【Jaipur, Raja】First Jewelry Consignment from Jaipur Departs for UK: Zero Customs Duty Benefit, Targeting $2.5 Billion in 3 Years

Jaipur achieved a historic milestone under the India-UK Comprehensive Economic and Trade Agreement (CETA) by dispatching the first jewelry export consignment to the United Kingdom (UK) on Wednesday.
This consignment, sent from the Air Cargo Complex at Sanganer International Airport, is part of a nationwide initiative, with first consignments also being sent to the UK from major export hubs including Delhi, Mumbai, Surat, Chennai, and Kolkata.
The consignment, valued at approximately $10 million, includes gold, diamond-studded, silver, and platinum jewelry. Key exporters from Jaipur, including Gems Limited, Gallant Jewelry, Vinayak Jewels India Pvt. Ltd., and Vaibhav Global Limited, are part of this historic export.
The event was attended by Additional Commissioner (Customs) Neeraj Dubey, Additional Commissioner Sunita Verma, Deputy Commissioner (Customs) Jitendra Meena, and Regional Chairman of GJEPC Rajasthan, Yogendra Garg.

With the implementation of the India-UK CETA, Indian gem and jewelry exporters will benefit from zero duty in the UK market. Previously, Indian jewelry faced import duties of up to 4% in the UK, which will now be eliminated. This is expected to give Indian exporters a competitive edge in the UK jewelry market, valued at approximately $4 billion.

Customs Commissioner R.K. Chandan stated that the first export consignment under the India-UK CETA marks a significant milestone in India’s export journey. The Customs Department is committed to providing all possible support to trade through fast and smooth clearance.

Chairman of the Gem and Jewelry Export Promotion Council (GJEPC), Kirit Bhansali, said:

He expressed confidence that with the zero-duty facility, India’s gem and jewelry exports could increase from $754 million to $2.5 billion over the next three years.

Regional Chairman of GJEPC Rajasthan, Yogendra Garg, said: