<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 等權重 ETF - First Trust

<p>印度珠寶和首飾出口因西亞地緣政治緊張局勢下降了 20%，預計在接下來的三個月內將造成 12 億美元的影響，依據珠寶和首飾出口促進委員會（GJEPC）的數據。雖然部分貿易可能轉向中國和香港等市場，但整體影響可能達到 20 億美元。對阿聯酋和海灣合作委員會（GCC）的出口總額為 83 億美元，迪拜已成為一個關鍵的貿易中心。該行業還受到美國關税和印度 - 阿聯酋全面經濟夥伴關係協議（CEPA）的影響</p>

西亞的戰爭可能會導致印度的寶石和珠寶出口減少 12 億美元：GJEPC