According to the available provisional statistics pertaining to India’s export & import of Gem & Jewellery (GJ) for the period of January 2024. The overall gross exports of Gems & Jewellery at US$ 2393.66 million (Rs. 19894.91 crores) in the month of January 2024 is showing a decline of 4.97% (-3.52% in Rs. term) as compared to US$ 2518.83 million (Rs. 20621.52 crores) for the same period previous year.
The overall gross imports of Gems & Jewellery at US$ 2259.35 million (Rs. 18782.45 crores) in month of January 2024 is showing a growth of 62.72% (65.26% in Rs. term) as compared to US$ 1388.45 million (Rs. 11365.29 crores) for the same period previous year.
At the Polished Lab Grown Diamonds segment, the provisional gross export of Polished Lab Grown Diamonds for the period January 2024 at US$ 113.85 million (in Rs. 946.10 crores) shows a growth of 10.33% (11.98% in Rs. term) over the comparative figure of US$ 103.19 million (Rs. 844.88 crores) for previous year.