India’s C&P diamond export increases by 11% in September

India’s cut and polished (C&P) diamond exports in September 2009, reached US$ 1762 million, increasing by 11 percent from US$ 1589 million in the same month last year. September 2008 was the time when the economic slug began hitting the global market; the cut and polished diamond markets seem to have progressed since then. The exports of gold jewellery however, took a beating in September this year. There was a 17 percent fall in the gold jewellery exports from India, amounting to US $660 million, as compared to US $792 million in the same month last year, reports say.

The country’s exports of coloured gemstones increased by 26 percent to US $33 million, while in the same month last year it amounted to US $41 million.

India’s total exports in September 2009 was worth US $2566 million increasing by 2.26 percent from US $2509 million in September 2008.