Export/Import of Gems/Jewellery

The details of Gems and Jewellery exported/imported during the last three years and the current year as well as country-wise is at Annexure.

With a view to promote the Gems and Jewellery Sector, Government has taken a number of steps such as providing financial assistance for participation in international fairs, organizing buyer-seller meets etc. under Market Development Assistance (MDA) and Market Access Initiative (MAI) Schemes of the Department of Commerce.  Government has also announced a number of measures in the Foreign Trade Policy (FTP) 2009-14 to promote export of Gems and Jewellery such as permission to import diamonds on consignment basis for certification/grading & re-export by specified agencies, increasing the limit of personal carriage of Gems & Jewellery products in case of participation in overseas exhibitions and in case of export promotion tours etc.

ANNEXURE

Annexure referred to in reply to Part (a) of Lok Sabha Unstarred Question No.3350 due for answer on 1.8.2014.

Total exports and imports of gem and jewellery items for the last three years and current year is as under:-

(in USD Million)

Exports and imports of gem and jewellery items to/from five major countries for the last three years and the current year is as under:-

Source:  DGCI&S

The information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha today.