SummaryIndia exported $992.03 mn worth of gold jewellery in March, up 6.09 percent on the year.
Gold jewellery exports from India, the world's second-biggest consumer of the metal, fell 39.63 percent to $7.86 billion in the year to March 2014, an industry body said on Tuesday.
India exported $992.03 million worth of gold jewellery in March, up 6.09 per cent on the year, the Gems and Jewellery Export Promotion Council (GJEPC) said.
India, which is fighting to reduce its current account deficit (CAD), has brought in measures to restrict imports of gold, its second-biggest import item by value after oil.
The measures include a rule that 20 per cent of all gold shipped in must be re-exported as jewellery, making it difficult for domestic jewellers and even exporters to get supplies despite high premiums.
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