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India’s plain gold jewellery exports to UAE doubles to $4.5bln: Report

From zawya.com

India’s export of plain gold jewellery to the UAE more than doubled in financial year (FY) 2024, Economic Times, an Indian financial daily, reported. The UAE emerged as a major market, with exports rising 107.2% to $4.52 billion in FY 2024, compared to $2.18 billion in the previous year, the newspaper reported, citing figures issued by the Gem & Jewellery Export Promotion Council (GJEPC). The implementation of India-UAE Comprehensive Economic Partnership Agreement (CEPA) couldn't have come at a better time, especially when the industry faced various challenges with economic downturns in major export markets, the ... (full story)

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  • Category: Fundamental Analysis