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Gems and jewelery exports to grow by about 55 per cent to $39.15 billion in 2021-22 – GJEPC

Gems and Jewelery export: Gems and jewelery exports have picked up pace in 2021-22 and have grown by nearly 55 per cent to $39.15 billion as compared to the previous fiscal. The Gems and Jewelery Export Promotion Council (GJEPC) said in a statement that the gross export of gems and jewelery stood at $ 25.40 billion in 2020-21.

Gross exports of gems and jewelery in March grew by 4.33 per cent to $3.39329 billion, down 0.46 per cent from $3.40907 billion in the same period last fiscal. Gems and Jewelery Export Promotion Council (GJEPC) has given this information through a tweet.

GJEPC President Colin Shah said, “India’s exports to global markets grew by 54 per cent.” The promise of contribution has been fulfilled.” Let us tell you that in the last month i.e. March, the Prime Minister Narendra Modi Giving information about this, India had expressed happiness that India has met its export target of $ 400 billion ahead of time.

GJEPC President Colin Shah said that the share of polished and polished diamonds in the total export of gems and jewelery is 62 percent or $24.23657 billion. Demand has increased in America, United Arab Emirates, Belgium and Israel.

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