Jewellery Exports India: In November, India s gem and jewellery exports decreased by 4.52% YoY to Rs 19,018.18 crore (USD 2,263.34 million), marking an improvement from the previous year. The Gem and Jewellery Export Promotion Council (GJEPC) attributes the decline to supply disruptions and a voluntary halt in rough diamond imports due to geopolitical issues. GJEPC Chairman Vipul Shah anticipates further improvement, citing heightened festival demand and expects FY24 exports to surpass the previous financial year.
In November, India s gem and jewellery exports decreased by 4.52% YoY to Rs 19,018.18 crore (USD 2,263.34 million), marking an improvement from the previous year. The Gem and Jewellery Export Promotion Council (GJEPC) attributes the decline to supply disruptions and a voluntary halt in rough diamond imports due to geopolitical issues. GJEPC Chairman Vipul Shah anticipates further improvement, citing heightened festival demand and expects FY24 exports to surpass the previous financial year.
India s Gem & Jewellery Grew 2 48% in FY 2022-23 to Rs 300462 52 crores diamondworld.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from diamondworld.net Daily Mail and Mail on Sunday newspapers.