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Showing posts with the label LGDs exports-India

Likely, Bharat to witness surge in manufacturing activities

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  Platinum exports grew over 29%, Coloured Gemstones tumbled < 2%    According to the trusted sources, Bharat’s gross imports of rough diamonds totaled at US$ 2262.21 million (Rs 19311.73 crores) in April 2025 - May 2025 have shown a decline of 5.46% (-3.2% Rs. term) compared with the imports at US$ 2392.87 million (Rs. 19949.36 crores) for previous year.    In volume terms gross import of rough diamonds at 196.57 lakhs carats during April 2025 - May 2025 has shown a decline of 1.810% compared with the imports at 200.19 lakhs carats during previous year.  Here is to read the caratage term, which is less than 2% means, this is the time to witness a surge in manufacturing activities where, demand is expected to grow during the festive season and up to December 2025. Yet, the gloomy global geopolitical scenario may be little more visible by the July end.    It is most likely to expect & witness the settling of the dust at the global ...

India’s Plain Gold Jewelley exports grew 30.66%

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Silver Jewellery exports also grew 22.47% for April-May   India's gems and jewellery (GJ) sector continues to demonstrate resilience and growth, as highlighted by the latest export performance data for the period of April to May 2024. The overall gross exports of Gems & Jewellery during this period amounted to US$ 4691.58 million (Rs. 39123.07 crores), showcasing a commendable performance.   While this reflects a slight decline of 5.94% (-4.56% in Rs. term), the sector's ability to maintain such significant figures amidst global economic fluctuations underscores its stability and adaptability. In specific segments, while Cut & Polished Diamonds experienced a decline of 15.54% to US$ 2627.09 million (-14.32% to Rs. 21906.44 crores), other categories such as Gold Jewellery (Plain & Studded) and Silver Jewellery witnessed remarkable growth.   Commenting on the performance, Vipul Shah, Chairman, GJEPC said, "India's gems and jewellery sector has shown rem...