After year of turmoil, Indian diamonds and gems set to shine in US markets

India and the US have agreed to an interim trade framework granting zero-duty access for diamonds and colored gemstones. This move is seen as a critical inflection point for the Indian gems and jewellery sector, aiming to reverse a significant decline in exports to the US market and restore competitiveness.

Feb 8, 2026 - 08:30
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After year of turmoil, Indian diamonds and gems set to shine in US markets
India and the US have agreed to an interim trade framework granting zero-duty access for diamonds and colored gemstones. This move is seen as a critical inflection point for the Indian gems and jewellery sector, aiming to reverse a significant decline in exports to the US market and restore competitiveness.

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