India’s gems and jewellery exports plunged 17% in dollar terms in 2012

According to the data released by the Gems and Jewellery Export Promotion Council (GJEPC), India’s exports of gems and jewellery (G&J) in 2012 witnessed a plunge of 17.09 percent in dollar terms and 4.65 percent in rupee terms. With the GJEPC statistics revealing that there was an overall fall of $38.3 billion (Rs 2.05 lakh crore) in India’s G&J exports in 2012, vis-a-vis a year back figures of $46.2 billion, the decline in exports is apparently an upshot of a stagnated demand in the markets of West Asia and Europe. read more

According to the data released by the Gems and Jewellery Export Promotion Council (GJEPC), India’s exports of gems and jewellery (G&J) in 2012 witnessed a plunge of 17.09 percent in dollar terms and 4.65 percent in rupee terms. With the GJEPC statistics revealing that there was an overall fall of $38.3 billion (Rs 2.05 lakh crore) in India’s G&J exports in 2012, vis-a-vis a year back figures of $46.2 billion, the decline in exports is apparently an upshot of a stagnated demand in the markets of West Asia and Europe. read more

[via Stock Watch – Stock Specific News]

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