National News
India’s Gem & Jewellery Exports Drop 11.72% in FY25 Amid Global Pressures
Studded gold and platinum jewellery buck trend with positive growth; CPD and silver exports see sharp declines
India’s gem and jewellery (G&J) exports declined by 11.72% in the financial year 2024-25, totaling USD 28.5 billion, compared to USD 32.28 billion in FY24. The industry grappled with multiple global challenges including sluggish demand in key markets like the US and China, ongoing geopolitical tensions, and rising competition from lab-grown diamonds.
Despite the overall decline, exports of studded gold jewellery rose by 14% year-on-year to USD 6.1 billion, and platinum jewellery exports also saw an uptick of 11.79% to USD 182.75 million. In contrast, exports of cut and polished diamonds (CPD), the sector’s largest component, plummeted 16.75% to USD 13.2 billion, while silver jewellery exports dropped a staggering 40.58% to USD 962 million.
The imposition of a 26% US tariff on certain goods triggered a last-minute surge in exports, with over USD 1 billion worth of shipments sent in the 10 days prior to the tariff’s implementation — a sign of underlying global demand potential.
On the import front, gross G&J imports fell 11.96% to USD 19.6 billion, down from USD 22.2 billion in the previous fiscal year. Imports of rough diamonds, a key raw material, dropped 24.27% in value to USD 10.8 billion, while the volume declined 16.2% to 1,044.34 lakh carats.
Exports of lab-grown polished diamonds were also impacted, declining by 9.64% to USD 1.2 billion.
Gold jewellery exports were relatively stable, recording only a marginal decline of 0.11% to USD 11.21 billion. Of this, plain gold jewellery contributed USD 5.1 billion.
Signs of recovery were visible from January 2025 onwards, with month-on-month growth, although still trailing behind year-on-year figures. Exports in March 2025 were USD 2.5 billion, showing a modest 1.02% growth over February, but slightly below the USD 2.55 billion recorded in March 2024.
Industry players remain cautiously optimistic, citing stabilizing diamond prices and improving market sentiment as early indicators of a turnaround, despite ongoing global uncertainty.
National News
The Pearl Edit: Thoughtful Mother’s Day Gifting By GIVA
From Elegant Pearl Pendants To Timeless Diamond Accents, GIVA’s Curated Mother’s Day Collection Celebrates The Enduring Grace, Warmth, and Love Of Every Mother With Jewellery Designed To Be Cherished Forever.
For generations, pearls have defined timeless elegance, an evergreen classic that transcends trends and seasons. Effortlessly refined, they carry a quiet sophistication that has remained relevant across eras.
Neither fleeting nor ornamental, pearls embody a kind of understated luxury, graceful, enduring, and always in style.
This Mother’s Day, GIVA celebrates the woman who has always been your constant, the one who showed up quietly, loved loudly, and made everything feel possible. She doesn’t ask for much, which is exactly why she deserves something truly special.
In that spirit, pearls make for a deeply meaningful Mother’s Day gift. Timeless yet modern, they carry a warmth that feels personal, moving effortlessly from everyday moments to cherished milestones. A thoughtful way to say everything words sometimes can’t.
Here are some pearl pieces that make for perfect Mother’s Day gifts.
Golden Stay With Me Pendant With Link Chain
For the mother who has always led with love.
A radiant pearl drop pendant set in gold-plated 925 silver, designed with an elegant lattice motif that blends timeless romance with modern craftsmanship. From the Barkha Singh x GIVA Glow in Motion collection, this piece celebrates intricate CNC artistry while offering a refined statement for everyday elegance.
Gold Pearl Centred Diamond Earrings
Elegant and timeless, these 18K BIS-hallmarked gold earrings feature a delicate circular motif with a luminous pearl at the centre, accented by sparkling lab-grown diamonds below. Designed for everyday luxury, they blend classic sophistication with modern brilliance, making them a graceful statement for any occasion.
Gold Pearl of Fortune Lab Grown Diamond Pendant
A luminous 14K solid gold pendant crafted with a delicate clover of SGL/IGL certified lab-grown diamonds, centred with a softly glowing pearl. BIS-Hallmarked and built to wear every day without ever losing its radiance, it is quietly charmed and effortlessly elegant. A beautiful piece from the Heer by GIVA pearl jewellery collection, made for the woman who carries her own kind of luck.
A graceful pearl necklace crafted in 925 silver with gold plating, featuring a modern arrangement of freshwater pearls that feels effortlessly timeless. Gentle on sensitive skin and adjustable to 41.5 cm + 5.5 cm, it sits beautifully whether layered or worn alone. A refined piece from GIVA’s Pearl Collection, designed to complement every woman with quiet, classic elegance.
Golden Shailene Pearl Necklace
A stunning freshwater pearl and zircon necklace crafted in 925 silver with gold plating, where soft luminance meets brilliant sparkle in a design that feels like a gift in itself. Gentle on sensitive skin and finished with two delicate charms, it drapes beautifully at 40 cm — most radiant when paired with an elegant dress. A timeless piece from GIVA’s Pearl Collection, thoughtfully made for the woman who deserves to feel truly special.
Gift her something as timeless as she is.
The Pearl Edit: Thoughtful Mother’s Day Gifting By GIVA
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