Jewellery sector recovers: Exports up nearly 20% in November; GJEPC says demand returning in China, Hong Kong, Middle East
India's gems and jewellery exports surged nearly 20% to $2.5 billion in November, driven by strong shipments of cut and polished diamonds, studded gold jewellery, and silver items. While cumulative exports remain steady, this monthly uptick signals a market stabilization and picking up demand in key destinations like Hong Kong and the Middle East, offering optimism for future growth.
India's gems and jewellery exports surged nearly 20% to $2.5 billion in November, driven by strong shipments of cut and polished diamonds, studded gold jewellery, and silver items. While cumulative exports remain steady, this monthly uptick signals a market stabilization and picking up demand in key destinations like Hong Kong and the Middle East, offering optimism for future growth. What's Your Reaction?
