This paper basically revolves around measuring the export performance of INDIA’S Gems and Jewellery Industry since 1991.This paper will cover up a period of 28 years for India’s Gems and Jewellery Exports and its eight sub-categories (cut and polished diamonds, gold jewellery exports, coloured gemstones, pearls, synthetic stones, non- gold jewellery, costume jewellery and rough diamonds). In this paper, I will calculate the Compound Annual Growth Rate for all the eight sub categories of India’s Gems and Jewellery Exports and will try to find out the factors responsible for the improvement of India’s Gems and Jewellery Exports.

KEYWORDS: Gems and Jewellery, Compound Annual Growth Rate, Export Performance.