India’s natural diamond polishing industry faces a 28-30% revenue drop to $12.50 billion in FY2025 due to 50% US tariffs reports CRISIL
India’s natural diamond polishing industry faces a 28-30% revenue drop to $12.50 billion in FY2025 due to 50% US tariffs reports CRISIL
Surat’s diamond polishers set to bear the brunt, Tirupur’s readymade garment makers.
July 2025 sees strong growth in exports, while cumulative April–July figures reflect a decline in key segments.
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