As Russian President Vladimir Putin arrives here on Wednesday on a two-day visit to lift sagging Indo-Russian relations, on the table also is to declare India’s commercial capital Mumbai an international diamond hub. This could catapult their bilateral trade in diamonds from a paltry $611 million to a whopping $5 billion, seniorgovernment sources associated with the visit told dna.
Even as Russian President’s address to a joint session of Parliament on Thursday was cancelled citing “his tight schedule and pressing engagements,” he will supervise signing of 15 bilateral agreements on varied issues in n Hyderabad House on Wednesday.