×
292
Fashion Jobs
FABINDIA OVERSEAS PVT. LTD.
Retail Planner
Permanent · NEW DELHI
SELECTIVE GLOBAL SEARCH PVT. LTD.
Business Development
Permanent · NEW DELHI
AJIO - RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · KARIMNAGAR
AJIO - RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · MIRYALAGUDA
AJIO - RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · KOTHAGUDEM
AJIO - RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · NAGARKURNOOL
LIFESTYLE BRANDS
Area Sales Manager Bangalore
Permanent · BENGALURU
HIRING STUDIO
Chief Financial Officer
Permanent · HOSAPETE
RJ CUBE STAFFING SOLUTIONS
Storekeeper
Permanent · DELHI
ORIENT CRAFT LTD.
Production Incharge
Permanent · NEW DELHI
GETNATTY DESIGNTECH PVT. LTD
Business Development & Sales Specialist
Permanent · MUMBAI
CONSULT IN INDIA
Area Sales Manager- (South & West Region)
Permanent · Kota
ADECCO INDIA PRIVATE LIMITED
e Commerce Executive :Garments Company:Kolkata
Permanent · Kolkata
NCDI PLACEMENT CONSULTANCY
Sales Coordinator (Male) For Leading Retail Store
Permanent · Lucknow
2COMS CONSULTING PVT LTD.
Area Sales Manager Knitwear/ Innerwear
Permanent · Mumbai
SEARCHLIGHT HR SERVICES PVT. LTD
Sales Manager- Fragrances
Permanent · Chennai
KEYSTONE CONSULTING PVT LTD
Business Development - Textile Company
Permanent · Coimbatore
JOB SEARCH
General Manager - Mumbai & Delhi Exp in Textile Testing Industry Only
Permanent · National Capital Region
JOB SEARCH
sr. Executive - Accounts & Finance - Vile Parle
Permanent · Mumbai
CAREER CROSSWAYS
Export Marketing Manager
Permanent · Ahmedabad
TEJASWI SERVICES PVT LTD
Business Development Executive
Permanent · Mumbai
FABRIC AID INDIA PVT LTD
Accounts Manager
Permanent · National Capital Region

India’s gem and jewellery exports decline in April to November 2018 period

Published
today Jan 8, 2019
Reading time
access_time 2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

India’s gem and jewellery exports declined by 6.77 percent from April to November 2018 compared to the same time period the year before due to a decrease in demand in India’s main markets.

India’s gem and jewellery exports decreased from April to November, 2018, compared to the same time the year before


From April to November 2018, during the current 2019 financial year, India saw its gem and jewellery exports fall by 6.77 percent to $20.74 billion (Rs 1.4 lakh crore), according to the Press Trust of India. According to data from the Gems and Jewellery Export Promotion Council (GJEPC), exports during the same time period the year before (FY18) stood at $22.24 billion. As gem and jewellery exports account for around 14 percent of India’s total exports, the decline will be felt across the economy.

One reason for the decrease in exports of gems and jewellery is due to a decrease in exports of silver jewellery as well as gold medallions and coins. There was also a rise in consignments. Silver jewellery exports decreased by 82.6 percent to $503 million over the same time period and gold medallion and coin exports decreased by 84.7 percent. Rough diamonds, too, saw exports drop by 13.4 percent but cut and polished diamond exports rose by six percent. 

India’s main jewellery importers are Europe, China, the US, and Japan with the US importing around a quarter of India’s jewellery exports. Dips in the economies of those countries also slowed down India’s exports. China, India’s greatest competitor in the sector, is also only increasing its competition. Over the same time period, India’s gem and jewellery imports also fell by 12.41 percent to $17.7 billion and rough diamond imports fell by 13.27 percent.

 

Copyright © 2019 FashionNetwork.com All rights reserved.