With markets in the US and Europe having opened for business, gem and jewellery exports are in a better shape.
Capacity utilisation at manufacturing units in the Sitapura Exports Promotion Industrial Park and the special economic zone are now closer to pre-Covid levels. But the is worried that if the 25,000 workers in the 200 odd units are not vaccinated, uninterrupted production could take a hit.
Even as the domestic demand is yet to pick up significantly due to lockdowns in various states, the exports are growing. The government had allowed the units to operate even during the lockdown given the nature of their business where failure to export on time could result in the units paying a heavy price.