Surge In Gold Jewellery Export

Gold jewellery exports rose sharply to $745.35 million in 1996-97, from $569.16 million in the previous year, due to a keen demand for Indian jewellery in the international market. Non-gold jewellery, mainly silver, also attracted good buying. However, export of gems and jewellery, remained subdued because of the fall in the export of cut and polished diamonds and coloured gem stones, the Gems and Jewellery Export Promotion Council said here.