Jewelery exports rose 45% to Rs. 31241 crore

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MUMBAI: Exports of gems and jewelery from the country rose by 7.5 per cent year-on-year in October to Rs. The Gems and Jewelery Export Promotion Council (GJEPC) has stated that it has reached Rs 21,31.05 crore.

It is to be noted that, in October 2020, a total of Rs. Gems and jewelery worth Rs 21,612.5 crore were exported.

Overall sentiment in the gems-jewelery industry is currently positive, the council said.

In October, total exports of cut-polished diamonds rose by 2.50 per cent to Rs. 14,12.5 crore in the same month a year ago. Exports amounted to Rs 12,6.5 crore. So the export of gold jewelery in October 2020 was Rs. This time it has increased by 2.08 per cent to Rs. 316.5 crore has been registered.

During the first seven months of the current financial year, from April to October, exports of silver jewelery grew by 4.5 per cent to Rs. 11,31.8 crore which was Rs. 2.4.5 crore. Similarly, total exports of platinum jewelery grew by 4.5 per cent to Rs. 12.5 crore during the same period last year. 2.04 crore. Exports of colored gems, meanwhile, rose by 104.5 per cent to Rs. 1,6.5 crore.


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