The silver jewelry exports from India remained almost flat year-on-year at $108.59 million (Rs. 644.04 Crore) in May 2014 while its gold jewelry exports surged higher by 26.84{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} year-on-year to $626.16 million, in accordance with the latest data released by the Gems and Jewelry Export Promotion Council (GJEPC).
According to GJEPC, country’s cut and p…
The silver jewelry exports from India remained almost flat year-on-year at $108.59 million (Rs. 644.04 Crore) in May 2014 while its gold jewelry exports surged higher by 26.84{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} year-on-year to $626.16 million, in accordance with the latest data released by the Gems and Jewelry Export Promotion Council (GJEPC).
According to GJEPC, country’s cut and polished diamond exports in May reached $1,636.47 million, dropping less than 1{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} over the previous year. The country’s export of coloured gemstones plunged by 33.91{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} from $47.12 million in May 2013 to $28.88 million in May 2014. The exports of pearls too tumbled to $0.07 million from $0.33 million a year ago. The exports of synthetic stones witnessed sharp fall of 44{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} from $11.08 million in May 2013 to $6.16 million in May 2014.
India’s did not export gold medallions coins during the month of May this year, as compared with the exports of $20.11 million (Rs. 110.63 Crores) during the same month a year ago. The export of rough diamond from the country scaled higher by 14.20{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} in May. The exports of rough diamonds during the month totaled $142.53 million (Rs. 845.35 Crore).
The figures released by the country’s Export Promotion Council demonstrate robust growth in exports of gold jewelry, whereas a sharp decline in exports of gemstones, pearls, gold medallions and coins during May ‘14.
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