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India's Gem & Jewellery Exports Grew 2.48% In FY 2022-23 to Rs. 300462.52 crores

Gold Jewellery exports grew 11.13% to Rs. 75635.72 crores


Plain Gold Jewellery exports grew 17.22% to Rs. 33177.86 crores


Studded Gold jewellery grew 6.79% to Rs. 42457.87 crores


Cut & Polished diamond exports declined 2.97% to Rs. 176696.95 crores


Polished Lab Grown Diamond export grew 37.31% to Rs. 13466.42 crores


Silver Jewellery exports grew 16.02% to Rs. 23492.71 crores


Coloured Gemstones grew 45.44% to Rs. 3373.43 crores


comparative figure of Rs. 20248.09 crores (US$ 2714.14 million) for the previous year.

For the period of April 2022 – March 2023, provisional gross export of Platinum Jewellery at Rs. 237.73 crores (US$ 29.74 million) grew 10.01% (2.49% in terms of US dollars) over the comparative figure of US$ 29.01 million (Rs. 216.09 crores) for previous year.


For the period of April 2022 – March 2023, provisional gross export of Coloured Gemstones at Rs. 3373.43 crores (US$ 419.63 million) grew 45.44% (34.83% in terms of US dollars) over the comparative figure of Rs. 2319.41 crores (US$ 311.21 million) for previous year.


Export Performance in March 2023:

In the month of March 2023, the overall gross exports of Gems & Jewellery at Rs. 21501.96 crores (US$ 2612.65 million), declined 23.75% (declined 29.39% in terms of US dollars) compared to the same period in the previous year, which amounted to Rs. 28198.36 crores (US$ 3699.90 million).


The overall gross export of Cut & Polished diamonds in the month of MAR 2023 at Rs. 13207.10 crores (US$ 1604.67 million), declined 27.68% (declined 33.05% in terms of US dollars) compared to the same period in the previous year, which was Rs. 18263.16 crores (US$ 2396.96 million).


In the month of March 2023, the total gross export of Gold Jewellery at Rs. 5769.24 crores (US$ 701.26 million), grew 4.24% (declined 3.44% in terms of US dollars) compared to the same period in the previous year, which was Rs. 5534.53 crores (US$ 726.27 million).

The total gross export of Plain Gold Jewellery in the month of March 2023 at Rs. 2760.02 crores (US$ 335.56 million), indicated a growth of 27.27% (or 17.86% in terms of US dollars) compared to the same period in the previous year, which was Rs. 2168.70 crores (US$ 284.70 million).


In the month of March 2023, the total gross export of Studded Gold Jewellery at Rs. 3009.22 crores (US$ 365.70 million), declined 10.60% (declined 17.18% in terms of US dollars) compared to the same period in the previous year, which was Rs. 3365.83 crores (US$ 441.57 million).




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