The business of exports of cut and polished diamonds is likely to be affected with US President’s trade policies. A negative outlook is also likely to affect India’s Diamond cutting and polishing business. It is also likely to disrupt the business of jewelers and karigars (artists) employed in the business.

On Monday, Ratings agency Care Edge published an industry outlook stating how exports of Diamonds, especially cut and polished ones, are likely to witness low margins. The report finds that the industry operating on wafer-thin and single-digit margins is staring at losses. The estimated loss is 17-20 percent or nearly $2.2 billion as per the report. The total value of CPD exports for FY26 has been forecast at $11 billion.

Industry data provisioned by India’s Gems & Jewellery Export Pr

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