indian diamonds

US tariff shock: Gujarat’s diamond hubs suffer as export orders dry; 1 lakh jobs gone

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The US tariff hike on diamonds has led to nearly 100,000 job losses in Gujarat’s Saurashtra region, impacting small units in Bhavnagar, Amreli, and Junagadh. ...

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

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Indian natural polished diamond exports face challenges as the US market, a major consumer, slows down and imposes tariffs. A 10% tariff in April 2025 ...