New Delhi, Dec 12 || India’s gem and jewellery exports rose 19 per cent in November to $2.52 billion from $2.09 billion a year earlier, driven by gains in cut and polished diamonds, gold, silver and platinum jewellery.
The YoY improvement in November was due to a low base from November 2024, when Diwali holidays closed many manufacturing units. Exporters also attributed the growth during November to strong Christmas demand in the US and China, multiple media reports said.
However, for the April–November period, overall growth remains muted as the exports were flat at $18.86 billion in 2025 compared to $18.85 billion in 2024.
The April–November data indicated a gradual recovery shaped by seasonal demand and global market trends, reports said.
Analysts noted that Lab-grown diamond (LGD) jewellery is also seeing good traction as exports rose 10 per cent to $76 million in November but were down 11 per cent for April–November to $757 million.