COMMODITY
India’s gems and jewellery exports decline 31% in October 2025: GJEPC
Nov-17-2025

Gems and Jewellery Export Promotion Council (GJEPC) in its latest report said that India's gems and jewellery exports declined by 30.57 per cent in October 2025 to $2,168.05 million (Rs 19,172.890 crore) as compared to $3,122.52 million (Rs 26,237.1 crore) in October 2024 due to demand being pushed forward before the US tariff was implemented.

Further GJEPC noted that, exports of cut and polished diamonds witnessed a decline of 26.97 per cent at $1,025.99 million (Rs 9,071.41 crore) in October 2025 compared to $1,404.85 million (Rs 11,806.45 crore) recorded in the same period of previous year. Shipments of polished lab-grown diamonds in October 2025 also dipped by 34.90 per cent to $94.37 million (Rs 834.45 crore) against $144.96 million (Rs 1,218.25 crore) in the corresponding month of the previous year.

Gold jewellery exports also dropped by 28.4 per cent to $850.15 million (Rs 7,520.34 crore) compared to $1,187.34 million (Rs 9,975.17 crore) in the same period of previous year. Similarly, exports of coloured gemstones during April-October saw a decline of 3.21 per cent to $250.14 million (in Rs 2,173.08 crore) from $258.42 million (Rs 2,163.52 crore) of shipments registered in the year-ago period. Silver jewellery exports during October 2025 dipped by 16 per cent to $121.37 million (Rs 1,072.81 crore) compared to $145.05 million (Rs 1,219.01 crore) in the same period of 2024. The decline in gold and silver exports is triggered by volatile bullion prices.

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