GJ exports dropped by 54.79% in 1Q
CPD exports slides 49.68% in 1Q Silver is the new silver line In the basket of GJ export India! According to the recent figures announced by the Gem & Jewellery Export Promotion Council (GJEPC), overall gross exports of Gems & Jewellery (GJ) is showing a decline of 34.72% to US$ 1647.49 million during the month of June 2020 as compared to US$ 2523.74 million in June 2019. Overall export performance during the first quarter of FY 2020-21 gross exports of Gems & Jewellery declined. Overall export dropped by 54.79% to US$ 2.75 bn during the April 2020 to June 2020, over the US$ 6.07 bn during the same period of last year, the first quarter. Cut and Polished Diamond (CPD) exports fallen by 46.91% in the month of June 2020 to US$ 898.32 mn as compared to US$ 1692.18 mn in June 2019. This drop is being seen wider while looking at the quarter term. CPD exports for the period of April 2020 to June 2020 registered a drop of 49.68% to US$ 1801.71 m...