Gem and jewellery exports steady, clarity on US trade talks expected in Jan

$KALYANKJIL The Gem & Jewellery Export Promotion Council (GJEPC) is expecting clarity on trade-related developments with the United States early in the new year, its chairman Kirit Bhansali said. Bhansali said the council is closely tracking discussions linked to the US market and hinted that an update could come soon. “First week of January, you will get good news,” he said, without sharing further details. India’s gem and jewellery exports have remained steady in 2025 despite tariff pressure from the US and weaker demand from China, supported by free trade agreements (FTAs), Bhansali said. Exports stood at $19 billion till November. “We have maintained $19 billion exports till November. It shows that FTAs are helping us a lot,