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Really impressive profiles in terms of diversity. Do you think that raise of average GMAT score is only Ross phenomena? I have applied with 680, awa 5.0, so have some worries about this.
Honestly, I believe that the GMAT is slowly declining in its importance in the application process. Among all the things required - the essays, the recs, the interview, ECs, etc - the GMAT is definitely, IMHO, the least important. If you are over the threshold (not the school average), you are fine. Of course, for Indians the 'threshold' is a little (OK, a lot) higher. But then again, if you have great essays with some great stories, even an Indian male can make it into a top program with a sub-700.
Disclaimer: Applicant view.