Report on Deployment of bank credit to G and J sector- April 2022

The Gem & Jewellery Export Promotion Council |Published in Apr’22 Deployment of bank credit February, 2022  Bank credit deployed as on Feb’22  Monthly movement in deployment of bank credit  Monthly export performance of the G&J sector  Export performance vs Bank credit deployed

Source : Reserve Bank of India Credit deployed to the all industries Credit deployed to the G&J Sector* The Gem & Jewellery Export Promotion Council |Published in Apr’22 Bank credit deployed as on February - 2022

• Deployment of credit pertains to the entire G&J sector not limited to SEZ, export or domestic markets. 2,915 2,945 3,135 2,800 2,850 2,900 2,950 3,000 3,050 3,100 3,150 3,200 Feb-20 Feb-21 Feb-22 INR Crores in '000 67.3 73.7 77.9 62.0 64.0 66.0 68.0 70.0 72.0 74.0 76.0 78.0 80.0 Feb-20 Feb-21 Feb-22 INR Crores in '000 1.0% 6.5% 9.4% 5.8% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0% Feb-21 Feb-22 Change in credit to G&J Sector (Y-O-Y) Change in credit to Industry (Y-O-Y)

Feb-21 Feb-22 INR Crores in '000 1.0% 6.5% 9.4% 5.8% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0% Feb-21 Feb-22 Change in credit to G&J Sector (Y-O-Y) Change in credit to Industry (Y-O-Y)

Monthly o/s credit to all industries Monthly o/s credit to the G&J Sector The Gem & Jewellery Export Promotion Council |Published in Apr’22 Source : Reserve Bank of India Monthly movement in deployment of bank credit 2,896 2,896 2,884 2,867 2,825 2,820 2,830 2,855 2,865 2,985 3,047 3,135 2,800 2,850 2,900 2,950 3,000 3,050 3,100 3,150 3,200 Jan-21 Apr-21 Jul-21 Oct-21 Feb-22 May-22 INR Crores in '000 63.0 59.3 58.0 60.2 61.4 61.7 69.6 70.2 70.1 67.9 74.3 77.9

10.0 20.0 30.0 40.0 50.0 60.0 70.0 80.0 90.0 Jan-21 Apr-21 Jul-21 Oct-21 Feb-22 May-22 INR Crores '000 0.0% -0.4% -0.6% -1.5% -0.2% 0.4% 0.9% 0.4% 4.2% 2.1% 2.9% -5.8% -2.2% 3.7% 2.1% 0.5% 12.8% 0.8% 0.0% -3.2% 9.4% 4.9% -10.0% -5.0% 0.0% 5.0% 10.0% 15.0% Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Change in credit to Industry Change in credit to G&J Sector

0.8% 0.0% -3.2% 9.4% 4.9% -10.0% -5.0% 0.0% 5.0% 10.0% 15.0% Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Change in credit to Industry Change in credit to G&J Sector

Source : GJEPC Analysis, Press Information Bureau – Govt. of India The Gem & Jewellery Export Promotion Council |Published in Apr’22 Export performance of the G&J sector 9.38 9.52 8.73 2.97 2.75 5.80 8.01 2.64 9.28 10.21 9.59 3.11

2.00 4.00 6.00 8.00 10.00 12.00 Q1 - April to June Q2 - July to September Q3 - October to December February USD Billion FY 2020 FY 2021 FY 2022 Based on preliminary data released by MoC&I on 4th April 2022, the G&J exports for FY 2022 is USD 38.94 billion which is about 9.3% of the total merchandise exports of USD 417.81 billion.

The Gem & Jewellery Export Promotion Council |Published in Apr’22 Source : GJEPC Analysis, Press Information Bureau – Govt. of India Export performance vs Bank credit deployed 43.20 41.01 39.76 35.46 25.29 38.94 10.65 11.17 10.37 7.89 8.57 10.35

5.00 10.00 15.00 20.00 25.00 30.00 35.00 40.00 45.00 50.00 Mar'17 Mar'18 Mar'19 Mar'20 Mar'21 Mar'22* USD Billion Industry export turnover Gross bank credit 25% 27% 26% 22% 34% 27%

• USD 38.94 billion is based on the preliminary data released by the MoC&I for FY 2022, whereas the bank credit deployed of USD 10.35 billion is the actual credit deployment to the entire G&J sector as on 28th February 2022.

d on the preliminary data released by the MoC&I for FY 2022, whereas the bank credit deployed of USD 10.35 billion is the actual credit deployment to the entire G&J sector as on 28th February 2022.

The Gem & Jewellery Export Promotion Council |Published in Apr’22 For any information contact: Mr. Sudhir Patil Assistant Manager – Trade Policy & Projects Tel : +91 22 2654 4600 Fax : +91 22 2652 4764 ho@gjepcindia.com | www.gjepc.org Disclaimer This report is prepared by The Gems and Jewellery Export Promotion Council (GJEPC) for general guidance and information purposes only and should not be reproduced or disseminated to others without the permission of The Gems and Jewellery Export Promotion Council. Though, every effort is done to confirm the accuracy and completeness of the data contained, the GJEPC takes no responsibility and assumes no liability for any error/ omission or accuracy of the report. Readers of the report should seek professional advice or arrive at their own judgement and conclusion before making any decision based on this report.