After declining 3 per cent in March, Country’s gems and jewellery exports witnessed a robust growth of about 33 per cent to $ 3.38 billion in April 2013.
In April 2012, these exports stood at USD 2.55 billion, according to the data provided by the Gems and Jewellery Export Promotion Council (GJEPC).
“These exports saw a very healthy growth as demand is rising not only in American market, but also in emerging markets like China, Russia and latin America,” GJEPC Executive Director Sabyasachi Ray said.
But, he said, the European market is still sluggish. The major markets for the country's gems and jewellery exports include the US, the UAE, Hong Kong and Europe.