India Imports $9bn of Rough in Half Year to September

By John Jeffay / October 21, 2021 / www.idexonline.com / Article Link

(IDEX Online) - India' gross import of rough diamonds leapt to $9bn from April to September as it bounced back from Covid.That's a rise of 255 per cent on $2.6bn for the same period during Covid-hit 2020, according to GJEPC (Gems and Jewellery Export Promotion Council). Exports of gems and jewelry increased to $19.3 bn, compared to $8.7bn.Colin Shah, chairman of GJEPC, said, "The sector has already achieved nearly half (46 per cent) of the $41.66 billion exports target set by the government."The sentiment in the industry is incredibly positive with markets opening up and demand gradually returning to normal."Figures show overall gross exports of gems and jewelry for September were $3.2bn, a year-on-year increase of 29.6 per cent. Imports for the same period were $2.3bn, up 19.5 per cent.

Recent News

Gold stocks weaker but outperform slump in other sectors

October 13, 2025 / www.canadianminingreport.com

West Africa-focussed Robex and PDI to merge

October 13, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market gains

October 06, 2025 / www.canadianminingreport.com

Most major producers rise but TSXV gold mixed

October 06, 2025 / www.canadianminingreport.com

Platinum, palladium, copper gain on green China, supply constraints

September 29, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok