Tariff Watch: Is India’s gem and jewellery sector losing its sheen under US tariffs?
Update: 2025-09-23
Description
90% of the world’s natural diamonds are cut and polished by about 5000, largely family run businesses out of Surat in Gujarat, but the recent 50% US tariffs on India has led to deep anxieties about the very survival of this sector, which is part of the country’s sprawling gem and jewellery industry. Kunal Shankar, The Hindu’s Deputy Business Editor discusses the repercussions of the steep tariffs on the sector with Lalatendu Mishra who covers markets, finance and all things business for The Hindu, based out of Mumbai.
Guest: Lalatendu Mishra, Senior Deputy Editor, The Hindu
Host: Kunal Shankar
Edited by Sharmada Venkatasubramanian
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