The Zimbabwe Diamond Technology Centre signed a multi-million dollar pact with an Indian firm Sahajanand Laser Technology Limited, says a report.

As per the deal, the Zimbabwe firm will receive state-of-the-art diamond beneficiation equipment, says a report. The said equipments are expected to be in the country before the end of next month, as total solution to diamond cutting and polishing processes. The new machinery from India has the capacity to cut and polish a diamond within a minute, which is a major shift from the traditional way of more than three days to cut and polish a piece of diamond, adds a report.

The Zimbabwe Diamond Technology Centre was working with Government in an effort to create a vibrant diamond industry as local diamonds accounted for an estimated 30 per cent of rough gems in the world.