India launches diamond bourse (AFP)

Posted by Yahoo! News: Stock Markets News on October 16th, 2010

Bharat Diamond Bourse new complex is seen in Mumbai. India, a leader in polished and cut diamonds globally, opens the Bharat Diamond Bourse, the world's largest of its type, on October 17. The complex has a construction area of 3 million square feet, including underground vaults, commercial offices for traders, customs department and security centers, spread across eight towers.(AFP/File/Punit Paranjpe)AFP – India, the world leader in the export of cut and polished diamonds, is taking a major step towards becoming a global trading centre for the gemstone with a newly launched diamond exchange.


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