Retail in Asia

In Sectors

India gem and jewellery exports shine 16pc on US demand

Signalling increased momentum in India’s export market, a major export item – gems and jewellery – that accounts for 13 percent of the country’s export basket, increased 16 percent in 2009-10 to USD28.4 billion against USD24.4 billion in the previous year, according to figures released by the Gem & Jewellery Export Promotion Council.