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Gems, jewellery exports dip 2.49% to USD 2,047.80 million in May: Trade body
India's gems and jewellery exports saw a dip in May. High gold prices and supply issues impacted overall shipments. Gold jewellery exports declined significantly. However, studded gold jewellery exports showed growth. Cut and polished diamonds, lab-grown diamonds, and silver jewellery exports performed well. The industry is addressing challenges with the government.
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economictimes.indiatimes.com
Organised jewellers seen sustaining growth despite 80% surge in gold prices: Nuvama
India's jewellery sector anticipates strong growth. Weddings and festivals are driving demand, even with high gold prices. Retailers report good revenue and customer interest.…
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thehindubusinessline.com
Gem, jewellery exports dip 2% on gold supply shortage, weak demand
Gem and jewellery exports fall 2% due to gold supply issues and war uncertainty, despite a rise in diamond exports.
