New Delhi, Aug. 7 -- With the US set to impose an additional 25 percent tariff on Indian gold jewellery exports from August 27--on top of the 25 per cent already in effect--industry leaders have expressed deep concern over the mounting pressure on the sector.

Rajesh Rokde, Chairman of the All India Gem and Jewellery Domestic Council (GJC), said, "The imposition of a 25 per cent tariff on Indian gold jewellery exports--already in effect--and the additional 25 per cent set to be enforced from 27th August represent a compounded blow to the sector."

He warned of severe consequences for artisans. "This steep escalation not only renders our products significantly less competitive in the US market, but more critically, it jeopardises the livel...