<div id="readability-page-1"><div><p>Indian gems and jewellery exports have already witnessed a 20 per cent drop due to the ongoing geopolitical conflict in West Asia, according to the Gems and Jewellery Export Promotion Council (GJEPC).</p></div><div><div><div id="article-index-0">  <p>  “This month at least 20 per cent of our overall exports have suffered due to the tensions in West Asia. If the situation prevails, we expect exports worth $1.2 billion to be impacted in the coming three months,” Sabyasachi Ray, executive director at GJEPC, told Business Standard.</p> </div><div id="article-index-1">  <p>  The overall impact could have been close to $2 billion, but some of the trade can be replaced by markets such as China and Hong Kong, he explained.</p> </div><div id="article-index-2">  <p>  “We had warded off the pressures of the US tariffs by diversifying to the United Arab Emirates (UAE). Almost 65 per cent of our overall exports go to Dubai, from where they travel to the Gulf Cooperation Council (GCC) nations. While the US tariff situation has eased off a little, the diversification we did to West Asia has now been eroded,” he added.</p> </div><div id="article-index-3">  <p>  Exports to the UAE and the GCC amount to $8.3 billion in total. The UAE, and Dubai in particular, is a major sourcing hub for the sector, replacing Belgium as the rough and polished diamond trading centre. Additionally, gold imports of almost 200 tonnes to the country will also suffer due to the signing of the India–UAE Comprehensive Economic Partnership Agreement (CEPA).</p> </div><div id="article-index-4">  <p>  According to the latest data released by the council, exports of Indian gems and jewellery in February this year rose 3.86 per cent year-on-year to $2.68 billion. However, from April 2025 to February this year, exports remained almost flat at $25.93 billion compared to $25.92 billion in the year-ago period.</p> </div><div id="article-index-5">  <p>  This was largely due to the impact of US trade tariffs and geopolitical uncertainties worldwide.</p> </div><div id="article-index-6">  <p>  Speaking about the evolving global trade environment, Ray said the range of Free Trade Agreements (FTAs) that India has been signing will benefit the sector.</p> </div><div id="article-index-7">  <p>“FTAs are of huge help and are a strategic alternative for countries like India, which are developing and growing very fast,” Ray said.</p> </div></div></div></div>

印度 Nifty 50 等权重 ETF - First Trust

<p>印度珠宝和首饰出口因西亚地缘政治紧张局势下降了 20%，预计在接下来的三个月内将造成 12 亿美元的影响，依据珠宝和首饰出口促进委员会（GJEPC）的数据。虽然部分贸易可能转向中国和香港等市场，但整体影响可能达到 20 亿美元。对阿联酋和海湾合作委员会（GCC）的出口总额为 83 亿美元，迪拜已成为一个关键的贸易中心。该行业还受到美国关税和印度 - 阿联酋全面经济伙伴关系协议（CEPA）的影响</p>

西亚的战争可能会导致印度的宝石和珠宝出口减少 12 亿美元：GJEPC