Gems, jewelery exports rise in first 9 months of present fiscal

Gems and jewelery exports grew by 5.76 per cent to $29.08 billion throughout April-December of the present fiscal on good demand in main nations just like the US, Hong Kong and Thailand. The Gems and Jewelery Export Council (GJEPC) on Friday stated exports grew 29.49 per cent to $3.04 billion in December 2021. GJEPC Chairman Colin Shah stated in a press release, “Vacation and festive demand remained excessive in main enterprise facilities such because the US, Hong Kong, Thailand and Israel. This momentum will proceed into the top of the fiscal 12 months and we might be near the goal of exports of $ 41.67 billion.” Additionally learn: Cryptocurrency costs proceed to fall, BitCoin buyers endure heavy losses, in accordance with assertion Diamonds exports grew by 23 per cent to $18 billion and gold jewelery exports grew by 25.41 per cent to $6.91 billion between April-December 2021. ,

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