India's gem and jewelry exports hit $2.998 billion in October, up 9.18% from last year, driven by diamond and gold gains.

India's gem and jewelry exports surged in October 2024, reaching $2.998 billion, a 9.18% increase from the previous year. Cut and polished diamonds led the growth with an 11.32% rise, while gold jewelry exports also increased by 8.8%. Despite these gains, cumulative exports from April to October showed a 9.1% decline. The Gem and Jewellery Export Promotion Council (GJEPC) remains optimistic about future growth, particularly driven by the upcoming holiday season.

November 15, 2024
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