New Delhi, Jan 23 (TIWN) India's gem and jewellery exports during December 2021 grew 29.49 per cent to $3,040.92 million (Rs 22,914.6 crore) as compared to $2,348.44 million (Rs 16,712.46 crore) in December 2019 -- the pre-pandemic year, the Gem and Jewellery Export Promotion Council said.

“The holiday bounce has managed to offset part of the post-Diwali export slump when factories normally take a short break. Holiday and festive demand was robust in important trading centres such as the US, Hong Kong, Thailand, and Israel,” Council Chairman Colin Shah mentioned.     

“And we have every reason to believe that this momentum will carry through the end of FY 2022, bringing us closer to the set target of $41.67 billion in exports.” 

Further, exports of minimize and polished diamonds in December 2021 grew by 41 per cent to $1,770.61 million as in comparison with $1,253.79 million for a similar interval of 2019.     During April-December 2021, minimize and polished diamond exports rose by 23 per cent to $18,007.24 million as in comparison with $14,666.23 million for a similar interval in 2019.  Gold exports throughout December 2021 remained largely regular at $778 million, the Council mentioned.