According to the available February 2024 statistics for Cut & Polished Diamonds exports & import of India say, that the import of Cut & Polished (C&P) diamonds enjoys a higher percentage over exports!
The overall gross export of Cut & Polished (C&P) diamonds at US$ 1707.44 million (Rs. 14162.59 crores) in month of February 2024 is showing a decline of 27.93%(-27.680% in Rs. Term) as compared to US$ 2369.1 million (Rs. 19582.38 crores) for the same period of previous year (YoY).
The overall gross Imports of Cut & Polished diamonds at US$ 130.43 million (Rs. 1082.17 crores) in month of February 2024 is showing a growth of 70.62% (71.39% in Rs. term) as compared to US$ 76.44 million (Rs. 631.41 crores) for the same period of previous year.
The overall gross Imports of Cut & Polished diamonds in DTA at US$ 41.23 million (Rs. 342.1 crores) is showing a Growth of 12.12(12.69% Rs. term) as compared to US$ 36.77(Rs 303.58 crores) for the same period of February 2024
The overall gross Imports of Cut & Polished diamonds in SEZ at US$ 89.2 million (Rs. 740.06 crores) is showing a Growth of 124.86(125.75% Rs. term) as compared to US$ 39.67(Rs 327.83 crores) for the same period of February 2024
Provisional gross export of Polished Lab Grown Diamonds for the period Feb 2024 at US$ 139.09 million (in Rs. 1153.86 crores) shows a growth of 2.90% (3.29% in Rs. term) over the comparative figure of US$ 135.18 million (Rs. 1117.10 crores) for previous year.
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Shaping India’s $100 Billion Gems & Jewellery Future
At the Chintan Shivir on the 2040 Roadmap, Commerce Secretary Shri Rajesh Agrawal outlined a vision to grow India’s gems & jewellery sector from ~$29B to $100B, driven by innovation, technology, design, global branding.
Shaping India’s $100 Billion Gems & Jewellery Future
At the Chintan Shivir on the 2040 Roadmap, Commerce Secretary Shri Rajesh Agrawal outlined a vision to grow India’s gems & jewellery sector from ~$29B to $100B, driven by innovation, technology, design, global branding.
Heera Zhaveraat (HZ International) A Diamond, Watch and Jewellery Trade Promotion Magazine provide dealers and manufactures with the key analytical information they need to succeed in the luxury industry. Pricing, availability and market information in the Magazine provides a critical edge.
