In April, the export of Indian jewelry and diamonds increased significantly

Recent statistics reveal a strong performance in India's jewelry exports, with total exports reaching $2.564 billion in April—marking a remarkable 95.41% increase compared to $1.312 billion recorded during the same period in 2009. This surge highlights the growing global demand for Indian-made jewelry and its increasing competitiveness in international markets. In addition to general jewelry exports, the export of polished diamonds also saw significant growth. Specifically, the export value of diamond products rose by 115.62% year-on-year, reaching $1.942 billion this month. This upward trend is driven by rising demand from key markets such as the United States, the European Union, and the Middle East. Gold jewelry exports also showed a positive trend, climbing from $333 million in April 2023 to $402 million in April 2024—a 20.46% increase. This reflects improved production efficiency and increased consumer interest in gold-based accessories. Meanwhile, the export of colored gemstones grew slightly to $11.51 million, up from $10.54 million in the same period last year, representing a 9.2% rise. Overall, these figures indicate a robust recovery in India’s jewelry sector, supported by favorable policies, improved manufacturing capabilities, and expanding trade relations across the globe.