India's Gem & Jewellery Exports Grow 3.14% to $2.30 Bn in August
India's gem and jewellery sector recorded a 3.14% year-on-year export growth in August, with total shipments reaching $2.30 billion. The rise was largely driven by a surge in studded gold jewellery exports, while diamond shipments also contributed positively to overall performance. However, plain gold jewellery exports declined during the period, weighed down by elevated gold prices and higher input costs. Despite this mixed performance, the sector is increasingly positioning itself as a global centre for design and value addition.
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