Bharat is eying to catch GJ Export demand of 2Q

Determined to push up GJ exports yet watchful on inventories! 

According to the media sources, Bharat’s Gem & Jewellery [GJ] export & import [Exim] are highly impacted by global geopolitical scenario and uncertainties. Additionally, global power center is also shifting. In the changing and shifting supply line priorities over collapsed globalisation of commerce & industry, including Exim practices; Bharat is also facing the global challenges!  

The overall gross exports of Gems & Jewellery at US$ 2263.42 million (Rs. 19260.81 crores) in the month of May 2025 is showing a decline of 15.81% (-14.07% in Rs. term) as compared to US$ 2688.38 million (Rs. 22414.02 crores) for the same period of previous year.

The overall gross imports of Gems & Jewellery at US$ 1689.61 million (Rs. 14393.12 crores) in month of May 2025 is showing a decline of 12.96% (-11.07% in Rs. term) as compared to US$ 1941.29 million (Rs. 16184.80 crores) for the same period of previous year.  

By considering, April & May 2025 month’s Exim, the available record says, the overall gross exports of Gems & Jewellery at US$ 5202.01 million (Rs. 44407.3 crores) is showing a growth of 4.96% (7.44% in Rs term) as compared to US$ 4956.33 million (Rs. 41331.31 crores) for the same period previous year.  

The overall gross imports of Gems & Jewellery at US$ 3748.622 million (Rs. 32006.09 crores) is showing a decline of 2.52% (-0.18% in Rs. term) in the April & May 2025 as compared to US$ 3845.69 million (Rs. 32065.28 crores) for the same period previous year.  

According to Nayan Jani, Editor- GJ Town India, Bhartiya gem & jewellery export fraternity is very cautious and move to enhance the GJ export performance with persistence, no haste and by keeping adequate watch on the developing geopolitical pressure & uncertainties. No doubt Bharat is well determined to push up GJ exports yet, keeping eye on import and inventories too. Well preparing to cater the expected demand of 2Q, FY 2025.