Gems and jewellery exports witnessed a 8.45 per cent decline in January to Rs 21,146.59 crore as against Rs 23,099.57 crore a year ago, the Gem Jewellery Export Promotion Council (GJEPC) said.
During April 2019 to January 2020, exports declined 4.78 per cent to Rs 2,16,076.06 crore as compared with Rs 2,26,933.91 crore during the first 10 months of 2018-19.
Similarly, export of cut and polished diamonds (CPD) declined 4.92 per cent in January to Rs 11,757.08 crore from Rs 12,365.89 crore in the same month of 2019.
CPD exports in the first 10 months of FY20 (April-January) dipped 16.04 per cent to Rs 1,14,982.97 crore from Rs 1,36,941.69 crore during April 2018 to January 2019.