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Reuters
Published
Apr 19, 2010
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Gem & jewellery exports rise 16 percent in FY10

By
Reuters
Published
Apr 19, 2010

MUMBAI (Reuters) - India's gem and jewellery exports rose 16 percent in 2009/10 compared to the same period a year ago, driven by increased sales of cut and polished diamonds.



Exports rose to $28,414.64 million in FY10 from $24,495.58 million in FY09, the Gem and Jewellery Export Promotion Council said in a release.

Cut and polished diamond exports rose 20 percent to $17,542.29 million whereas gold jewllery exports increased 9 percent to $9,424.33 million.

Gem and jewellery exports contribute 13 percent to India's total merchandise exports.

(Reporting by Nandita Bose; Editing by Sunil Nair)

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