A man works on a gold and diamond ornament inside a jewellery workshop in Kolkata. File picture
| Photo Credit: Reuters
Gems and jewellery exports in the 2025/26 fiscal year dipped 3.3% from a year earlier to their lowest level in five years, as shipments to the top buyer, the U.S., nearly halved, a leading trade body said on Wednesday (April 15, 2026), reflecting the impact of tariffs and duties.
Gem and jewellery exports in the year to the end of March fell to $27.72 billion, the lowest since 2020/21, when pandemic-led lockdowns disrupted trade, and down from $28.7 billion in the previous year, the Gem and Jewellery Export Promotion Council (GJEPC) said in a statement.
Published – April 15, 2026 09:25 pm IST
Source: https://www.thehindu.com/business/Industry/gems-and-jewellery-exports-fall-to-five-year-low-on-us-tariffs/article70866170.ece
