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India may source diamonds from Angola

India is willing to explore the possibility of sourcing rough diamonds from Angola and encouraging Indian entrepreneurs to set up cutting and polishing units in the African nation.  Today in Sify Finance 

This was indicated by Minister for Commerce and Industry Kamal Nath when his Angolan counterpart Abrabao Pio Dos Santos Gourgel met him here recently.

Nath conveyed India's interest in participating in other sectors like phosphate, manganese, copper and zinc. He drew the attention of Angolan government to ONGC Videsh's willingness to invest over $ one billion in a refinery project at Lobito.

Read the rest of the story at http://sify.com/finance/fullstory.php?id=13927145

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