Article: India: Vaibhav Diamonds plans unit in Adityapur.

Byline: pinto03

A Mumbai-based diamond cutting company and gems exporter, Vaibhav Diamonds, has received the approval of the Adityapur Industrial Area Development Authority (AIADA) to establish its polishing plant in Adityapur industrial area. The proposed diamond polishing unit would take up about 1,000 sq. ft. and entail investment of about Rs 23 crore (US$12 Million).

The AIADA's plot clearance committee and land allotment committee cleared the proposals received from 104 ...

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