22 April 2022
The agreement(CEPA) signed is very prudent and is a harbinger of the potential business expansions for various jewelry manufacturers in India. Enabling raw material imports at competitive prices, this partnership is a game-changing event, which has steered the way for independent and chain-store retailers to export their jewelry directly to UAE-based consumers.
“This will be a game changer for our industry. The CEPA will fast-track India’s goal of reaching $50 billion in exports of gems and jewelry by 2022-23,” he added.