The crisis in India’s gems and jewelery industry is steadily increasing

October 11, 2019 - Rutvi Rao

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The crisis in India’s gems and jewelery industry is steadily increasing. Due to the lack of proper SEZ policy in India as well as many problems of customs still prevailing in the US-China trade war fails to raise the Indian gems and jewelery industry, the exports of gems and jewelery declined by 6.4 percent in the April-September period of the current fiscal year. According to the gems  & Jewelery Export Promotion Council data, the export of jewelery during April-September 1 last year was $ 1.8 billion. However, exports of gems & Jewelery remained weak during the month of September.

Rutvi Rao

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