BlueStone opens flagship store on Kolkata’s Park Street

The handcrafted range includes jewellery featuring Kundan settings and antique finishes, with the company manufacturing its designs through its in-house design and manufacturing capabilities. The Kolkata store also allows customers to shortlist products through BlueStone’s digital platforms before visiting the outlet and access additional designs through the in-store digital catalogue.

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India-EU FTA: Can Tirupur double apparel exports to $4 bn?

India-EU FTA could eliminate EU duties of up to 12 per cent on textiles and apparel, opening zero-duty access for Tirupur.
Doubling Tirupur’s Europe sales from $2 billion to $4 billion in four years needs 18.9 per cent CAGR, above recent trends.
Success will hinge on higher-value MMF, performance and technical apparel, stronger traceability and EU rules of origin.

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Poor man’s gold may become India’s next big story as the silver horse rises

Silver is gaining ground in India as record gold prices push consumers towards a more affordable precious metal. Prices have surged 160% in two years, boosting interest in jewellery, gifting and investment. Jewellers report rising silver demand, particularly among younger buyers, but high prices remain a constraint.

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Gems, jewellery exporters rush to beat new US tariff deadline

Mumbai and Surat’s gems and jewellery exporters are stepping up production and rushing shipments to the US ahead of a potential new tariff deadline in October. Units in Mumbai’s SEEPZ and Surat’s diamond-cutting hub have extended working hours to clear Christmas and holiday-season orders before October 16, amid uncertainty over possible duties under the Sanctioning Russia and Iran Act.

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India apparel’s next growth test: Can scale translate into profit?

India’s domestic apparel market is shifting from revenue growth towards profitability, retention, productivity and capital discipline.
DaMENSCH raised ₹17.40 crore (~$1.81 million) from A91 Partners and Tancom Electronics at a broadly flat valuation of about ₹600 crore in early September 2026.
ABFRL reshaped Pantaloons, re-entering Nagaland as its national store count edged down.

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$28 bn in apparel, $2.6 mn detained: Can US customs track the cotton?

TexPro records $27.30 billion of HS61–62 apparel exports from Vietnam to the US in November 2024–June 2026, close to a $28 billion estimate.
Vietnam imported $2.355 billion of US raw cotton, but China supplied $2.589 billion of cotton yarn and woven cotton fabric.
UFLPA can follow upstream inputs across borders; proving fibre origin inside a finished garment remains harder.

$28 bn in apparel, $2.6 mn detained: Can US customs track the cotton? Read More »

India’s jewellery exports targeted at USD 100 billion: WGC

The jewellery industry is also seeing changes in consumer purchasing patterns amid elevated gold prices. Pramod Derawala, chairman, National Jewellery & Gemstone Council of India, said, “Rising gold prices are pushing consumers towards lightweight jewellery, while more than 90 per cent of high-value jewellery purchases continue to take place through physical retail.”

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It’s the right time to invest in India: Swiss luxury watchmaker Baume & Mercier CEO

Swiss luxury watchmakers, particularly Baume & Mercier, are planning significant investments in India due to the India-EFTA trade pact. Despite currency challenges, the company sees strong long-term potential and growth in the Indian market. Indian consumers are increasingly favoring authentic watch designs and automatic features, signaling a shift in preferences. Baume & Mercier’s performance has exceeded expectations, driven by its expanding product offerings and local partnerships.

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