Gem, Jewellery Exports Dip 5.79% in January Amid Global Headwinds: GJEPC

• India's gem and jewellery exports declined by 5.79% year-on-year in January to USD 2,238.54 million.
• The dip is attributed to global trade headwinds and tariff pressures, especially a 45% contraction in shipments to the US.
• Overall exports for April 2025-January 2026 remained stable with a marginal 0.64% decline.
• India diversified markets, with exports to UAE, Hong Kong, Australia, and France showing robust growth.
• A new India-US trade deal framework with revised tariffs is expected to boost exports by up to USD 3 billion.