National News
India’s polished diamond exports continue to slide in June
India’s gross monthly polished diamond exports declined by 23% year-on-year in June, amounting to $779 million, according to the latest data released by the Gems and Jewellery Export Promotion Council (GJEPC).
While the drop continues the downward trajectory seen over the past two years, the June decline was less severe than May, when exports fell by 35.5%, from $1.47 billion in May 2024 to $950 million—one of the steepest falls in recent memory.
India’s polished diamond exports have faced sustained pressure since 2022, with weakened consumer sentiment in major markets like the United States and China driving demand down. For the fiscal year 2024–25, exports declined 16.8% to $13.3 billion, marking the sector’s lowest performance in nearly two decades.
The latest data also highlights a 5% decline in rough diamond imports for the April–June quarter, signaling a cautious buying approach amid global market uncertainty.
While the overall gems and jewellery sector also experienced a downturn, it fared slightly better than diamonds alone, registering a 14.1% year-on-year decline in revenue.
Erode, 16th September 2025: Jos Alukkas, a trusted name in quality, innovation, and trendy jewellery in India, has inaugurated its Signature Jewellery Show at their showroom on RKV Road in the city. The exhibition will be open to public from 13th September till 5th October.
Sharing his thoughts on the exhibition, Paul J Alukkas, Managing Director, Jos Alukkas Group said, “this showcase is a celebration of exquisite craftsmanship and timeless beauty. We are excited to present a range of artistic creations never seen before by our patrons here. We are also offering customisation services, enabling customers to create tailored jewellery pieces that reflect their personal style. At Jos Alukkas, we take pride in blending tradition with innovation — and this curated display of handcrafted jewels truly embodies that spirit. We warmly invite the people of Erode to experience the Jos Alukkas difference.”
Signature Jewellery Show at Erode is more than just an exhibition – it is an artistic tribute featuring world-class hand-crafted gold jewellery.
Customers can enjoy exclusive offers, including up to 30% off on wastage charges, with every purchase. Old gold can also be exchanged for new, certified BIS HUID-hallmarked pieces. Special discounts are available for the old gold exchange scheme, as well.
With its unmatched blend of quality, innovation, and trust, Jos Alukkas continues to raise the bar in fine jewellery retail. Head to the Jos Alukkas store to experience Signature Jewellery Show where every jewel speaks loudly about artistry and elegance.
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