Speaking on the annual World Jewellery Confederation Congress in Jaipur, Goyal highlighted the importance of the industry to India’s economic system, with its contribution to annual merchandise exports and employment of almost 5 million folks. The ongoing pressure between Israel and Palestine is not expected to have a significant impact on the gem and jewelry trade’s exports, according to the Gem Jewellery Export Promotion Council of India. While India has seen substantial exports to Israel, the trade is not heavily reliant on the nation for its commerce.
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