India's ships $10 million jewellery to UK
India's gems and jewellery industry shipped its first export consignment worth $10 million to the United Kingdom under the India-UK free trade agreement (FTA), involving 27 exporters from six major cities. This inaugural shipment includes gold, diamond, silver, and platinum jewellery, and the FTA is expected to more than triple India's jewellery exports to the UK over the next three years. The zero-duty market access is anticipated to enhance competitiveness in a market that imports nearly $4 billion worth of jewellery annually.