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Imports of cut and polished diamonds declines by 14.44% in Apr-Nov 2017

27 Feb 2018 Evaluate

The imports of cut and polished diamonds declined by 14.44% and stood at $1,527.43 million during the April to November period last year as against $1,785.17 million during the April to November period in 2016.

As per data compiled by the Gem and Jewellery Export Promotion Council (GJEPC), the return consignments stood almost the same at $4,945 million for the period under review, compared with $4,978 million in the year-ago period.

The imports of rough diamonds have increased by 11.11% and stood at $15.53 billion during the April-January period of the current fiscal. As per data compiled by GJEPC, the imports had aggregated to $13.97 billion in the 10-month period of last fiscal, 2016-17.