Jaipur, Aug. 27 -- Raju Mangodiwala, the president of the Jaipur Jewellery Association, stated on Wednesday that the US tariffs on Indian imports will have a significant impact on India's gems and jewellery sector.

He further hoped for a solution from the Union Government, stating that the gems and jewellery trade from Jaipur to the US is worth Rs 11 to 12 lakh crores.

"Trump's tariff will have an impact on India, particularly on the gems and jewellery sector. There is currently an atmosphere of fear among those associated with the gems and jewellery business. Still, Prime Minister, Narendra Modi, will find a solution to this soon. The gems and jewellery trade from Jaipur to America is worth 11 to 12 lakh crores, which will be affected....