National News
Malabar Gold & Diamonds Executes First Jewellery Export To The UK Under India–UK Trade Agreement
Malabar Gold & Diamonds, the world’s fourth largest jewellery retailer and a responsible jeweller, has exported jewellery to the United Kingdom under the India–UK Comprehensive Economic and Trade Agreement. With this, Malabar Gold & Diamonds has become one of the first Indian jewellers to export jewellery to the UK under the agreement. This marks a significant milestone in the company’s international growth journey as well as in India’s jewellery export sector.
The inauguration ceremony for Malabar Gold & Diamonds’ jewellery exports to the UK under the India–UK Trade Agreement was held at Vanijya Bhawan, New Delhi. The event was attended by British High Commissioner to India Lindy Cameron, Commerce Secretary Rajesh Agrawal, Malabar Gold & Diamonds North India Regional Head Mohammed Jishad N.K., representatives of the Gem & Jewellery Export Promotion Council (GJEPC), and senior government officials.
The India–UK Trade Agreement will help strengthen economic cooperation between India and the United Kingdom while creating new opportunities for the Indian jewellery industry, said M.P. Ahammed, Chairman of Malabar Group.
M.P. Ahammed Added:

“It is a matter of great pride for Malabar Gold & Diamonds to be among the first jewellers to export under this agreement. Following the philosophy of ‘Make in India, Market to the World,’ we have been consistently striving to take Indian craftsmanship to global markets. This has also enabled us to create large-scale employment opportunities. Our first export to the UK is a proud milestone for both us and the Indian jewellery industry. It will help us further strengthen our supply chain, deliver greater value to customers, and enhance our competitiveness in the UK market.
We see this as the beginning of stronger trade relations between India and the United Kingdom. Even as we expand our business globally, we remain committed to ensuring the highest standards of quality, trust, and responsible business practices,”
Malabar Gold & Diamonds has planned significant business expansion in the UK, the US, Canada, and other countries through its Western Value Chain. In addition to its existing presence, the company plans to open more than 30 new showrooms in these markets. By becoming a part of the India–UK Trade Agreement from its very inception, Malabar Gold & Diamonds has further reinforced its commitment to leveraging new opportunities in global markets through responsible sourcing while adhering to international quality standards and regulatory requirements.
With more than 445 showrooms across 14 countries, Malabar Gold & Diamonds continues to strengthen India’s position in the global jewellery industry by bringing world-class jewellery designs and superior manufacturing excellence to international markets.
National News
Namibia Looking At Close Collaboration With India On Skill Transfer, Training In Diamond Sector
Deepening Collaboration With India To Leverage Its World-Class Expertise In Diamond Cutting, Polishing, and Value Addition.
GJEPC hosted a high-level media interaction at the Bharat Diamond Bourse (BDB), featuring a visiting Namibian delegation led by Hon’ble Gaudentia Kröhne, Deputy Minister of Industries, Mines and Energy, Namibia.
During the session, the Hon’ble Deputy Minister highlighted Namibia’s vision to cultivate a close, multi-faceted partnership with India, focusing on skill transfer, technical training, and capacity building within the diamond cutting and polishing industry.
Key Takeaways & Strategic Objectives
- Skill Transfer & Training: Deepening collaboration with India to leverage its world-class expertise in diamond cutting, polishing, and value addition.
- Investment Opportunities: Extending an invitation to Indian jewelry manufacturers to establish local operations and manufacturing facilities in Namibia.
- Ease of Doing Business: Implementing single-window “One-Stop Centres” designed to streamline business operations, company registrations, and visa processing for international investors.
- Legislative Reforms: Preparing for the upcoming passage of the Special Economic Zone (SEZ) Bill, which will serve as a key economic catalyst across multiple industrial sectors.
Strengthening Bilateral Trade
This strategic dialogue underscores Namibia’s push toward downstream industrial expansion and mineral beneficiation. By leveraging India’s global leadership in diamond processing, Namibia aims to create high-value local employment while offering Indian manufacturers robust growth opportunities backed by modernized governance and infrastructure.
Shri Kirit Bhansali, Chairman, GJEPC, said:

“Namibia produces the world’s highest-value rough diamonds, while India cuts and polishes 14 out of every 15 diamonds globally. With the proposed 15-year tax exemption for Special Notified Zones, India can now offer producer nations not just manufacturing, but a global trading hub. We look forward to building a lasting partnership with Namibia.”
Anoop Mehta, Convener – Diamond Panel, GJEPC, said:
“We have invited Namibia to bring its rough diamonds to India and utilise the new tax framework for trading through the Special Notified Zones. This will give Indian MSMEs more direct access to high-quality rough diamonds without the need to travel overseas. We are exploring this opportunity closely and, if the discussions progress, we would be happy to work towards an MoU with Namibia. We are very positive that, with this new policy, a greater share of Namibia’s diamond trade can come directly to India.”

Highlighting the quality of Namibia’s production, Ms. Gaudentia Krohne, Deputy Minister, Ministry of Industries, Mines and Energy said:

“Namibia is having the best quality of diamonds in the world. We do not have the quantity, but we have the best quality. That’s why I am really proud to come from Namibia and talk about the Namibian diamonds in India.”
The delegation also saw a potential role for India’s diamond trading infrastructure in bringing Namibian roughs closer to Indian buyers. “We can bring our diamonds here, showcase them here and even sell them. If this platform created by India is already being used by other countries, why can Namibia not make use of it too?” Ms. Krohne added.
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