In November, India’s gem and jewelry exports decreased by 4.52% YoY to Rs 19,018.18 crore (USD 2,263.34 million), marking an enchancment from the previous year. The Gem and Jewellery Export Promotion Council attributes the decline to provide disruptions and a voluntary halt in rough diamond imports as a result of geopolitical issues. GJEPC Chairman Vipul Shah anticipates additional enchancment, citing heightened festival demand and expects FY24 exports to surpass the previous financial 12 months. The assertion is supported by Australia Post knowledge, which reveals on-line retailing has elevated by 80 per cent through the pandemic, with greater than 200,000 customers…

In November, India’s gem and jewelry exports decreased by 4.52% YoY to Rs 19,018.18 crore (USD 2,263.34 million), marking an enchancment from the previous year. The Gem and Jewellery Export Promotion Council attributes the decline to provide disruptions and a voluntary halt in rough diamond imports as a result of geopolitical issues. GJEPC Chairman Vipul Shah anticipates additional enchancment, citing heightened festival demand and expects FY24 exports to surpass the previous financial 12 months. The assertion is supported by Australia Post knowledge, which reveals on-line retailing has elevated by 80 per cent through the pandemic, with greater than 200,000 customers…