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Multi Commodity Exchange of India Ltd (MCX) on Thursday said it has signed a memorandum of understanding (MoU) with Singapore Diamond Investment Exchange (SDiX) for establishing areas of cooperation.
“The MoU was signed at a ceremony in Mumbai on Thursday by Mrugank Paranjape, MD & CEO of MCX and Linus Koh, CEO of SDiX,” a company statement said. India is the largest global hub for the cutting and polishing of diamonds and has several thousand small medium and large enterprises that are involved in the business.
Moreover, through this partnership, the exchanges have agreed to work towards the goal of
