Jewellery exports down, likely to fall more in FY18
Jewellery export from India is likely to fall by 12-15 per cent in the near term. Demand from the European Union (EU), West Asia and Hong Kong, among other places constituting 55 per cent of the market, continues to be tepid. Industry officials say it would take 18 to 24 months for export to see growth. According to data from the Gems and Jewellery Export Promotion Council (GJEPC), export during April-November (first eight months of this financial year) fell 8.2 per cent to Rs 1.45 trillion ($22.6 billion)... Читать дальше...