India’s gem and jewellery exports jump 26.5% to $2.21bn in June
India’s gem and jewellery exports rose to $2.21 billion in June, led by a 54.5% increase in gold jewellery exports and 52.25% growth in polished lab-grown diamonds. April–June exports were broadly flat in dollar terms at $6.61 billion.
India’s gem and jewellery exports rose 26.5% to $2.21 billion in June, led by gold jewellery and lab-grown diamonds after lower gold prices. GJEPC flagged GST-related gold-import sourcing issues, while stronger overseas demand and trade agreements are expected to support growth.
Why this matters
No related recent GJEPC signals were provided; June’s export increase was driven by gold jewellery and polished lab-grown diamonds despite flat April–June dollar exports.
Retail-company signals are accelerating, up +991500% QoQ.