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Showing posts with the label India’s Exim

Bharat is eying to catch GJ Export demand of 2Q

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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 o...

Bharat imports fewer cut & polished diamond in April

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Weak buying trend in the globe restricts cut-polished export in April   According to the India’s latest export-import (Exim) data of gem & jewellery (GJ), overall gross export of Cut & Polished diamonds at US$ 1108.74 million (Rs. 9486.88 crores) in month of April 2025 is showing a decline of 6.12% (-3.70% in Rs. Term) as compared to US$ 1180.99 million (Rs. 9851.2 crores) for the same period of previous year. According to the veteran journalist of GJ industry & trade Nayan Jani, by learning the global diamond buying trend, uncertainties, geopolitical scenario and opaque export facilities at the prime export destination of the cut-n-polished diamonds, India suggested overall to pull down the import of cut-n-polished diamonds import in the month of April 2025. Instead of importing diamonds of the category, India preferred to push the diamond manufacturing. Learn the Cut & Polished import trend in India for the month of April 2025, the following data say so. ...