Jewellery units lose sheen on weak Rupee
Financial Express Bengaluru|December 28, 2024
The demand in East Asia, however, has been tepid.

With the stimulus that China is about to unveil, demand from the neighboring country is expected to grow strongly as it is low on inventory. An easing of geopolitical risks with the hopes of a resolution to the Russia-Ukraine conflict are what Indian gems and jewellery exporters pin hopes on.

Gross exports of cut and polished diamonds in November 2024 amounted to $666 million – a decline of 39.8% in comparison to the year-ago month. "In response to this, many diamond companies are cutting down production and there are still several factories that haven't been operating at full capacity since Diwali," Shah said.

この蚘事は Financial Express Bengaluru の December 28, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Financial Express Bengaluru の December 28, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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