Andhra Pradesh's Golconda fort will play host to an international event on diamonds. Diamond Trading Company (DTC), a De Beers Group company, will be organising this event at the historical monument in March 2007 for the first time in India. | |
| Golconda fort, which is about 11 km from Hyderabad, was once famous for diamond trade. Besides, the world-famous 'Kohinoor' diamond is said to have its origins here. |
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| "Because of the history that the Golconda fort shares with diamonds, we have decided to organise an international event on diamonds here," Cherie Tandon Saldanha, managing director-India, DTC, told mediapersons in Hyderabad. |
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| Called 'Celebrating Diamonds-Myths and Magic', the event is being organised to promote the consumption of diamonds internationally. Auctioning of diamonds will also take place at the event. Last time, a similar event was organised in Venice. |
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| According to Saldanha, the jewellery market in India is around Rs 68,000 crore of which diamond jewellery comprises around Rs 8,000 crore. |
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