Anil Agarwal keen to bring Co that owns De Beers to India

After stunning the world by becoming the single largest shareholder in one of the world's best-known mining groups mining mogul Anil Agarwal, is keen to bring South Africa-based Anglo American to India for prospecting of coal, iron ore, copper and other minerals.

Agarwal recently spent USD 2.4 billion to buy close to 22 per cent in Anglo, which owns 85 per cent of De Beers, the world's leading diamond company.

"Anglo is already in India mostly because of the De Beers diamonds they sell. But I want to involve them more," said Agarwal, who is part of a business delegation accompanying South African President Cyril Ramaphosa to India.

"We would be talking to them how we can involve them more (in India). They have huge branding and technology, be it diamonds, platinum, copper, iron ore and manganese, and coal," he said. "I have no doubt that they will come at some point of time to make an investment in India."
Agarwal, 63, made it clear that was "very comfortable" with the current management of Anglo and is not seeking a say in the board. "They are doing extremely good. I support them fully," he said. "We have a good consultancy with them. We are happy for now."