MUMBAI: India’s gemstone attention will wish to supplement some flicker to ties between New Delhi and Moscow this week by persuading Russia to massively boost a exports of diamonds approach to a tellurian heart of slicing and polishing.
Vladimir Putin’s two-day revisit to a Indian collateral from Wednesday is approaching to see landmark deals clinched on healthy gas and chief power.
But a Russian boss is also due to attend a initial World Diamond Conference, starting Thursday, that aims to lift Mumbai’s standing as a vital solid trade centre.
Russia is a world’s tip writer of severe diamonds and a infancy of them pass by India, where a inexpensive workforce cuts and polishes a gemstones before many are exported again for use in jewellery.