India's gem, jewellery exports fall 30.57% in Oct amid global woes
India's gems and jewellery exports fell 30.57% in October 2025 as global demand weakened amid high interest rates, US tariffs, and supply chain disruptions. Major segments, cut and polished diamonds, lab-grown diamonds and gold jewellery, saw sharp declines. Imports also dropped. Industry leaders cite weaker US, Europe and China demand, currency pressures as key drivers.