India's Gem and Jewelry Exports Rise, Buoyed by UAE Agreement

By John Jeffay / July 19, 2022 / www.idexonline.com / Article Link

(IDEX Online) - India's gross exports of polished diamonds were $2.01bn in June, a dollar rise of 2.25 per cent on the same month last year.The figure for the three months from April to June was $6.27bn, a dollar increase of 1.09 per cent.Overall gross exports of all gems and jewlery were $3.2bn in June, a year-on-year dollar rise of 14.5 per cent, as India reaped the benefits of its Comprehensive Economic Partnership Agreement (CEPA) with UAE.Colin Shah (pictured), chairman of the Gems and Jewellery Export Promotion Council (GJEPC said): "Plain gold jewelry exports have been the immediate beneficiary of the India-UAE CEPA. "I would like to thank the Ministry of Commerce & Industry for supporting us with policy that is making a transformative difference and delivering results that are accelerating our momentum towards achieving $75 billion in exports."

Recent News

Gold stocks gain even as metal price pulls back

April 29, 2024 / www.canadianminingreport.com

Copper price forecast swinging significantly on shifting outlook

April 29, 2024 / www.canadianminingreport.com

Upgrades continue for 2024 gold price target...

April 22, 2024 / www.canadianminingreport.com

Gold stocks edge up as weak equities offset metal rise

April 22, 2024 / www.canadianminingreport.com

Major investment banks make major gold price upgrades

April 15, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok