Within the 2023-24 fiscal, India noticed a big downturn in its Gems and Jewelry Exports, experiencing a 15% decline in greenback phrases from a considerable $37.64 billion to $32.02 billion. This decline comes amidst a backdrop of geopolitical tensions in West Asia, coupled with the ripple results of inflation and tepid financial development, portray a difficult state of affairs for the trade.
Because the sector prepares for additional setbacks, it’s vital to know the explanations for this decline and discover methods to revive the trade.
The podcast additionally appears on the function of coverage initiatives in fostering a conducive surroundings for manufacturing and funding throughout the trade.
Amidst the risky gold and silver costs and the looming specter of geopolitical uncertainties, Shah affords nuanced projections for the trajectory of those commodities.
(Host: Subramani Ra Mancombu, Producer: Siddharth Mathew Cherian)
In regards to the State of the Economic system podcast
India’s economic system has been hailed as a vibrant spot amid the overall gloom that appears to have enveloped the remainder of the world. However a number of sectors proceed to stutter at the same time as others appear set to fireside on all cylinders. That will help you make sense of the bundle of contradictions that the nation is, businessline brings you podcasts with specialists starting from finance and advertising to expertise and start-ups.
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