India-Oman CEPA takes effect, opens preferential Gulf access for textiles, gems, marine exporters
The India-Oman Comprehensive Economic Partnership Agreement entered into force June 1, 2026, granting Indian exporters preferential access to Oman across textiles, leather, gems & jewellery, agri, marine and sports goods. First 10 consignments shipped from Mumbai, Kolkata and Chennai. FY26 bilateral trade stood at USD 11.18 billion versus USD 10.61 billion in FY25.
What happened
India-Oman CEPA took effect June 1, granting preferential Omani market access to Indian exporters in textiles, leather, gems & jewellery, agri, marine and
Key facts
- USD 11.18 billion FY26 bilateral trade
- USD 10.61 billion FY25
- signed 18 Dec 2025
- in force 1 June 2026
- 10 consignments
Why this matters
CEPA enactment opens a window to acquire or JV with Oman-based distributors and GCC retail platforms to lock in preferential-tariff supply chains ahead of category rivals.