Decline in Gems and Jewellery Exports Signals Challenges for Indian Market: GJEPC Report
The Gem & Jewellery Export Promotion Council (GJEPC) reveals a significant downturn in the exports of gems and jewellery for the fiscal year 2023-24, indicative of challenges faced by the Indian market
May Sees a 10.7% Drop in Gem and Jewellery Exports, Amounting to Rs 22,693.41 Crore
The gem and jewellery industry faced a notable setback in May, with a significant decline in exports. According to recent data, there was a 10.7% decrease in gem and jewellery exports, totalling Rs 22,693.41 crore.
Import duty cut on cut and polished diamonds: The inside story
Yes, the import duty cut to 5% will benefit some segments of the diamond industry, but how big will the impact be? Suneeta Kaul finds out
India's March Gold Imports At Record High On Soaring DTA Demand; Exporters Face Gold Shortage
The substantial increase in India’s gold imports in March 2021 may be attributed to the thriving domestic jewellery sector
India's gems and jewellery exports declined by 38% to $1.36 billion in July
Overall gross exports of gems and jewellery in the month of July this year declined by around 38%
Govt might waive 3% IGST on unsold jewellery imports
Since these ornaments are not carried based on pre-orders from foreign customers, some of them are sold in the exhibition itself, while the remaining are brought back to India. On such imports, jewellers need to pay another three per cent towards IGST
Gems & Jewellery Exports rise 11% during April-May
Indias gems and jewellery exports rose by over 11% to USD 6.78 billion during the first two months of the current fiscal, largely driven by demand in major markets like the US.
Gems, jewellery exports up 11 per cent in Apr-Aug FY'17
Gems and jewellery contribute about 14 per cent to the country's overall exports.
WGC predicts increase in gold demand
Sale to scale up by 10- 15% during Diwali
- 1
