Dip in gold jewellery exports hits small-scale units

Dip in gold jewellery exports hits small-scale units
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Estimates suggest that Gujarat also accounts for upto 10% of jewellery exports in India. Ahmedabad is home to at least 30-40 wholesale jewellery manufacturing units, majority of which are dependent on both domestic as well as export orders.
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(This story originally appeared in
on Feb 25, 2021)AHMEDABAD: Dwindling gold jewellery exports have dented the business of several small-scale jewellery manufacturing units in Gujarat, as their order volumes declined. According to gems and jewellery export promotion council (GJEPC), gold jewellery export stood at $3,552 million for the period between April 2020 and January 2021, 64% down against the same period in the previous financial year.

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