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India’s gems, jewellery exports in Apr-Jan rose 7%

India’s gems, jewellery exports in Apr-Jan rose 7%
PTI
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First Published: Tue, Feb 17 2009. 11 57 AM IST
Mumbai: India’s gem and jewellery exports rose by 7.05% at Rs72,529.67 crore in the April 08-January 09 period, according to data from the Gems and Jewellery Export Promotion Council (GJEPC).
Exports of gem and jewellery stood at Rs67,754.95 crore in the April 07-Jan 08 period.
However, exports in dollar terms declined by 2.29% at $16,387.18 million as compared to $16,771.03 million in the same period last year.
The exchange rate stood at Rs 44.26 per US dollar in the April 08-January 09 period as compared to Rs 40.40 per US dollar in the April07-Jan 08 period, it said.
The cut and polished diamond exports increased by 6.43% at Rs48,775 crore in April 08-January 09 as against Rs45,827 crore in the same period last year. The export of rough diamonds also increased by a whopping 67.10% at Rs2,958 crore as compared to Rs1,770 crore.
Gold jewellery exports from domestic tariff area fell 18 per cent, a year ago to Rs 7,917 crore, while exports from special economic zones and export processing zones rose 26.60 per cent to Rs 11,059 crore.
On a combined basis, gold jewellery exports were Rs18,976 crore, up 2.88% from a year ago, while in dollar terms it fell 6.09% at $4,287-million, GJEPC said.
Apr-Jan exports of coloured gemstones rose 13.16% to Rs1,023 crore.
The net imports of rough diamonds fell by 4.63% at Rs31,805 crore in April-January 09 period as compared to Rs33,349 crore in the same period last year.
The cut and polished diamond imports, however, rose by 53.88% at Rs26,2520 crore as compared to Rs17,059 crore in the same period last year.
The import of gold bars also increased by 22.08% at Rs9,203 crore as against Rs7,538 crore in the same period last year, GJEPC said.
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First Published: Tue, Feb 17 2009. 11 57 AM IST
More Topics: Gold | Gem | Jewellery | Exports | Uncut diamonds |