US tariffs feared to wipe out biggest export market for gems and jewellery industry; new hubs eyed – ET Retail

Bengaluru: The Indian gems and jewellery industry, which contributes about 10% to the country’s merchandise exports, is preparing for potential US tariffs by expanding into alternative markets like Latin America, Vietnam, and Saudi Arabia. Industry leaders told ET that they are visiting these markets, seeking opportunities to mitigate the impact and sustain export growth. “We…

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AEPC asks govt for labour law reforms, improvement in skilling schemes to boost exports – ET Retail

Representative Image Apparel exporters’ body AEPC on Tuesday suggested the government to introduce reforms in labour laws, improve schemes for skilling the workforce and make policy for fabric import flexible to boost exports. Apparel Export Promotion Council (AEPC) Chairman Sudhir Sekhri said that the exports target of USD 40 billion for ready-made garments by 2030…

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