India’s recent increase in gold import duty from 6% to 15% has created a strong price advantage for jewellery buyers in the UAE, especially in Dubai, the City of Gold. Industry leaders say the move is significant because India’s gold import duty has reached one of its highest levels in the last two decades.

This time, the impact is even more meaningful for NRIs living in or travelling through the UAE because of the renewed clarity on India’s baggage allowance rules. As per the current rules, NRIs, men can carry up to 20 grams and women up to 40 grams of gold jewellery duty free into India, subject to prescribed conditions. For a travelling family, this allows around 100 grams or more of gold jewellery to be carried legally within the duty-free baggage allowance.

According to Dr. Joy Alukkas, Chairman of Joyalukkas Jewellery, this combination of higher Indian duty, baggage rule clarity, and Dubai’s competitive gold market has created a clear opportunity for customers.

Sydney, Australia | April 2026

Joyalukkas, the world’s favourite jeweller, has achieved a landmark milestone in its global growth journey with the inauguration of its first showroom in Australia – marking the brand’s official and celebrated entry into its 12th country. The grand opening took place in Sydney on 11 April 2026, welcoming Australia as the newest and most exciting chapter in Joyalukkas’ ever-growing international story.

Bollywood actor and brand ambassador Kajol Devgan inaugurated the Joyalukkas showroom in Sydney, marking the brand’s official entry into Australia. She was joined by The honourable Dr. Andrew Charlton MP (Cabinet Secretary Assistant Minister for Science, Technology and the Digital Economy), Mr. Sameer Pandey- Councillor, Mr. John Paul Alukkas, CEO of Joyalukkas Jewellery; Ms. Sonia Alukkas, Director – International Operations.