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Budget 2024: Indian Jewellery Industry Calls for Import Duty Reduction on Precious Metals

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Budget 2024: Indian Jewellery Industry Calls for Import Duty Reduction on Precious Metals

Jewellery goes beyond aesthetics; it reflects your values, personality and character

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Jewellery goes beyond aesthetics; it reflects your values, personality and character

The Indian Gems and Jewellery sector contributes 7 per cent of the countrys GDP. The ongoing global pandemic has affected almost every business, and the gemstones market is no different. From April to June last year, there was a drastic decline of 70 per cent in the exports market, but with the economy reopening in the United States, Europe and China, revival and recovery seem a lot more plausible than before

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How gemstones became new hotspot for investment?