Gems, jewellery exports to be hit
Financial Express Mumbai|October 10, 2023
THE ESCALATION OF conflict and its prolongation in West Asia could sound trouble for India's gems and jewellery exports, which are already facing headwinds, as cost involved in shipments to Israel and some of its biggest markets in the region could increase.
MUKESH JAGOTA, SACHIN KUMAR, ABHINAY KUMAR
Gems, jewellery exports to be hit

West Asia's share in India's exports of precious stones and jewellery is around 17% of the total which was $37.9 billion in the last financial year, with exports to Israel another $1.3 billion.

Gems and jewellery is the second biggest item of exports from India to Israel after petroleum products (mainly diesel).

Israel imports gems and jewellery from India and re-exports with some value addition to developed countries. Israel is also the technology provider to the sector.

Cut and polished diamonds constitute the highest exported commodity category with a trade of $1.27 billion. The second highest commodity category was worked labs grown exports at $40.65 million in 2022-23.

この記事は Financial Express Mumbai の October 10, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Mumbai の October 10, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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