Indian diamond polishers are likely to clock 6-7% year-on-year revenue growth in 2026-27, to $15.0-15.5 billion, following a reduction in US tariffs and steady domestic demand, a report said on Friday. Reduction in US tariff amid steady domestic demand will help Indian diamond polishers log a 6-7% y-o-y growth in revenue in FY27 to $15.0-15.5 billion, Crisil Ratings said in a report. The growth will ride on increased exports to the US following the interim trade deal that eliminated the 25% reciprocal tariff on Indian gems and diamonds, effectively bringing down the US tariff to zero, though the escalating Middle…
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