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GJEPC seeks government intervention over US reciprocal tariff proposal

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Top representatives of India’s gems and jewellery sector have urgently briefed Hon’ble Commerce Secretary  Sunil Barthwal, IAS, on the potential repercussions of the United States’ recent notice regarding reciprocal tariffs. The delegation, led by  Shaunak Parikh, Vice Chairman, GJEPC, along with  Adil Kotwal, President, Seepz Gem & Jewellery Manufacturers’ Association (SGJMA), and  Sabyasachi Ray, Executive Director, GJEPC, presented a detailed overview of the industry’s concerns and proposed mitigation strategies.

The briefing aimed to underscore the significant impact the proposed tariffs could have on Indian exports and the broader industry.  Satya Srinivas, IRS, Additional Secretary, Ministry of Commerce (MoC), and  Dnyaneshwar Patil, Development Commissioner, SEEPZ were also present to offer a comprehensive understanding of the issues at hand.

The US notice, which threatens reciprocal tariffs, has raised concerns within the Indian gems and jewellery sector, a key contributor to the nation’s export revenue. The industry leaders outlined the potential economic fallout and presented specific recommendations to safeguard interests.

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IIJS Bharat Premiere Buyer Outreach To Gold and Diamond Park, Dubai

Region’s Leading Jewellery Business Destinations and A Preferred Hub For Prominent Retailers.

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The buyer outreach campaign for IIJS Bharat Premiere gathered further momentum with a strategic visit to Gold and Diamond Park in Dubai, one of the region’s leading jewellery business destinations and a preferred hub for prominent retailers.

During the door-to-door campaign, the team met more than 50 leading jewellers, highlighting the sourcing opportunities available at the show and showcasing India’s strengths as a global hub for gem and jewellery manufacturing.

The campaign received an encouraging response from the trade, with several diamond retailers expressing strong interest in visiting IIJS Bharat Premiere. Buyers cited the exhibition’s scale, extensive product range, advanced manufacturing capabilities and the opportunity to meet leading Indian jewellery manufacturers under one roof as key attractions.

The visit also enabled the team to strengthen relationships with the jewellery trade, gather market insights and invite buyers from across the GCC region to attend the show.

The Gold and Diamond Park outreach forms part of GJEPC’s wider international buyer engagement programme, which is steadily advancing towards its goal of attracting more than 1,100 trade buyers from the Middle East.

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