14 Apr 2021
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Surat Diamond Bourse – A Beacon of Hope.
As operations of Surat Diamond Bourse, a dream project, are in full swing and the finish line is almost a few months away, the industry affirms that both Surat and Mumbai together are poised to make India the top diamond manufacturing country in the world says Sugandha R
By: Diamond World News Service
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Dec 21 2020 1:54PM
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Reference: 25274  

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Buyers will be able to examine how diamonds are cut, polished and how manufacturing activities are conducted – it will enhance transparency in the system. The trust of major foreign buyers can be retained. Lifestyle of employees will improve. Surat is home to one of the best hospitals in the country - Kiran Hospital. It has all the amenities. As time passes, the city will become the hub for everything to do with diamonds – from import of roughs, to finished products, marketing and exports, all will be conducted smoothly from SDB. Vipul Sutariya, Dharmanandan Diamonds Pvt LtdSurat is the cradle of India’s Diamond trade. It was ranked 9th in India with a GDP of 2.60 lakh crore in the fiscal year 2016 ($40 billion in 2016). Surat is home to more than six million people and is one of the world’s fastest-growing cities. It is famous for its diamond cutting and polishing and is also called the Diamond City of India.

Surat diamond industry, has been fulfilling the requirements, of more than 90 per cent of the polished diamonds across the world. To overcome the setbacks of easy approachability, and boosting profitability, diamantaires from Surat have unanimously made an effort to get the maximum gain for all the stakeholders. They have come together to setup the Surat Diamond Bourse (SDB). This initiative, as projected is expected to bring in, a turnover of over Rs 2 Lakh Crores ($27 Billion Dollars approx.) annually, and all of them together, will be the beneficiaries. It is a dreamcome- true for diamantaires who have worked in dire conditions in order to keep their ancestral vocation alive and kicking.

As glorious and perfect, Indian polished diamonds are, the glory of this majestic project – Surat Diamond Bourse will magnify the industry’s efforts in spreading across borders, in conjunction with advanced systems and infrastructure. The design manifests, a “Green Building Concept” built with architectural expertise. It boasts of Ecological Integrity. The project has made it to the list of Top Five commercial buildings in the world for “2018 Cityscape Awards for Emerging Markets”. At the same time, building a global reputation, bestowing an at-home factor, with a comfortable and safe work environment for everyone.

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