Business Standard

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

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.

Don't miss the most important news and views of the day. Get them on our Telegram channel

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

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to