India's gems and jewellery exports declined 4.97% to Rs 20,713.37 crore in May, but gold and silver jewellery saw growth, with diamond exports declining.
Gems & jewellery exports in India declined by 4.97% to Rs 20,713.37 crore in May, compared to the same period last year. Despite this, gold and silver jewellery exports saw growth - up 13.1% and 65.3% respectively. However, Cut & Polished diamonds exports declined by 15.54%. Despite global economic fluctuations, the sector's ability to maintain significant figures underscores its stability and adaptability.
June 14, 2024
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