Indian CPD exports to contract by 18-19 pc in FY25; sector outlook remains negative: ReportCut and polished diamond exports from India are projected to decline by 18-19% in 2024-25 due to reduced demand in the US and China. The do...
26 Sep, 2024, 06.14 PM IST
Indian Cut & Polished Diamond exports to contract to decadal low in FY2025; sector outlook remains negative: ICRAAccording to ICRA’s recent note on the sector, CPD exports from India contracted by 28% in FY2024, led by the worsened global macro-economi...
26 Sep, 2024, 02.23 PM IST
ICRA forecasts decline in India’s cut & polished diamond exports to decade-low levelsICRA forecasts India's cut and polished diamond exports to hit a decade-low of $12.5-13 billion in FY2025, marking an 18-19% year-on-year d...
26 Sep, 2024, 01.47 PM IST
India's cut and polished diamond exports likely to hit five-year low in FY24, says CareEdge RatingsIndia's CPD exports are expected to hit a five-year low in FY24 with a 25-30% dip to $15-$16 billion. Economic recovery, consumption market...
07 Mar, 2024, 12.31 PM IST
Diamond exports set to fall by 25-30% to multi-year low this fiscalIndia is the world's largest centre for diamond cutting and polishing, accounting for around 95 per cent of the world's polished diamond pr...
06 Mar, 2024, 10.06 PM IST
Exports of cut and polished diamonds estimated to decline by 22% in FY2024: ICRAWhile the festive season may spur demand in some way in the upcoming months, exports are still expected to contract by 10% year-on-year pre...
26 Sep, 2023, 03.07 PM IST
Cut and polished diamond export likely to decline 15% this fiscal: ReportCPD exports dropped by 32 per cent in this fiscal's first four months y-o-y, as per the report by CareEdge Ratings.
01 Sep, 2023, 10.01 AM IST
Diamond exports may fall up to 15% in FY24, says ICRAIndian cut and polished diamond exports are expected to decrease by 10-15% to $19-20 billion in FY24, following an 8-10% contraction in the...
01 Apr, 2023, 11.42 AM IST
Jewellery industry wants Repair Policy to make India a global outsourcing service centreVipul Shah, Chairman, GJEPC, said, “Keeping in view India’s inherent skill in making handmade jewellery, we believe that India will outperf...
12 Jan, 2023, 04.20 PM IST
Exports of cut and polished diamonds likely to fall by 10% in FY23: IcraDuring FY2022, India exported its decade-high level of CPDs worth $24.3 billion led by pent-up demand and large stimulus packages in key co...
29 Sep, 2022, 01.28 PM IST
India's diamantaires to witness a demand moderation in FY23: ICRAGiving more information, Ms. Sakshi Suneja, Assistant Vice President and Sector Head, ICRA said “India is estimated to export $23-24 billio...
22 Mar, 2022, 02.28 PM IST
Gems, jewellery exports falls 38.8 per cent in March; down 8.9 per cent in FY20The total gems and jewellery exports during 2019-20, witnessed 8.91 per cent at Rs 2,51,096.30 crore compared to Rs 2,75,671.80 crore in 20...
17 May, 2020, 04.35 PM IST
ICRA cuts diamond sector outlook to negative on coronavirusThe C&HK region, accounts for 14-15% of global demand for CPDs.
20 Feb, 2020, 02.24 PM IST
Jewellery exports dip 5.49% in October to Rs 24,583 crore: GJEPCThe exports stood at Rs 26,010.87 crore in October 2018, according to data given by the Gems and Jewellery Export Promotion Council. The de...
12 Nov, 2019, 06.59 PM IST
Outlook positive for organised jewellery retailers: India Ratings and ResearchGoing ahead the regulatory changes by the government and return of the demand may be a good sign for the jewellery segment.
03 Mar, 2017, 07.19 PM IST
Organised jewellery retailers to benefit from regulatory changes: Ind-RaAs per World Gold Council, India’s gold jewellery demand fell sharply 22% yoy to reach a seven-year low in 2016 (522MT).
03 Mar, 2017, 03.23 PM IST
India Ratings and Research maintains a stable outlook for jewellery retailersInd-Ra has maintained a stable outlook for jewellery retailers, while revising the outlook for exporters to negative for FY17 from stable i...
11 Mar, 2016, 02.56 PM IST