position in the 27-member EU market and drive market diversification. With bilateral trade currently at USD 5.2 billion, the agreement aims to double trade to USD 10 billion within three years. The pact will boost exports of precious, silver, and imitation jewellery, supporting key manufacturing hubs and helping exporters offset declining shipments to the US.