Article: Russian Alrosa in talks with India cos to sell rough diamonds.

Russian Alrosa in talks with India cos to sell rough diamonds

New Delhi, October 09, 2009 (PTI) - Leading Russian diamond firm Alrosa is talking to Indian companies for long-term contracts to supply the precious stone as India seeks preferential allocation of rough diamonds to companies like MMTC and Diamond India Ltd.

Alrosa, which commands about 25 per cent of the global rough diamond production estimated to be valued at around USD 12.4 billion, has already signed long-term contracts with seven Indian companies through their offices in Belgium.

"The company (Alrosa) is already ...

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