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De BEERS, RIO TINTO TO SET UP PROCESSING UNITS IN BANGALORE (diamonds processed at plants in Whitefield to be used for both jewellery and industrial purposes).

Asia Africa Intelligence Wire

| January 27, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From India Business Insight)

De Beers and Rio Tinto are planning to set up diamond processing facilities at Bangalore at Whitefield with an investment of about Rs5 crore.

The plant is likely to be established by Mar 2003 or Apr 2003. The move is likely to prove significant for the Ministry of Mines …

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