20 Sep 2018
DiamondWorld Directory
Home |
Alrosa keen on setting up JV in India
Will ship roughs to India to be cut and polished in the country
By: Diamond World News Service
Feb 14 2008 12:00AM
Reference: 856  


At the India-Russia trade and investment forum recently held, Alrosa showed interest in employing India’s diamond and cutting talents for its roughs. Possibilities are afloat that Alrosa would ship its roughs to India, and entrust a JV in the country to undertake the cutting and polishing, reported Interfax news agency.

Alrosa will invite Indian companies that are willing to enter into a long-term supply agreement to participate in a rough diamond tender. At the forum, India’s union minister of commerce and industry, Kamal Nath, and Russia’s minister of economic development and trade, Elvira S. Nabiullina, signed a protocol, which defines the terms for an overall bilateral investment and trade cooperation, according to an official release.

The forum progressed with four parallel sessions on various sectors which called for mutual cooperation like mines and minerals, energy and power, transport and infrastructure, pharmaceuticals, biotechnology and information technology. G.K.Pillai, department of commerce secretary, co-chaired a session on business environment.

During the year 2007, India’s rough diamond imports rose by 14% year-on-year to $9.58 billion, while its polished diamond exports were up by 22%.

Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
HouseAd_Trade Fair
Search News by City
Kosher 23460
HouseAd_Trade Fair
Recent Issue
Kosher 23460
News in Pictures
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
Spotted: Who Wore What (August 2018)
Pictures: 4
Spotted: Who Wore What (July 2018)
Pictures: 5
Spotted: Who Wore What (19th to 30th June 2018)
Pictures: 11
JCK Las Vegas 2018
Pictures: 42
Carat+ 2018
Pictures: 20
Talk of Town - Trillion Cut Diamonds
Pictures: 18
#Cannes2018 Celebs Spotted; Who Wore What? (14th to 20th May)
Pictures: 12
Celebs Spotted: Who Wore What? (7th to 13th May)
Pictures: 13
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 11658
GJEPC Chairman Interview
Views: 10819
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 17336
Promo for IJ Awards 2012 at NDTV Profit
Views: 28842
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 31838
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 8952
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 30304
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 28997
New Diamond Era - 300x250
IJ Design Awards
Member of:
Supporter of: