Page 4 - Gems & Jewellery Export

Only consumer goods may see green shoots amid coronavirus pandemic

The Covid-19 impact on various sectors of the Indian economy would depend on the longevity of the outbreak and the lockdown. Except for essentials in the consumer goods, most sectors would be impacted

March Gem & Jewellery exports halve as Covid-19 delivers a body blow

The lockdown is the latest in a string of adverse events to have hit the industry

As coronavirus scare spreads, gem and jewellery exports may lose sheen

The gems & jewellery industry has estimated an additional loss of 5 per cent in its exports in the immediate term

Jewellery business stares at prolonged slowdown, exports down by 9.17%

Cut and polished diamond exports fell 5.67 per cent in January 2020 to $1.65 billion. In the first 10 months of this fiscal year, it was down 16.8 per cent to $16.32 billion.

Jewellery exports dip 5.4% in Oct over trade war, Hong Kong protests

The exports stood at Rs 26,010.87 crore in October 2018, according to data given by the Gems and Jewellery Export Promotion Council (GJEPC)

Jewellery exporters seek Rs 6,000-cr tech upgrade fund for working capital

PNB scam, IL&FS default have dried up working capital loans for thousands of MSMEs, which are now struggling to stay afloat

Gems & jewellery industry in turmoil as exports fall sharply in August

Gold jewellery exports to the US in August increased 5.58 per cent to $910.87 mn

Indian exporters fret as shipment value to troubled Hong Kong dips 6.6%

A drop in the number of people attending a key trade fair in Hong Kong later this month following advisories against travel to the city could further weaken India's exports, experts say

US-China trade war: India's gem and jewellery export gets a boost

If the tariff is actually implemented, China's gold jewellery export to US will not be viable and Indian exporters will get an opportunity to fill that gap

Soon, govt may re-introduce credit insurance scheme for jewellery exporters

Since the $2-billion Punjab National Bank scam was discovered last year, the entire gems and jewellery sector has faced a massive liquidity crunch, as banks have put it on a negative list

Fresh US tariffs on China expected to spur India's gold jewellery exports

In 2018-19, India's total exports of gold jewellery to the US was $1.9 billion which was actually 16.4% lower than the preceding year's $2.3 billion

Gems & jewellery export likely to grow by up to 5% on high US demand

This would be in line with positive growth in exports of cut and polished diamonds and gold jewellery to the US during April-October