In the rough: India’s Gem and Jewellery industry loses shine, pins hope on budget – ET Retail

Representative image It has not been an easy time for the gems and jewellery sector in the backdrop of geopolitical uncertainties, rising interest rates and demand slump in major consumer markets playing spoilsport. The overall gems and jewellery exports fell 8.14 per cent year-on-year in December to Rs 18,281.49 crore ($2,195.23 million), as per data…

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