Gem & Jewellery Export Promotion Council

The China lockdown and Beijing’s zero-Covid policy have started to impact India’s exports of cut and polished diamonds, which fell for the first time this fiscal year in July. Exports of these stones fell 13.45% from a year earlier to…

India, which cuts or polishes about 90% of the diamonds sold in the world, is ramping up sales of laboratory-made gems as demand from the US surges and they become more accepted in other markets. Exports of polished lab-grown diamonds…

Kolkata: Apparel and diamond exporters are facing a slowdown in demand from the US and China respectively. The lockdown in China has impacted exports of loose diamonds from India. On the other hand, demand for apparel from the US has…