Indian diamond polishers to witness 6-7% revenue growth in FY27 to $15.5 bn: Report

The growth will ride on increased exports to the US following the interim trade deal that eliminated the 25 per cent reciprocal tariff on Indian gems and diamonds, effectively bringing down the US tariff to zero, though the escalating Middle East conflict could prevent diamond polishers from fully benefiting from it, Crisil Ratings said.