De Beers, a member of the Anglo American group, today said it has invested USD 5 million in expansion of its diamond grading and testing centre at Surat in Gujarat.
The FDI norms have been relaxed for minimum built-up area and capitalisation. The minimum built-up area has been more than havled to 20,000 square metres. Currently 50,000 sq metres built-up area was a must for FDI, say sources.