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Gold Jewellery Exports from India Double in Sep.


Date: 22-10-2010
Subject: Gold Jewellery Exports from India Double in Sep
MUMBAI : Indian exports of gems and jewellery has registered a staggering 56.09% growth for the month of September, 2010, up from Rs.12,605 crore to Rs.18,708 crore, the Gems and Jewellery Export Promotion Council (GJEPC) noted today.

According to the provisional statistics of the overall exports of gems and jewellery for the period of September 2010 as compared to the same period last year was recorded at USD 4,061.87 million (Rs 18,708.crores) in month of September 2010 is showing a growth of 56.09% (48.42% in rupees term) as compared to USD 2,602.26 million (Rs. 12,605.36 crores) of same period previous year.

The overall export of cut and polished diamonds at of USD 2,398.57 million (Rs 11,047.82 crores) in month of September 2010 is showing a growth of 36.41% (29.71% in rupees term) as compared to USD 1,758.37 million (Rs 8,517.56 crores) for the same period of previous year.

The provisional export of gold jewellery for the period September 2010 was recorded at USD 1,508.29 million (rupees 6,947.20 crores) showing a growth of 113.48% (103 percent rupees term) over the comparative figure of US$ 706.51 million (rupees 3,422.34 crores) for September 2009.

The export of coloured gemstones at US$ 29.98 million (in rupees 138.09 crores) shows a decline of 25.12 percent (28.8 percent in rupees term) during September 2010 as compared to US$ 40.04 million (rupees 193.96 crores) in September 2009.

Source : commodityonline.com

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