India’s Jewellery Exports Surge in FY24

India's jewellery exports, particularly in plain gold, saw a remarkable increase during the 2023-24 financial year, growing by 61.72% to reach ,792.24 million. This surge is attributed to the India-UAE Comprehensive Economic Partnership Agreement and other trade initiatives. Despite facing economic and geopolitical challenges, the sector remains vital, contributing about 7% to India's GDP and employing millions. With ongoing governmental and GJEPC efforts, further growth in this sector is expected.

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