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India jewellery sector eyes $85 billion boost as FTWZ expands and trade hub ambitions surge
Business
Published on 27 April 2026
A zone expansion could rewrite India’s trading playbook
India’s $85 billion gems and jewellery sector is set for a fresh push after the government expanded the FTWZ. Officials say the move can unlock new opportunities for exporters and traders, strengthening India’s position as a dependable global trading hub and narrowing the gap with established centers like Dubai and Hong Kong.
- Government expands FTWZ to support gems and jewellery trade
- Expected to create new opportunities for Indian exporters
- Plan aims to strengthen India’s status as a global hub
- Industry eyes catching up with Dubai and Hong Kong
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times