Gems And Jewellery Export Promotion Council

Friday, Apr 26, 2024 | Last Update : 07:54 PM IST

Gems and Jewellery Export Promotion Council

UAE slips to third slot in gems & jewellery exports

This year the US has returned to the top slot with a share of 38.7 per cent of the total gems and jewellery exports

18 Feb 2022 9:17 AM

While the Commerce and Industry minister Piyush Goyal has asserted that 20 per cent growth in exports was necessary for the country to become $5 trillion economy, gems and jewellery, a major category in the export basket, continued its downward trend and declined 14 per cent in August.

Gems and jewellery exports drop 14 per cent

For the five-month period between April and August, exports registered a drop of 8.92 per cent to $15.33 billion.

13 Sep 2019 2:30 AM

As exports of gems and jewellery are declining, India will have to explore new markets, including some of the Asean countries, to arrest the de-growth. (Photo: PTI)

G&J sector will have to explore Asean markets to grow exports

According to him, the middle class population in these markets are increasingly spending on consumption items.

04 Sep 2019 12:58 AM

The exports fell 10.3 per cent in July and shrunk 8.48 per cent to $9.7 billion for April-July from $10.6 billion in the year-ago period, data from the Gems and Jewellery Export Promotion Council (GJEPC) showed.

G&J exports dip in July

In 2018-19 also gems and jewellery exports had declined 5.32 per cent to $30.96 billion in 2018-19.

10 Aug 2019 1:24 AM

Lower demand from the Indian diamond processing industry has pulled down the quarterly sales of Alrosa, the world's second largest diamond miner, as inventories rose 36 per cent. (Photo: Representational/Pexels)

Dip in India demand hits Russian diamond miner

Alrosa expects the situation to ease in the September quarter as demand from jewellery consumers remains stable.

22 Jul 2019 7:34 AM

Currently, no jeweller in India officially sells synthetic jewellery, but import of both rough and polished synthetic diamonds are increasing significantly.

Diamonds that trick

All that glitters may not necessarily be a diamond. Especially if it’s not certified, as we learn about the rampant mixing of synthetic.

25 Jun 2019 12:55 AM

In FY16 it was 335 lakh carats and 305 lakh carats respectively.

India’s rough diamond exports rise

After the polishing wastage, it exported 348 lakh carats of cut and polished diamonds.

20 Apr 2019 12:58 AM

The import of rough diamonds falls 40 per cent in dollar and 37 per cent in quantity terms in January.

Medallion, coin exports jump over 1250 per cent

January exports of gold medallions & coins stood at Rs 1,856.04 cr Vs Rs 136.81 cr in the year-ago month.

06 Mar 2019 1:11 AM

A national domestic council will be formed to promote the growth of the labour-intensive gems and jewellery sector in the country.

National domestic council to promote gems and jewellery sector

The aim of the council is to form an association at the national level.

16 Jun 2018 3:44 PM

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Sunil Gatade