INDIA'S POLISHED DIAMOND EXPORTS HIT TWO-DECADE LOW

India's exports of cut and polished diamonds plummeted to their lowest level in nearly two decades in the 2024/25 fiscal year, which ended in March, on sluggish demand from the United States and China.

India is the world's largest cutting and polishing hub, handling nine out of every 10 diamonds processed globally. But it is sensitive to economic uncertainty - particularly in the U.S., its biggest market.

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