India’s gems, jewellery exports down 9.07% in April at $2,226.45 million
India's gems and jewellery exports fell by 9.07% in April 2026 to $2,226.45 million compared to the same month last year. The decline is attributed to ongoing conflicts in West Asia and uncertainty over US tariffs. While most segments saw reduced exports, studded gold jewellery and silver jewellery registered significant growth.
- ▪Gems and jewellery exports dropped to $2,226.45 million in April 2026 from $2,448.53 million in April 2025.
- ▪Exports of cut and polished diamonds declined by 19.65% year-on-year in April 2026.
- ▪Gold jewellery exports fell by 21.77%, with plain gold jewellery down 47.06%, while studded gold jewellery rose 16.02%.
- ▪Silver jewellery exports surged by 444% to $268.38 million in April 2026 compared to the previous year.
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India's gems and jewellery exports declined by 9.07% at $2,226.45 million (₹20,825.01 crore) in April following the West Asia conflict, the Gem & Jewellery Export Promotion Council said.The total exports were $2,448.53 million (₹20,952.26 crore) in the same month in 2025, as per the data by the industry apex body GJEPC."Decline in exports is mainly due to the ongoing conflict in West Asia, which has caused worldwide disruptions affecting exports. Besides geopolitical tensions, exports to the US, a major export market for the gems and jewellery industry, were also affected because there is still no clarity on the tariffs," GJEPC Chairman Kirit Bhansali told PTI.Meanwhile, data from the GJEPC revealed that the overall export of cut and polished diamonds declined 19.65% in April at $890.91…
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