India’s Gems, Jewellery Exports Slump In October: GJEPC
India’s gems and jewellery exports dropped 30.57% in October 2025 as weak global demand, high rates, supply issues and U.S. tariffs hit trade.
India’s gems and jewellery exports dropped 30.57% in October 2025 as weak global demand, high rates, supply issues and U.S. tariffs hit trade.
Gems and jewellery exports experienced a notable decline of 12.17 per cent during the fiscal year 2023-24, amounting to Rs 2,65,187.95 crore (USD 32,022.08 million), according to data from the Gem and Jewellery Export Promotion Council (GJEPC). This decrease is attributed to several factors, including high interest rates in the US and a sluggish recovery […]