<h1>India's Gems and Jewellery Exports Jump 71% in 2021, Boosting Economy and Employment.</h1> Exports of gems and jewellery from India surged by 71% during April-December 2021, reaching $28.9 billion, compared to $16.9 billion in the same period in 2020. This growth positions the sector as the second-largest commodity share in India's export basket, contributing 9.6% of total exports. The industry, which employs over 50 lakh workers, contributes about 7% to India's GDP. The government has implemented measures to promote the sector, including reducing gold import duties and supporting marketing hubs. Key export destinations include the USA, Hong Kong, and UAE, with India aiming to become a leading diamond trading hub.