New Delhi . The Gems and Jewelery Export Promotion Council (GJEPC) has announced a growth of 9.18 percent in India's gems and jewelery exports in the month of October. As a result of this increase, the export amount has increased to 2,998.04 million US dollars i.e. Rs 25,194.41 crore. GJEPC said such growth in exports has been witnessed due to improvement in demand for cut and polished diamonds. Exports of CPD (cut and polished diamonds) have also increased by 11.32 percent to US $ 1,403.59 million (Rs 11,795.83 crore) in the month of October, which is higher than last year's record. A GJEPC official considered this growth a welcome one for the industry and hoped that the trend would continue. He has also expressed optimism on Donald Trump becoming the US President and has expressed confidence in his promises. He said the support for revival in trade, business and supply chains under Trump's leadership will boost global demand for gems and jewellery. With this success, the Indian gems and jewelery industry has decided to take steps to expand into new regions.
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