The appreciation of the Indian rupee measured against the dollar is posing a danger for India’s gem and jewellery exports. According to a research analysis on the 'Gems and Jewelry Patterns' in India, for every 12 diamonds set in a piece, 11 are processed in India. Considering the importance of India’s exports in jewellery and diamond stones, The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has seeked government advise to help curb the appreciation.
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