Speaking exclusively, Nainesh Pacchigar of the India Bullion and Jewellers Association’s Gujarat wing described the judgment as ‘a boon for the entire gems and jewellery ecosystem.’ Trump’s prior deal had slashed diamond import duties to zero, but jewellery faced punishing 18% rates—now poised for relief.

‘If tariffs are completely lifted and sustained, our exports will surge, injecting vitality into the industry,’ Pacchigar predicted. This boom, he added, would particularly benefit grassroots workers—artisans and jewelers—who form the backbone of this export powerhouse.

Pacchigar cautioned that the US administration’s response is pending; legal challenges could still emerge. Meanwhile, Rajesh Gandhi from the Gujarat Chamber of Commerce painted an even broader picture. A reduction to 10% across-the-board tariffs would open floodgates for textiles, manufacturing, and beyond.

‘Indian products will dominate US shelves with renewed competitiveness,’ Gandhi asserted. Trade bodies in apparel and commerce sectors chimed in, welcoming uniform duties that promise fair play, enhanced market access, and robust trade volumes. As negotiations evolve, India’s industry gears up for a renaissance in transatlantic commerce.