The Indian gold jewelry exports plunged by over 18 percent year-on-year to $526.76 million in April 2015 while the country’s silver jewelry exports continued to remain strong, rising by nearly 12 percent year-on-year to $120.88 million.
The Indian gold jewelry exports plunged by over 38% year-on-year to $665.74 million (Rs. 4,157.57 Crore) in March 2015 while the country’s silver jewelry exports more than tripled year-on-year to $ 340.05 million (Rs. 2,123.62 Crore).
The Gems and Jewelry Export Promotion Council (GJEPC) has released the details of imports of raw materials for gems and jewellery for the month of March this year. According to data, the gold bar imports by the country during the month witnessed a huge decline of over 51% over the previous year.
The silver jewelry exports from India surged by 84.80% year-on-year to touch $234.82 million (Rs. 1,430.08 crores) during the month of August this year, while its gold jewelry exports too rose by 10.44% year-on-year to $634.46 million (Rs 3,863.85 crores), in accordance with the latest data released by the Gems and Jewelry Export Promotion Council (GJEPC).