Gems, jewellery exports dip 18% during April-Oct

摘要

Due to weak global demand, India's export of gems and jewellery dipped about 18.33 per cent to $18.09 billion during April-October due to declining prices of gold. Besides, The outbound shipments were worth $22.15 billion during the first seven months of last fiscal 2014-15, a Declining gold prices and global demand slowdown is the major reason for dip in exports besides increasing rejection of domestic consignments, exporters body FIEO said.s per the provisional data of the Gems and Jewellery Export promotion Council (GJEPC).