According to the Gem and Jewellery Export Promotion Council, the gems and jewellery exports have shown signs of recovery and has registered at USD 1764.06 Million in August 2020, as compared to USD 36 Million in April 2020. The recovery is due to growth in demand for diamonds and jewellery in international markets like US, China, Europe etc. which have opened for trade. However, as compared with a year on year comparison, gross exports at USD 1764.06 Million in August 2020 is showing decline of 41.55 percent, as compared to gross exports of USD 3018.32 in August 2019.