Diamond trade feels tariff pinch: Indian exports might face 20–25% slump; margin hit may spread to miners, retailers, says Crisil analysis

The US market, which accounts for 35 per cent of Indian natural polished diamond exports in fiscal 2025, is expected to face additional challenges following recent US tariffs and penalties, according to Crisil Ratings.A slowdown in natural diamond demand has already been observed in the […]