Gross exports of gems and jewellery have declined for nine months in a row this financial year. It fell by 2 per cent YoY in December to $2,436 million. It had seen a YoY decline of 3 per cent in November. The quantum of de-growth in gross exports in the nine months of FY20 is … Read More →
New Delhi, May 30 (KNN) Exports of cut and polished diamonds from India dropped by 17.64% year-on-year during the month of April 2019, while gold jewellery (plain and studded) exports rose by 11.41% y-o-y during the same month, according to provisional data released by Gem & Jewellery Export Promotion Council (GJEPC). According to the GJEPC release, … Read More →
Surat: The apex body of India’s gems and jewellery sector has predicted that the exports are likely to remain flat in this financial year due to weak demand in the overseas market and the Goods and Service Tax (GST) implementation in India. In the recently published trade data for FY18, the Gems and Jewellery Export … Read More →
India’s gems and jewellery exports is likely to decline by a staggering 30 per cent in the financial year 2017-18 due to unfavourable government regulations and trade restriction from the Gulf countries. The signals of the steep decline in exports were already visibile in July with over 26 per cent fall in India’s gems and … Read More →