Author: Paul Ploumis24 Jul 2014 Last updated at 08:14:11 GMT
NEW DELHI (Scrap Monster): The silver jewellery exports from India surged by 25.06% year-on-year to touch $134.52 Million (Rs. 803.50 crores) during the month of June this year while its gold jewellery exports too soared by 24.96% year-on-year to $664 Million (Rs 3966.07 crores), in accordance with the latest data released by the Gems and Jewellery Export Promotion Council (GJEPC).
According to GJEPC, country's cut and polished diamond exports in June this year reached $1,469.00 Million, marginally higher by 1.6% over the previous year. The country’s export of Coloured Gemstones declined by 9.32% from $28.90 Million in June 2013 to $25.62 Million in June 2014. The exports of Pearls too tumbled to $0.10 Million from $0.20 Million a year ago. However, the exports of Synthetic stones witnessed sharp rise from $0.07 Million in June ‘13 to $6.21million in May ‘14.
India's Gold Medallions & Coins export dropped 8% during the month of June this year. The June ’14 exports totaled $234.38 Million as against the exports of $261.39 Million during the same month a year ago. The exports of Rough diamonds during the month remained more or less flat at $111.05 Million.
The figures released by the country’s Export Promotion Council indicate robust growth in exports of Gold and Silver Jewellery, whereas a sharp decline in exports of Gemstones, Pearls, Gold Medallions and Coins during the month of June this year.