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US tariff hikes on Indian diamonds trigger 100,000 job losses in Gujarat’s Saurashtra, raising fears over lab-grown diamond sector. | One of India's leading Digital News Agency offering Breaking News ...
With prices for rough diamonds falling from $1,000 per carat in 2022-23 to $600, and demand weakening, some factories have shifted to lab-grown diamonds, though their prices are also under pressure.
India’s glittering gems and jewellery industry is staring at one of its harshest reckonings yet. While the United States’ ...
The export of cut and polished diamonds (CPD) to the US has seen a steady drop to USD 4.81 billion in 2024-25 from USD 9.86 ...
US tariffs on diamonds, escalating from 10% to 50% since April, have led to approximately 100,000 job losses in Saurashtra's ...
Indian gems and jewellery exporters warn of potential job losses and disruption in supply chains due to the US imposing a steep 50% tariff, making their products uncompetitive.
Exporters said that competing manufacturing hubs such as Turkey, Vietnam and Thailand continue to enjoy significantly lower ...
Brough received the accolade on 1 August during a ceremony at the India International Jewellery Show (IIJS Premiere) in ...
MUMBAI: The announcement of a sweeping 50% tariff on all Indian goods by the United States is a deeply concerning development ...
Re-routing exports through low-tariff countries like Dubai, Oman, Canada or Mexico may face challenges if the rule of origin ...
The Indian gem and jewellery sector, in particular, stands to be severely impacted. The United States is our single largest ...
US President Trump's move to further hike tariff on Indian goods is set to hit India's key export sectors—gems, jewellery, ...