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DIAMOND AND JEWELRY EXPORTERS
Gems & jewellery exports fall 9% in April to Rs 20952 crIndian gems and jewellery exports saw a dip in April 2026. Geopolitical tensions and cautious buyer sentiment impacted trade. While cut and...- Indian exporters look to expand in Africa to dodge 50% US tariffIndian companies plan to increase production in Africa. This is to export goods to the US. It follows high tariffs imposed by the US on Ind...
- Govt considering mandatory hallmarking for gold bullionThe Indian government is considering mandatory hallmarking for gold bullion, following the successful implementation for jewelry. This aims...
- India sniffs at new opportunity to add to its already shiny diamond market credentialsThe sharp decline in LGD prices has hit several international companies hard. Notably, WD LGD, the largest LGD maker in the US, went bankru...
- Lab-grown diamond exports expected to grow by 7-9% in FY25: ReportThe Lab-grown Diamonds (LGDs) exports are set to rebound in FY25, with an expected growth of 7-9% to reach around US$1500-1530 million, as ...
- Diamond exports down about a third in December as demand declines in the USIndia’s total exports of plain gold jewellery in December 2023 stood at Rs 4,983.6 crore, up 82.17% as compared to Rs 2,735.62 crore a year...
- Israel-Hamas conflict may impact gems, jewellery trade: ExportersTotal gems and jewellery trade between India and Israel stood at USD 2.04 billion in 2022-23 as against USD 2.8 billion in 2021-22.
- Rs 5 lakh solitaire diamond available at a discount of Rs 1.5 lakh: Prices drop 35% to 2004 levelsThe prices of polished diamonds have significantly dropped, creating favorable circumstances for buyers in India and abroad. This price cor...
- Gem, jewellery industry seeks abolition of import duty on raw material for lab-grown diamonds in BudgetAbout jewellery repair policy, Shah said that countries like UAE, Hong Kong and Turkey are major competitors of India as they have a simple...
- Russia-Ukraine war takes the sheen off Gujarat's diamond industryRussian raw diamonds, usually small, make up 40% of diamond trade volume and about 30% in value, reported The Times of India. This forms pa...
- Nirav Modi's diamond swindle is hurting India’s economy in grip of slowdownIndia’s gems industry employs almost 5 million workers and contributes about 7% of the GDP.
- Diamond industry’s torrid year set to continueThe diamond midstream, the industry’s link between African mines and jewelry stores in New York, London and Hong Kong, is being squeezed li...
- Diamond industry preps for a rough, rocky 2020There has been little good news this year.
- Prices of smaller rough diamonds down 5% as India pares offtakeThere is a lot of confusion at the lower end of the market that deals with smaller diamonds.
- Gems are collateral damage as India bank fraud hurts exportsGems and jewelry exports fell 16.6 percent from a year ago to $3.4 billion in March, the second straight month of contraction that acted as...
- Ghosts of past frauds haunt Indian jewellers as banks raise alarmBankers are reviewing all diamond and jeweler-related accounts and in some cases are seeking more collateral and extra documentation.
- Consumption of diamond jewellery falls 4 per cent in one year“In the four leading markets — the US, China, India and Japan —millennials spent nearly $26 billion on diamond jewellery last year.” Gareth...
- Budget 2009-10: Real jewelry wears a fake smileYou win some, you lose some. If the budget pleased those with a yen for branded jewelry, increased import duty on gold and silver took a co...
- Geetanjali to invest Rs 3k cr in three jewellery SEZsDefying recession blues, Mumbai-based Geetanjali Gems Limited will invest Rs 3,000 crore in Gujarat in the next five years to set up three ...
- India's jewelry exports climb 32%Exports of jewelry from India, the world's largest producer, climbed 32 pc in the two months ended May.
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