The second half of the current fiscal (FY21) will witness good demand for gems and jewellery in India's major export markets of the US, Europe and the Gulf , said Colin Shah, chairman, Gem & Jewellery Export Promotion Council (GJEPC).
He was speaking on Day 1 of the IIJS Virtual 2020 Show. Shah, however, added that while the decline in gems and jewellery exports was being arrested with each passing month, normalisation of exports was incumbent upon a successful vaccine against the pandemic.
For eg, decline in gem and jewellery exports in September was 27% against 41% in the previous month.
On the IIJS Virtual , he said the exhibition was proving an attractive draw with 350 exhibitors and 7000 visitors.
He was speaking on Day 1 of the IIJS Virtual 2020 Show. Shah, however, added that while the decline in gems and jewellery exports was being arrested with each passing month, normalisation of exports was incumbent upon a successful vaccine against the pandemic.
For eg, decline in gem and jewellery exports in September was 27% against 41% in the previous month.
On the IIJS Virtual , he said the exhibition was proving an attractive draw with 350 exhibitors and 7000 visitors.
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