Exports of gems and jewellery grew 11.7 percent to reach 11.4 billion dollars, during the first four months of the current fiscal, driven largely by demand in India's major markets like the US. In April to July period of the last fiscal, exports from the sector were at 10.21 billion dollars, according to the data from Gems and Jewellery Export Promotion Council. The rise in April to July was mainly supported by cut and polished diamond exports. It rose to 7.25 billion dollars during the period from 6.89 billion dollars, a year ago. Gems and jewellery contribute about 14 per cent to the country's overall exports.
News On AIR | August 25, 2016 4:13 PM
Gems, jewellery exports up about 12% in April-July FY'17