India's jewellery exports up 13pc
Ann/ The Statesman
Notwithstanding the complaints made by exporters from different sectors of the economy about the dampening effect of rupee appreciation, the country's gems and jewellery exports have registered a 12.89 per cent and 21.58 per cent growth in the rupee and dollar terms respectively in the first quarter ended 30 June.According to figures released by the Gems and Jewellery Export Promotion Council (GJEPC) here, the provisional net exports of gems and jewellery stood at Rs 18,398.55 crore in April-June this year as compared to Rs 16,298 crore in the corresponding period last year. The gems and jewellery exports escaped the impact of rupee appreciation because a of slew of factors. Exports in dollar terms improved from $3,623.12 million to $4,405.08 million in the quarter ended June 2007.
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