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India around Rs. 3 lakh Cr worth of gems and jewellery exports in financial year 21-22

Nearly 3 lakh crore rupees worth of gems and jewellery have been exported from India in the financial year 21-22.  Gems and jewellery sector is a focus area for export promotion.

There has been a nearly 9 fold rise in exports over the last two decades. Gold and diamond trade contributes about 7 percent to the GDP and employs over 50 lakh people. India ranks first in the export of diamond and silver jewellery.

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