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Three more companies ready to cut diamonds in the Far East
Three or four more companies intend to cut diamonds in the Far East. Now the Indian organization KGK is working in this direction in Primorye. In 2017, she opened the first diamond cutting factory in the territory of the Free Port of Vladivostok.
According to Deputy Prime Minister and Presidential Plenipotentiary Envoy to the Far Eastern Federal District, Yuri Trutnev, the country is trying to create conditions for the diversification of cuts. In the meantime, 95% of the global diamond market is held in India, writes RIA News".
Earlier, Indian company M.Suresh announced its intention launch a diamond project in Primorye. The start of production with a phased increase in volume is planned in the next year and a half. The planned investment volume will be 4,7 million US dollars.