India’s gem, jewellery exports decline 23.7pc to Rs 21,501.96 cr in March; marginally up in FY23

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The total gem and jewellery exports during 2021-22 stood at Rs 2,93,193.19 crores (USD 39,331.71 million), the Gem and Jewellery Export Promotion Council (GJEPC) said in a statement...

Indias overall gem and jewellery exports grew marginally by 2.48 per cent to Rs 3,00,462.52 crore (USD 37,468.66 million) in 2022-23 due to global challenges like inflation, the Russia-Ukraine war and the lockdown in China for almost six months, GJEPC said on Tuesday...

The overall exports of gems and jewellery declined by 23.75 per cent to Rs 21,501.96 crores (USD 2,612.65 million) in March 2023 compared to Rs 28,198.36 crores (USD 3,699.90 million) in the same month last year...

The overall gems and jewellery exports grew 2.48 per cent to Rs 3,00,462.52 crores compared to last year and the timely implementation of the India-UAE Comprehensive Economic Partnership Agreement (CEPA) by the Ministry of Commerce and Industry, has resulted in a remarkable 17 per cent growth in exports of plain gold jewellery in 2022-23, Shah added...

Meanwhile, gold jewellery exports during April 2022 March 2023, went up by 11.13 per cent to Rs 75,635.72 crores (USD 9,423.31 million) compared with Rs 68,062.41 crores (USD 9,129.71 million) for the previous year...

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