April-Sept gems, jewellery exports fall 11.7%

Exports of gems and jewellery from India in April to September fell 11.7% on year to $19.90 billion as slower economic growth in the developed countries hit demand, Gems and Jewellery Export Promotion Council said on Friday.

Gems and jewellery constitute 17% of India's total exports, and employs 1.5 million workers.