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India’s rough diamond imports in the April-May 2016 amounted to 27.5 million carats of diamonds worth just over US$3.4 million, marking an increase in terms of carats and in dollar value from imports of 22.3 million carats of diamonds worth nearly US$2.7 million in the April-May 2015, according to the latest statistics released by India’s Gem & Jewellery Export Promotion Council (GJEPC).
The country’s rough diamond exports, at 4.5 million carats worth US$213.14 million in April-May 2016, were down compared to the country’s rough exports in the preceding year in carat terms and monetary terms.
India’s cut and polished diamond imports increased to US$472 million in April-May 2016 from US$440 million a year earlier. Polished diamond exports, at 5,586,000 carats of diamonds worth US$3,753.91 in the April-May 2016 period, saw an increase in both terms of carats and value from the same two months of 2015.