Monday, 14th March 2005 (4055 views)

Indian exports of gold jewellery have risen in the last nine months, according to new figures released by the Gem and Jewellery Export Promotion Council (GJEPC).

In its latest statistical analysis the GJEPC says that exports of diamonds, gemstones and gold jewellery all surged in the first three quarters of the fiscal year.

According to reports on IDEX, gold jewellery exports rose by a massive 53 per cent, reaching $2.93 billion between April 2004 and January 2005.

Taken together with a rise in diamond exports of 28 per cent in dollar terms and a 12 per cent rise in the coloured gemstones sector, the figures underline the sustained success of the Indian precious metals sector.

Total exports for diamonds, gold jewellery and coloured gemstones combined rose by 29 per cent to $12.1 billion in the same period.

 

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