India’s export of Platinum Jewellery grew over 370% in 9m

Jan 29, 2024

Boucheron pt illustrativeAccording to the reliable fact & figures, provisional gross export of India for old Jewellery for the period April-December 2023 totaled at US$ 7260.330 million (Rs. 60184.71 crores) shown a growth of 0.68% (4.77% Rs. term) over the comparative figure of US$ 7211.09 million (Rs. 57445.21 crores) for the previous year.

Provisional gross export of Plain Gold Jewellery category for the period April-December 2023  stood at US$ 3953.99 million (Rs. 32797.13 crores) shown a growth of 28.12% (33.27% Rs. term) over the comparative figure of US$ 3086.25 million (Rs. 24608.79 crores) for the previous year.

Provisional gross export all kinds of Studded Gold jewellery category for the period April-December 2023 registered at US$ 3306.33 million (Rs. 27387.59 crores) shown a decline of 19.84% (-16.59% Rs. term) over the comparative figure of US$ 4124.84 million (Rs. 32836.42 crores) for the previous year.

Looking at Silver Jewellery category, provisional gross export of Silver Jewellery for the period April-December 2023 at US$ 1228.53 million (Rs. 10196.84 crores) shows a decline of 51.170% ( -49.19% Rs. term) over the comparative figure of US$ 2515.88 million (Rs. 20068.12 crores) for the previous year.

While Platinum Jewellery category, provisional gross export of Platinum Jewellery for the period April-December 2023 jump at US$ 124.69 million (Rs. 1036.3 crores) shown a growth of 370.67% (391.07% Rs. term) over the comparative figure of US$ 26.49 million (Rs. 211.03 crores) for the previous year.

Provisional gross export of Coloured Gemstones for the period April-December 2023 scaled at US$ 342.34 million (in Rs. 2832.74 crores) shows growth of 19.71% (24.58% in Rs. term) over the comparative figure of US$ 285.99 million (Rs. 2273.9 crores) for the previous year.

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