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Lockdown impact: Gems, jewellery exports dip 82% in Apr-May to Rs 4,328 cr

Similarly, gold jewellery exports during the last two months declined 92 per cent to Rs 634.38 crore from Rs 7,927.47 crore in April-May 2019

gold, silver, jewellery, gems, ornaments
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Shipments of coloured gemstones also dipped 92.90 per cent to Rs 28.98 crore from Rs 408.45 crore in April-May 2019

Press Trust of India New Delhi
The overall gems and jewellery exports during April-May declined 82.31 per cent to Rs 4,328.54 crore following lockdown in various parts of the world to curb the spread of Covid-19, the Gem and Jewellery Export Promotion Council (GJEPC) said on Tuesday.

The total exports during April-May 2019 stood at Rs 24,468.11 crore, GJEPC said in a statement.

"Exports were mainly affected due to the lockdown globally. We are seeing demand picking up in China, Europe and Australia," GJEPC Vice Chairman Colin Shah said.

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First Published: Jun 16 2020 | 8:43 PM IST

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