As per the data released by the Gems and Jewellery Export Promotion Council (GJEPC), the apex body for the Gems & Jewellery Industry in India, the overall gross exports of Gems & Jewellery in January 2025 stood at USD 2237.14 million (Rs. 19302.280 crores), showing a decline of 7.01% compared to USD 2405.78 million (Rs. 19995.66 crores) for the same period last year. This is due to the economic uncertainty looming in the market on the back of tariff threats by Donald Trump right after his arrival in the power again
