India's gems, jewellery exports jump 20% to USD 2.5 bn in November: GJEPC

• India's gems and jewellery exports grew 19.64% to USD 2.5 billion in November, up from USD 2.1 billion last year.
• Overall gems and jewellery exports for April-November remained flat at USD 18.86 billion.
• Cut & Polished diamond exports rose to USD 919.74 million, and Polished Lab Grown Diamonds saw a 10.55% increase in November.
• Studded gold jewellery shipments surged to USD 828.89 million due to job work demand, while silver jewellery exports increased to USD 197.97 million.
• Demand is strengthening in markets like Hong Kong, China, and the Middle East, compensating for slower performance in the US.

Why It Matters: It indicates India's economic health and strong global jewellery demand.