India s Diamond Exports Hold Firm, Despite Covid Spike May 20, 21 by John Jeffay
(IDEX Online) - India s overall exports of polished diamonds totaled $2.25bn in April, up slightly on $2.16bn in March, according to new figures from the Gems a
nd Jewellery Export Promotion Council (GJEPC).
The industry appeared to hold firm despite the devastating surge in Covid infections and deaths throughout the month.
The seven-day average number of daily deaths was 350 at the start of April, increasing day on day to over 3,500 by the month end.
Overall gross exports of all gems and jewelry were $3.3bn in April, down marginally from $3.4bn in March.
Synopsis
Exports of cut and polished diamonds (CPD) in April grew to Rs 16,538.84 crore as compared to Rs 261.19 crore in April 2020.
The key export markets have opened for economic and social activities and the industry is receiving good orders from these major export markets.
MUMBAI: The demand for gem and jewellery is back in major export markets, as the overall shipments of gems and jewellery surged to Rs 25,226.11 crore year-on-year in April 2021, according to Gem and Jewellery Export Promotion Council (GJEPC).
The overall gems and jewellery exports stood at Rs 273.41 crore during April 2020, when India as well as the major export markets were going through lockdowns to curb the spread of COVID-19, GJEPC data showed.
Gem and jewellery exports witness a growth of 16 63% to US$ 3369 65 million in April 2021 diamondworld.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from diamondworld.net Daily Mail and Mail on Sunday newspapers.
The demand for gem and jewellery is back in major export markets, as the overall shipments of gems and jewellery surged to Rs 25,226.11 crore year-on-year in April 2021, according to Gem and Jewellery Export Promotion Council (GJEPC). The overall gems and jewellery exports stood at Rs 273.41 crore during April 2020, when India as well as the major export markets were going through lockdowns to curb the spread of COVID-19, GJEPC data showed. Exports of cut and polished diamonds (CPD) in April grew to Rs 16,538.84 crore as compared to Rs 261.19 crore in April 2020. Gold jewellery shipments surged to Rs 5,060.23 crore compared to Rs 1.55 crore a year ago.