Sri Lanka, Aug. 18 -- The Ministry of Industry and Entrepreneurship Development has taken a series of measures to protect and develop the gem and jewellery industry in the last 9 months and despite the country receiving only USD 360 million from gem exports last year, steps have been taken to increase this to USD 1 billion this year.

Sunil Handunnetti, Minister of Industry and Entrepreneurship Development made this observation at the inauguration of the Gem City Ratnapura - 2025 International Gem and Jewellery Exhibition held at Pelmadulla Ratnapura during August 15, 16 and 17.

The minister said during the first six months they managed to earn USD 123 million from gem exports alone which is a 27% increase year on year. He however said t...