Gems, jewellery exports dip 2.49% to USD 2,047.80 million in May: Trade body

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India's gems and jewellery exports saw a dip in May. High gold prices and supply issues impacted overall shipments. Gold jewellery exports declined significantly. However, studded gold jewellery exports showed growth. Cut and polished diamonds, lab-grown diamonds, and silver jewellery exports performed well. The industry is addressing challenges with the government.