India's gems and jewellery exports jumped 27% year-on-year in June, reaching $2.21 billion (₹21,011 crore), marking a decisive reversal of the sector's previous downward trend.
The robust growth was driven by a revival in global demand, the benefits of new free trade agreements, and improved clarity regarding US duty structures, according to data reported by Hindu Businessline.
The June figures align with broader trends in global trade, where China's exports also accelerated sharply in June, rising 27% year-on-year to mark the fastest pace of growth since 2021.
The surge in export volumes suggests that the sector is regaining momentum after a period of steady decline.
The combination of favorable trade policies and stabilized tariff regimes in key markets like the United States has provided exporters with the visibility needed to ramp up shipments.
This development is particularly significant for the Indian jewellery industry, which relies heavily on international markets for its revenue.
The June figures align with broader trends in global trade, where China's exports also accelerated sharply in June, rising 27% year-on-year to mark the fastest pace of growth since 2021.