Kolkata sends first duty-free gold jewellery shipment to Oman as CEPA kicks in
Wonder Jewels has dispatched the first duty-free gold jewellery consignment from Kolkata to Oman under the India-Oman CEPA. GJEPC projects exports to Oman will jump from USD 35M to USD 150M over three years, bypassing the traditional UAE routing and opening a direct GCC channel for Indian jewellers.
What happened
First duty-free gold jewellery shipment from Kolkata to Oman under India-Oman CEPA dispatched by Wonder Jewels. GJEPC expects exports to Oman to rise from USD
Key facts
- USD 35 million current exports
- USD 10 million gold jewellery
- USD 150 million projected
- USD 28 billion FY25-26 sector exports
Why this matters
Scout Omani retail distribution partners and bonded warehousing targets in Muscat to lock in GCC shelf space ahead of the projected USD 150M flow.