The book, “Diamonds from India” states that successful attempts to process diamonds in India began in 1949 when H.B Shah and his associates founded the first modern diamond processing factory in India. He predicted the role of a Belgian Master cutter in the diamond industry decades ago when he brought him over as a technical adviser to teach Indian workers.
The Indian dominance over the diamond trade emerged from the humble beginnings of H.B. Shah. Now, India has been exporting around US$ 20 billion worth of diamonds every year.
