India's gems and jewellery trade slumps in October amid global weakness, high tariffs: GJEPC

New Delhi [India], November 15(ANI): India's gems and jewellery trade witnessed a sharp contraction in October 2025, as exports and imports declined across major segments due to subdued global demand, high interest rates, supply chain disruptions, and the impact of steep US tariffs, as per the data released by the Gems and Jewellery Export Promotion Council (GJEPC).

The GJEPC data shows that overall gross exports