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The Economic Times

Economy / The Economic Times

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Indias 8% global gems, jewellery share has room to grow

India's gems and jewellery sector currently accounts for 8% of global exports but can expand into new product categories. NITI Aayog's Pravakar Sahoo emphasized the need for greater value addition and improved global market presence. Collective efforts are essential among industry players, government, and consumers to ensure competitive growth in the sector. Enhanced transparency regarding diamonds can improve trust and boost consumer confidence in India.

30 Sep 2026 6:27 pm