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India–Oman CEPA to Provide Zero Duty Access for Gems & Jewellery; GJEPC Sees Exports Rising to USD 150 Million

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The India–Oman Comprehensive Economic Partnership Agreement (CEPA), which abolishes customs duty on imports of gems and jewellery in Oman from India, is expected to significantly boost India’s exports to Oman and strengthen direct trade linkages between the two countries, according to the Gem & Jewellery Export Promotion Council (GJEPC).

India’s gem and jewellery exports to Oman currently stand at USD 35 million (2024). With duty-free access under the CEPA, GJEPC estimates exports could rise to USD 150 million over the next three years, driven by improved price competitiveness, expanded product offerings, and deeper industry collaboration.

Kirit bhansali

Kirit Bhansali, Chairman, GJEPC, said, “The India–Oman CEPA is a key enabler for strengthening direct trade ties and expanding India’s gem and jewellery exports to Oman. Zero duty access will significantly improve competitiveness for Indian exporters and encourage direct sourcing. We see strong growth opportunities for polished diamonds and gold jewellery, along with emerging demand for silver, platinum and imitation jewellery. With this framework, exports to Oman can scale from USD 35 million to around USD 150 million over the next three years.”

India is already Oman’s largest supplier of gold jewellery, particularly 22-carat wedding and traditional designs, with exports recording a strong growth of 80.11% in 2024–25, reflecting deep trust in Indian craftsmanship.

The CEPA is also expected to support Make in India by encouraging manufacturing, design collaboration, and investment partnerships. Oman’s strengths in traditional silver jewellery, combined with India’s scale, technology, and skilled workforce, present opportunities for joint product development and value-added manufacturing.

With Oman’s strategic location and stable business environment, the CEPA also positions the country as a potential gateway for Indian jewellery exports to the GCC, Africa and neighbouring regions, enhancing trade efficiency and regional market access.

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National News

Festive Dressing, But Make It QWEEN: 10 Jewellery Pieces To Add To Your Festive Wardrobe

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Festive dressing does not always have to mean going traditionally. QWEEN brings a more contemporary take to fine jewelry, combining natural diamonds and gemstones with unexpected designs, playful names and modern silhouettes. 

From statement rings and layered necklaces to easy-to-style earrings and bracelets, the brand makes jewelry feel personal, expressive and easy to work into your festive wardrobe, whether you are dressing up for a celebration, gifting someone special or simply adding a little sparkle to your own look.

1. Moonlit Mischief Ring

A little drama for your festive look, the Moonlit Mischief Ring features a central opal surrounded by diamonds and pink sapphires in rose gold. The opal is designed to shift while the surrounding stones remain fixed, making this a beautiful statement piece for evening celebrations and festive dressing.

2. Girls Night Stackable Rings

Why wear one when you can stack three? The Girls Night Stackable Rings bring together blue sapphires, diamonds and pink sapphires across individual bands in white and yellow gold. Wear them together for a statement moment or split them across fingers to create your own festive combination.

3. Crisscross Ombre Ring

For those who like their jewellery to make an entrance, the Crisscross Ombre Ring combines three sculptural bands with baguette-cut stones and a gradient of pink tones. Its dimensional design makes it an easy pick for festive evenings when your jewellery needs to do some of the talking.

4. Signature Stack Necklace

A modern take on the classic signet, this necklace is crafted in a seamless tricolour band of rose, white and yellow 18K gold. With no stones competing for attention, the beauty lies in the interplay of the three gold tones, making it a refined choice for both festive and after-hours dressing.

5. Understated Icon Necklace

Minimal, polished and incredibly versatile, the Understated Icon Necklace is made for those who prefer their festive jewellery to be subtle but still noticeable. Its clean silhouette makes it easy to pair with a silk saree, a sharp festive co-ord or even a classic evening dress.

6. Teleport Me Pendant

A pop of colour can instantly change a festive look, and the Teleport Me Pendant does exactly that. An amethyst baguette takes centre stage, surrounded by 62 diamonds in QWEEN’s signature split-prong bead setting, with the purple stone standing out beautifully against rose gold.

7. Watch Me Fly Pendant

Inspired by the transformation of a butterfly, this pendant pairs diamond-set wings with a vibrant pink sapphire ombré. It is playful, colourful and symbolic, making it a thoughtful festive gift for someone stepping into a new chapter, or a piece to wear as your own little statement.

8. Leave An Impact Bracelet

Sometimes, less really is more. The Leave An Impact Bracelet uses a clean combination of white and yellow gold, with no stones at all. The design relies on the meeting of the two metals, giving it a sleek, contemporary finish that can easily be worn with festive watches, bangles or stacked bracelets.

9. Fangirling Over Myself Hoops

Your festive wardrobe deserves a pair of hoops that can hold their own. These rose gold hoops feature 54 diamonds set around the entire circumference, creating a continuous line of sparkle that catches the light from every angle. Wear them with an updo, a sleek festive look, or even a simple monochrome outfit.

10. Free Fall Earrings

For a festive look that calls for something unexpected, the Free Fall Earrings bring together an angled octagon-cut amethyst with flowing, diamond-set ribbons. The contrast between the structured gemstone and fluid design gives these earrings plenty of movement and personality.

This festive season, let your jewellery do more than complete the outfit. From statement-making designs to pieces made for everyday layering, QWEEN brings a fresh, personal edge to festive dressing and gifting.

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