<h1>Revamped Gold Monetisation Scheme and Import Duty Cuts to Boost Indian Gems and Jewellery Industry Exports.</h1> The revamped Gold Monetisation Scheme and reduced import duty on gold are expected to boost the Indian gems and jewellery industry, aiming for an export target of US$ 43.75 billion this year and US$ 75 billion in the coming years. The sector, contributing 7% to GDP and employing 5 million people, faced severe setbacks during the COVID-19 pandemic but has shown significant recovery. Government reforms and initiatives by the Gems and Jewellery Export Promotion Council have facilitated this rebound. The IIJS Premiere, a major B2B event, is set to further enhance the industry's growth and global presence.