Gem, jewellery exports rise 3.14% to $2.30 bn in August despite weak demand

India's gem and jewellery exports grew in August, with studded gold jewellery exports surging significantly. Cut and polished diamond exports saw volume increases, though realisations remained a pressure point. Plain gold jewellery exports declined sharply due to higher gold prices and input costs. Other value-added categories like platinum and lab-grown diamonds also recorded strong growth. This trend highlights a shift towards finished and value-added jewellery in India's export profile.