The Gem & Jewellery Export Promotion Council (GJEPC) called the India–New Zealand Free Trade Agreement (FTA) on 27 April 2026, a timely and strategic step that opens a potential market for Indian gem and jewellery exporters.
India’s current gem and jewellery exports to New Zealand stand at approximately $16.61 million. With zero-duty access secured under the agreement, exports are expected to grow to nearly $50 million over the next three years.