<ul><li>India's overall gems and jewellery exports declined by 11.72% to $28.5 billion in 2024-25, compared to the previous financial year.</li><li>The decline is attributed to the continuous dip in demand in China and the US, India's key export markets, due to ongoing geopolitical tensions.</li><li>Exports of cut and polished diamonds decreased by 16.75% to $13,292.0 million (Rs 1.12 lakh crore) in 2024-25 compared to the previous year.</li><li>Other categories such as polished lab-grown diamonds, gold jewellery, silver jewellery, platinum jewellery, and coloured gemstones also saw declines in exports.</li></ul>

India's Gems And Jewellery Exports Drop 11.72% In 2024-25 Amid Geopolitical Tensions

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