August 31, 2025
Show AI Summary
Tariff impact on gems and jewellery: exporters seek credit extensions, tariff reimbursement and procedural trade relief.
US-imposed tariffs on Indian gems and jewellery exports have caused immediate disruption, leading the industry body to seek policy, monetary and banking relief including extension of credit timelines, loan moratoriums, tariff reimbursement, reintroduction of interest equalisation, extension of pre-shipment finance, and procedural relaxations for duty-free imports and SEZ operations to stabilise exports and protect employment.