![]() Gems and Jewellery Exports (April – June 2023 ) ![]() These circumstances have contributed to the decrease in India’s export levels.” The US and China, being major importers of India-made gems and jewelry, have been impacted by factors like inflation in the US, the Russia-Ukraine war, and an extended lockdown in China lasting almost six months. “Exports from India have experienced a decline due to various economic challenges in key markets. Sharing insights with IBT on the current downfall in exports, Vipul Shah, Chairman – GJEPC said: As a result, there has been a decline in the value of diamond exports.
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