India’s Gem & Jewellery Exports Hold Firm at Dollar 9.17 Billion Amid Global Headwinds

Mumbai, Aug 13: India’s gem and jewellery exports reached $9.17 billion during April–July, demonstrating the sector’s resilience despite global economic uncertainty, cautious consumer spending and volatility in precious metal and gemstone prices.

Indian exporters continue to benefit from the country’s strong manufacturing base, skilled craftsmanship and established presence in international markets. Businesses are adapting to changing consumer preferences by focusing on lightweight jewellery, contemporary designs, value-added products and customised collections.

The industry is also exploring new markets while strengthening relationships with established global buyers. Greater attention to technology, quality, responsible sourcing and supply-chain transparency is helping Indian companies remain competitive in an evolving global marketplace.

The latest export performance offers an encouraging signal for the sector, which remains an important contributor to India’s manufacturing, exports and employment. Going forward, innovation, market diversification and customer-focused product development are expected to remain central to sustaining growth.