Mumbai: India's gems and jewellery exports declined by 2.49 per cent year-on-year in May to USD 2,047.89 million (Rs 19,573.96 crores) following high gold prices and supply constraints, the Gem and Jewellery Export Promotion Council (GJEPC) said.
Exports were at USD 2,100.21 million (Rs 17,896.16 crores) for the same period last year, according to GJEPC data.