KOLKATA: The Gem & Jewellery Export Promotion Council (GJEPC) on Saturday reported a 12 per cent jump in gold jewellery exports during the current fiscal, contrasting with a 10 per cent decline in diamond exports over the first nine months.
The apex trade body expressed optimism about a turnaround in diamond exports, particularly in the US, which accounts for nearly half of the total exports.
The exports of cut and polished diamonds between April and November of FY25 dropped by 18.8 per cent to USD 8,980.2 million compared to the same period the previous year. China’s sluggish demand remains a concern for diamond exports, officials said on Saturday.
Source: PTI News
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