Trump has unleashed a two -world war against gemstones and jewelry sector

Copyright © HT Digital Streams Limit all rights reserved. Jewelers point out that over the past few decades specialists from India that can measure and market the quality of diamonds and gemstones, it will now find it difficult to travel on the H-1B visa. (Mint) Summary Medologous, Jewelery Designers, Metallurgists and Machine Learning Specialists who know that gemstone patterns in the US work on H-1B visas. There are 300 gemstones and jewelery offices in 47th street in the New York diamond district alone. Donald Trump’s decision to rise H-1B visa fees may have put the spotlight on India’s information technology (IT services industry), but it also delivered a twin on the gemstones and jewelry sector-who not only come from rates, but also thousands of artisans and technicians working in the US. “Indian jewelryers have mologists, metallurgists, quality control scientists, IT professional people on H-1B visa,” said Poorvi Chothani, immigration attorney and managing partner, Lawquest. “The extra cost of $ 100,000 also cannot refrain from engaging in H-1B workers. The jewelers may just do the roles abroad-they will perform these posts abroad.” Jewelers point out that over the past few decades specialists from India that can measure and market the quality of diamonds and gemstones, it will now find it difficult to travel on the mentioned visa. Of the 3000 trade offices abroad, 300 are located in the US, many of which are in 47th street in New York – known as the Diamond District – and in Los Angeles. At least 5-10% of their workforce operating from India, and now in the US, the H-1B visa, according to a prominent jeweler who does not want to be mentioned. The number of visas the jewelry industry receives is small compared to that of the IT industry. But this is a second blow for the industry after Trump imposed 50% rates on Indian goods. The US government can only approve 65,000 H-1B visas for businesses, with 20,000 additional visas for foreign professionals obtaining a master’s or doctorate at an American Educational Institute. According to data by US Citizenship and Immigration Services, from the financial year 2025 (FY25), seven of the ten largest users of H-1B visas are technical enterprises, including Homegrown IT Services Tata Consultancy Services Ltd and Cognizant Technology Solutions Corp., which received 36,737 Visas or more than half of the have. Some Indian professionals on H-1B visas include mologists with degrees in gems science and gemological engineering; 3D model designers; Material scientists specialize in precious metals, alloys, plate and finishing processes; and data scientists who can recognize gemstone patterns. “While the jewelery and jewelry industry could never get as many visas as the IT sector, over the years we have sent employees who are qualified artisans, product designers and laboratory technicians,” says Dinesh Lakhani, director of Kiran Gems. The firm is one of the largest diamond manufacturers and has its offices, trade and manufacturing units in Mumbai and Surat in India, the UAE and the US. Mint reported in August that India cuts nine of the 10 of the world’s rough diamonds and polished and 959,000 workers employed in Gujarat factories owned by DiamondAires whose main destinations are the US, UAE, Hong Kong and Belgium. Over the past financial year, diamond exports only amounted to $ 13.26 billion, which was more than two fifths of total jewelery and jewelry of $ 29.9 billion. Shaunak Parikh, director of Diamond Trader Mahendra Brothers PVT, said: “Some of the senior talent in the jewelry business is on H-1B visa. influence the US. “This community forms a strong consumer base for Indian jewelry, especially during festive and wedding seasons. Any restrictions on their mobility or jobs can therefore have a ripple effect on the sentiment of the consumer and the purchase patterns. “Catch all the industry news, bank news and updates on live currency. Download the Mint News app to get daily market updates. tale