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VIDEO: India plans new trading hub for rough diamonds

Kerry Hall | April 21, 2013 | 3:58 am Asia Diamond 

India is the world’s biggest diamond processor and 80% of rough gemstone production is sent to the country for cutting and polishing.

With a strategy to create more jobs and boost exports, India intends to create a new trading hub for rough diamonds in direct competition with Dubai and Belgium.

Reuters reports in the video below.

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