Indian gem & jewellery exports grew 790% to ?18818389 crores - g (Mumbai)

Indian gem & jewellery exports grew 790% to ?18818389 crores - g

The gem & jewellery exports witnessed a decline of 14.64% to ?25843.84 crores in October 2022 India?s robust gem & jewellery export performance in the first six months of the financial year 2022-23 has helped to maintain growth for the period April to October 2022, despite a sharp dip in exports in the month of October 2022. The decline in exports in the month of October or November is a seasonal trend consistent with previous years as manufacturing activities are either limited or units are closed because of the Diwali season. Traditionally, a spike in exports is seen once again post the Diwali holiday period. For the cumulative year-to-date period of April ? October 2022, the overall gross exports of gems & jewellery witnessed a growth of 7.90% to ?188183.89 crores (1.21% in dollar terms to US$ 23814.0 million) as compared to ?174406.57 crores (US$ 4041.60 million) for the same period last year. To know more: https://gjepc.org/solitaire/indian-gem-jewellery-exports-grew-7-90-to-%e2%82%b9188183-89-crores-in-apr-oct-2022/