Gem and jewellery exports declined 8 per cent last month to $2.38 billion against $2.58 billion in the same period a year ago, largely due to break in manufacturing activity during Diwali. In rupee terms, it was down 4 per cent to ₹17,785 crore against ₹18,471 crore logged in same period last year. Cut and polished diamond exports was up 11 per cent to $1.30 billion ($1.17 billion), while in rupee terms in jumped 16 per cent to ₹9,720 crore (₹8,367 crore).
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