ALROSA inks rough supply pact with Indian diamond traders

Day 1 of WDC India 2014 has certainly got more than expected for the Indian diamantaires as multi-million dollar contracts were signed by ALROSA.

The contract worth $2.1 billion has been signed with 12 Indian diamond traders. The contract assures the supply of roughs worth $700 million per year for the period of three years. The Indian diamond trading companies with whom the contract has been signed include: Rosy Blue, Diamond India Ltd, Hari Krishna Exports, Asian Star Group, KGK Diamonds, Jasani Group, Kiran Gems, Shri Ramkrishna Exports, Dimexon Diamonds, Venus Jewel, Karp Group and Sheetal Group.