India’s gems and jewellery exports have faced a significant decline in the financial year 2024–25. According to data released by the Gem & Jewellery Export Promotion Council (GJEPC), the total exports dropped by 11.72%, amounting to USD 28.5 billion (₹2.41 lakh crore), compared to USD 32.2 billion (₹2.67 lakh crore) in FY24. Global Demand Weakens …