Jewellery exports up 55% in Nov

“We have got good orders for the festive season from Western markets like the US and the EU,” Gems and Jewellery Export Promotion Council (GJEPC) Chairman Basant Mehta said.

However, in April-November 2009, exports fell 1.02 per cent to US$17.62 billion compared to the same period last fiscal, according to GJEPC data. Segments like coloured gemstones and gold jewellery fell 20 per cent and 2 per cent, respectively. However, cut and polished diamonds registered healthy growth of 122 per cent.