the whole world will wait for Indian diamonds, since this country has significant potential, especially in view of the absence of large new deposits and the growth of demand for diamonds, Rapaport reported citing The Times of India.
"The world needs more diamonds. Now, there are no large diamond deposits open, and the mines in Madhya Pradesh are known for their high diamond content, "Walsh said, urging the rapid issuance of permits to develop a diamond project in the central region of the country.
In conversation with reporters at the Australian B-20 summit, Walsh expressed his enthusiasm and hope for the new government of Modi, which, in his opinion, should allow further development of the project after a long wait for the necessary approvals. "We remain patient, and we have far-reaching goals."
According to Rio Tinto, the group is already conducting a diamond business in India, and thousands of workers are employed at the diamond cutting plant, which is among the twenty largest international companies operating in India.