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Gem, jewellery exports drop 12.9% in Nov amid geopolitical tension: GJEPC

Business Standard LogoBusiness Standard8h ago

Gem, jewellery exports drop 12.9% in Nov amid geopolitical tension: GJEPC - Business Standard

Quick Summary:

Gems and jewellery exports saw a decline of 12.94 per cent to USD 1,986.21 million (Rs 16,763.13 crore) in November on prolonged geopolitical tension, Gem and Jewellery Export Promotion Council (GJEPC) said on Wednesday.

However, the plain gold jewellery exports grew 72.12 per cent to USD 652.81 in November as compared to USD 379.27 million in the same period of the previous year.

Provisional exports of polished lab grown diamonds during November declined 42.37 per cent to USD 62.88 million over USD 109.10 million for the previous year.


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Category: BusinessFinance

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Published On: 2024-12-18 @ 17:09:30 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 358 words

Reading Time: 2 minutes read

Sentences: 12 lines

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Copyright Owner: © Business Standard

News ID: 24536512

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