India May Exports Slip 2.49 Percent as Lab Grown Polished Jumps 26 Percent
India's gem and jewellery exports declined 2.49 percent year on year in May 2026, weighed down by gold prices, while polished lab-grown diamond exports jumped 25.99 percent to 101.50 million dollars. The April-May cumulative finished at 4.27 billion dollars. GJEPC formally raised duty-free gold supply concerns to the Indian government.