New Delhi, May 18 -- India's gems and jewellery exports declined 9.07 per cent to USD 2,226.45 million (Rs 20,825.01 crore) in April 2026 from USD 2,448.53 million (Rs 20,952.26 crore) in April 2025, weighed down by disruptions from the West Asia conflict and persisting uncertainty over US import tariffs, according to data released by the Gem and Jewellery Export Promotion Council (GJEPC).

Speaking to PTI, GJEPC Chairman Kirit Bhansali said, "Decline in exports is mainly due to the ongoing conflict in West Asia, which has caused worldwide disruptions affecting exports. Besides geopolitical tensions, exports to the US, a major export market for the gems and jewellery industry, were also affected because there is still no clarity on the ta...