Mumbai, April 16 -- India's overall gems and jewellery exports declined by 11.72% to USD 28.5 billion (around Rs 2.41 lakh crore) in 2024-25 compared to the previous financial year on continued geopolitical tensions, according to the Gem & Jewellery Export Promotion Council (GJEPC). The overall gems and jewellery exports stood at USD 32.2 billion (Rs 2.67 lakh crore) in 2023-24, according to GJEPC data. However, in March, the exports improved slightly, witnessing a growth of 1.02% at USD 2,582.97 million (Rs 22,340.89 crore), compared to USD 2,556.97 million (Rs 21,228.71 crore) in the same month of the previous year, it added.

Published by HT Digital Content Services with permission from Capital Market....