India's gems, jewellery exports falls 4.6% on year to $2.04 billion in Apr
This story was originally published at 11:11 IST on 14 May 2025
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MUMBAI – India exported gems and jewellery worth $2.04 billion in April, registering a fall of 4.6% on year, the Gems and Jewellery Export Promotion Council said in a release Tuesday.
India imported gems and jewellery worth $1.57 billion in April, down 17.6% on year, it said.
Net exports (gross less return consignments) in April showed a rise of less than 2% on year to $1.81 billion.
Exports of cut and polished diamonds fell 6.12% to $1.11 billion in the month, while imports declined by a hefty 45.9% to $47.6 million.
The value of rough diamonds imported in April at $1.20 billion showed a rise of less than 1% on year, although exhibiting a rise in physical terms of 9.5% to 10.5 million carats.
Lab-grown diamonds, which are considered a rival to natural diamonds, registered a 0.4% rise in exports in April to $110 million.
Exports of gold jewellery at $684.5 million in the month showed a decline of 5.4% over that of $723.6 million a year ago, the release said. End
US$1 = INR 85.29
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Abhijit Doshi
Edited by Deepshikha Bhardwaj
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