Budget 2026 addresses key bottlenecks for gems and jewellery: Industry

The gems and jewellery sector has welcomed the Union Budget. Industry leaders state the budget is positive and growth-focused. Key bottlenecks are addressed, providing fresh momentum. Reforms in customs and SEZ sales are expected to boost manufacturing and exports. Stability in customs duty and GST is appreciated. This budget supports sustainable growth and India's position as a global jewellery hub.