HomeNewsIndiaBlood diamonds: Fear of violence stalls mining operations in MP

Blood diamonds: Fear of violence stalls mining operations in MP

Firms have been unable to operationalise the Buxwaha mine due to tensions whipped up over issues like human displacement, environmental damage, loss of livelihood, and more.

December 24, 2022 / 18:11 IST
Story continues below Advertisement
With a potential haul of about 34 million carats of rough diamonds valued at a whopping Rs 55,000 crore, the Bunder diamond block could be among Asia’s largest mines. (Photo: Elia Pellegrini via Unsplash)
With a potential haul of about 34 million carats of rough diamonds valued at a whopping Rs 55,000 crore, the Bunder diamond block could be among Asia’s largest mines. (Photo: Elia Pellegrini via Unsplash)

Essel Mining and Industries Limited (EMIL), a subsidiary of the Aditya Birla group, has been unable to operationalise a big diamond project in Madhya Pradesh. The Aditya Birla group has a presence in over 36 countries and revenues worth $46 billion.

The mine is inside a forest in Buxwaha, located 200 kms from Sanchi, a sleepy town synonymous with stupas — hemispherical structures containing relics of the Buddha.

Story continues below Advertisement

With a potential haul of about 34 million carats of rough diamonds valued at a whopping Rs 55,000 crore, the Bunder diamond block could be among Asia’s largest mines. It has the potential to make India among the world’s top ten rough diamond producers.

In India, Andhra Pradesh (AP), Chhattisgarh, and Madhya Pradesh (MP) are the three states that produce diamonds. Among them, MP accounts for about 90 percent of the country’s diamond resources.