The Gem and Jewellery Export Promotion Council attributes the decline to produce disruptions and a voluntary halt in tough diamond imports because of geopolitical issues. GJEPC Chairman Vipul Shah anticipates additional enchancment, citing heightened pageant demand and expects FY24 exports to surpass the earlier monetary 12 months. The drop in consumption of plain gold jewellery has impacted the manufacturers of plain gold jewelry from Tamil Nadu, Kolkata and Delhi. Muthu Venkatraman stated that the orders for plain gold jewelry have trickled down post the surge in gold costs.
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- It is adorned with 18,567 diamonds, 2,984 rubies, 615 emeralds, and 439 uncut diamonds, all ethically sourced and certified by the International Gemological Institute.
- In fashionable times, earrings are nonetheless considered culturally taboo for males in China—in