Gem, jewellery exports decline 12.9 pc to USD 1,986 million in November: GJEPC

India's gems and jewellery exports fell by 12.94% in November. This reached USD 1,986.21 million. Geopolitical issues impacted the sector. Cut and polished diamond exports dropped significantly. Lab-grown diamond exports also decreased. However, plain gold jewellery exports surged by 72.12%. This reached USD 652.81 million. The industry expects demand to rise during the holiday season.