Festive sparkle lifts exports: Gem and jewellery shipments jump 15.98% to $2.18 bn in July, Hong Kong rebound aids growth

India’s gem and jewellery exports surged by 15.98% in July, reaching $2,178.24 million, fueled by strong order bookings at the IIJS Premiere and a rebounding Hong Kong market. Cut and polished diamond shipments rose significantly, alongside increases in lab-grown diamond and gold jewellery exports. The industry anticipates further growth with upcoming events like SAJEX 2025 in Saudi Arabia.