Sri Lanka's gem and jewellery sector is set to receive a significant boost from India, as both nations deepen bilateral cooperation in one of the island's most prized export industries. A Strategic Partnership for a Precious IndustryThe collaboration signals growing economic ties between the two neighbouring countries, with India extending support aimed at enhancing the capacity, quality, and global competitiveness of Sri Lanka's gem and jewellery trade. The sector has long been a cornerstone of Sri Lanka's export economy, renowned worldwide for its sapphires, rubies, and other precious stones. The partnership with India presents a genuine opportunity to elevate Sri Lanka's gem and jewellery industry beyond raw exports and into high-value, finished products that command stronger returns on the global market. The gem and jewellery industry remains one of Sri Lanka's most culturally and economically significant sectors, and renewed foreign investment and cooperation could mark a turning point in its post-crisis resurgence.