December 15, 2025
Overall exports for April to November stayed flat at $18.86 billion
Cut and polished diamond exports climbed sharply to $919.74 million in November
Studded gold jewellery and silver jewellery recorded strong growth on rising job work demand and improved supply
Gold jewellery exports remained flat due to volatile prices
India’s gems and jewellery exports increased 19.64% to $2.5 billion in November compared with the same month last year, according to data released by the Gem and Jewellery Export Promotion Council. Exports in November last year stood at $2.1 billion.
Despite a strong monthly performance, overall exports of gems and jewellery remained flat at $18.86 billion for April to November, marginally higher than $18.85 billion in the same period last year.
Exports of cut and polished diamonds rose sharply, with gross shipments reaching $919.74 million in November, up from $666.34 million a year earlier. Provisional gross exports of polished lab-grown diamonds also increased by 10.55% to $76.09 million from $68.83 million in November last year.
Gold jewellery exports were largely unchanged at $1.21 billion in November compared with $1.23 billion a year earlier, as volatile gold prices weighed on shipments. In contrast, exports of studded gold jewellery surged to $828.89 million from $555.39 million, supported by strong demand for job work.
Silver jewellery exports saw a significant jump to $197.97 million from $63.99 million in November last year. GJEPC chairman Kirit Bhansali said export markets were showing signs of stabilisation, with demand picking up in regions such as Hong Kong, China and the Middle East. He noted that while demand from the US remained subdued, stronger performance in other markets contributed to overall growth. He also said silver exports had recovered after earlier disruptions caused by bullion shortages, with shipments rising as supply chains normalised.
Source: Economic Times