India’s overall jewellery exports registered a 2.44% increase, even as diamond shipments declined, according to a report published by BusinessWorld. The data points to divergent trends across the country’s gems and jewellery export segments.

The performance comes amid continued pressure on the diamond trade, with weaker shipments weighing on the broader export outlook. India remains a major global centre for diamond cutting and polishing, making diamond exports a key component of the sector’s international trade.

The rise in overall jewellery exports indicates that non-diamond categories are contributing to export performance, helping offset part of the decline in diamond shipments.

For manufacturers and exporters, the movement highlights the changing composition of India’s jewellery export basket, as businesses navigate demand conditions across international markets.

The diamond segment has faced a challenging operating environment, with manufacturers and exporters managing inventory, pricing and overseas demand. The latest export movement comes against this backdrop.

The 2.44% increase in overall jewellery exports provides a relatively positive signal for the wider sector, although the decline in diamond shipments remains an area of concern for India’s established diamond manufacturing base.

The contrasting performance also underlines the importance of category diversification for Indian exporters, particularly as demand conditions vary between diamonds and other jewellery segments.

For the trade, upcoming export data will be closely watched to determine whether the growth in overall jewellery shipments can be sustained and whether diamond exports show signs of recovery.

The figures therefore present a mixed picture for India’s gems and jewellery industry, with overall exports recording growth while the diamond segment continues to face pressure.