Posts

Showing posts with the label India Silver Jewellery

India's Plain Gold Jewellery Exports Surge 28.12% YoY in April-December

Image
India's Jewellery Export Landscape: Divergent Trends in Gold, Silver, Platinum, and Gemstones from April to December 2023 According to the release figures of the gold jewellery export for the period of April 2023 to December 2023, India’s gold jewellery export is struggling to grow! In the Gold Jewellery (Plain & Studded) category show that the provisional gross export of total Gold Jewellery for the period April 2023 to December 2023, at US$ 7260.330 million (Rs. 60184.71 crores) shown a growth of 0.68% (4.77% Rs. term) over the comparative figure of US$ 7211.09 million (Rs. 57445.21 crores) for previous year. While provisional gross export of Plain Gold Jewellery for the period April 2023 to December 2023, at US$ 3953.99 million (Rs. 32797.13 crores) shown a growth of 28.12%(33.27% Rs. term) over the comparative figure of US$ 3086.25 million (Rs. 24608.79 crores) for previous year. Provisional gross export all kinds of Studded Gold jewellery for the period April 2023 to D

GJ exports dropped by 54.79% in 1Q

Image
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 mn co