GJ Town India

  C&P grew over 17% and Gold Jewellery that rises over 16%    As per the data released by the Gems and Jewellery Export Promotion Council (GJEPC), the overall gross exports of Gems & Jewellery [GJ] witnessed a spike of 15.98% to US$ 2178.24 million (Rs. 18756.28 crores) during July 2025, as compared to US$ 1878.09 million (Rs. 15700.0 crores) for the same period of previous year.   On the other hand, the overall gross imports of Gems & Jewellery witnessed a growth of 26.55% to US$1810.43 million (Rs. 15587.73 crores) in July 2025, as compared to US$1430.55 million (Rs. 11956.04 crores) for the same period of the previous year.   This massive rise is due to the expedited trade activities during July as a preventive measure against Tariff Threats kicking in August 2025 onwards. As India heads into the festive season, and following this is the holiday season in the West, a major part of the trade has already been concluded in July 2025.   ...

GJ exports grew by 33% during the June-Aug 2022 The India-UAE Comprehensive Economic Partnership Agreement (CEPA) which came into effect on the 1st of May 2022 is already creating a significant positive impact on India-UAE trade. Indian exports to the UAE, excluding petroleum products grew from US$ 5.17 billion during June-August 2021 to US$ 5.92 billion,  during June-August 2022, which denotes an increase of 14%. In the row Gem & jewellery (GJ) exports that grew by 33%. That registered exports during the June-Aug 2022 of US$ 1404.73 over the previous June-Aug 2021 of US$ 1053.33.   It is pertinent to note that India’s global non-petroleum exports during the same period (Jun-Aug 2022) grew by 3% on an annual basis. This implies the growth rate of India’s non-petroleum exports to the UAE is almost 5 times as that of India’s non-petroleum exports to the world.   Excluding petroleum related imports, Indian imports from the UAE during the same three-month period grew...