The Indian government has broadened the scope of the Special Economic Zones (SEZ) Rules, 2006, to incorporate jewellery within Free Trade Warehousing Zones (FTWZ). This strategic shift is anticipated to create significant opportunities for the jewellery sector, enhancing India's status as a reliable global trading hub. The inclusion allows for the secure storage and efficient movement of high-value inventory, addressing a critical need in the current global market. Kirat Bhansali, Chairman of the Gem and Jewellery Export Promotion Council (GJEPC), emphasized the importance of this move in strengthening India's competitive position. Industry stakeholders, including Jayanti Savaliya from Surat and Prapanjj S.K. Kota from Reia Diamonds, have welcomed the policy, noting its potential to optimize logistics and lower costs. The Indian gems and jewellery market, valued at ₹7,31,255 crore (approximately $85 billion) in January 2025, is expected to reach ₹11,18,390 crore (approximately $130 billion) by 2030, highlighting the sector's growth potential. This policy change is seen as a step towards modernizing the industry, making it more efficient and globally connected, with expectations of increased engagement from international players.