Surge in India's Polished Diamond Exports

By John Jeffay / March 12, 2023 / www.idexonline.com / Article Link

(IDEX Online) - India's cut and polished diamond exports surged during February, up by almost 20 per cent to ?, ?2.37bn.In rupee terms the increase was even bigger, at just under 32 per cent, according to new figures from GJEPC (Gem and Jewellery Export Promotion Council).Vipul Shah, the council's chairman, pointed to the recovery in China after Covid restrictions, the lunar New Year, and an expected "revenge buying" frenzy.From April 2022 to February 2023 overall gross exports fell by just over seven per cent to $20.4bn.Polished lab growns, still a small proportion of all diamonds, saw growth of almost 40 per cent in the same period to $1.57bn.February's export of all gems and jewelry rose by just over 12 per cent to $3.49bn.

Recent News

Gold stocks gain on move back into metal

October 12, 2026 / www.canadianminingreport.com

Silver stocks gain over past year even as metal price weak

October 12, 2026 / www.canadianminingreport.com

Copper price estimates boosted by AOCE

October 05, 2026 / www.canadianminingreport.com

AOCE makes significant changes to metal estimates

October 05, 2026 / www.canadianminingreport.com

Big Gold still struggling overall in 2026

September 28, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok