02/06/2026
India–Oman CEPA: Key Gains for the Gem & Jewellery Industry
✅ Duty-Free Market Access: 0% customs duty on Indian gem & jewellery imports into Oman, enhancing competitiveness.
✅ Export Growth Potential: Exports expected to increase from USD 35 million to USD 150 million over the next three years.
✅ Stronger Bilateral Trade: Encourages direct sourcing, deeper business partnerships, and increased investment between India and Oman.
✅ Boost to Manufacturing & Exports: Supports Make in India through value-added manufacturing and growth in polished diamonds, gold, silver, platinum, and imitation jewellery.
✅ Gateway to Regional Markets: Enhances access to the GCC, Africa, and neighbouring markets through Oman’s strategic location and trade connectivity.
✅ Follow GJEPC for more updates on trade, policy developments, and opportunities shaping the gem & jewellery industry.
Piyush Goyal Department of Commerce, GoI Press Information Bureau - PIB, Government of India