According to the available figures for the Gem & Jewellery (GJ) exports for the month of December 2023 & April-December 2023, India is facing the geo political & global economic weaknesses. The overall gross exports of Gems & Jewellery at US$ 2195.23 million (Rs. 18281.49 crores) in the month of December 2023 is showing a decline of 9.04% (-8.14% in Rs. term) as compared to US$ 2413.46 million (Rs. 19901.55 crores) for the same period previous year.
The overall gross imports of Gems & Jewellery at US$ 2092.34 million (Rs. 17419.41 crores) in month of December 2023 is showing a decline of 7.58% (-6.84% in Rs. term) as compared to US$ 2264.04 million (Rs. 18697.98 crores) for the same period previous year.
The overall gross exports of Gems & Jewellery for the period of April-December 2023 registered at US$ 22707.88 million (Rs. 187993.93 crores) is showing a decline of 20.78% (-17.55% in Rs term) as compared to US$ 28664.98 million (Rs. 228003.18 crores) for the same period previous year.
The overall gross imports of Gems & Jewellery during the April-December 2023 totaled at US$ 15590.259 million (Rs. 128985.13 crores) is showing a decline of 22.43% (-19.41% in Rs. term) as compared to US$ 20097.21 million (Rs. 160049.92 crores) for the same period 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.
