The world’s largest and most modern center for the international diamond and jewelry business will be inaugurated by PM Modi today on Sunday 17th December. Check out the details inside.
It’s a proud moment for India because Prime Minister Narendra Modi is set to inaugurate the Surat Diamond Bourse the largest and most advanced hub for international diamond and jewelry trade. Unveiling the details PMO (The Prime Minister’s Office) revealed that following its inauguration, the Surat Diamond Bourse will stand as the world’s largest and most advanced center for international diamond and jewelry business. The place will play a major role at the international level—a hub for the trading of both rough and polished diamonds, along with jewelry. The features include a cutting-edge ‘Customs Clearance House’ for import and export, a jewelry mall supporting retail businesses, and an area for international banking and secure vaults.
Recently PM Modi also shared details about the inauguration ceremony, stating, “In Surat tomorrow, the Surat Diamond Bourse will be inaugurated. This will be a major boost to the diamond industry. The ‘Customs Clearance House,’ Jewellery Mall, and International Banking and Safe Vaults facility will be significant parts of the Bourse.”
Check out the screengrab:
About Surat Diamond Bourse
The Surat Diamond Bourse approximately cost Rs 3,500 crore. Covering a vast area of 67 lakh square feet and can accommodate nearly 4,500 diamond trading offices. This year in August the Diamond Research and Mercantile (DREAM) City, which is a part of it also achieved recognition from the Guinness World Records as the world’s largest office building.
This megastructure is situated on a 35.54-acre plot. With nine ground towers and 15 floors, offering office spaces ranging from 300 sq ft to 1 lakh sq ft. A central spine links the nine interconnected rectangular towers. The most noteworthy part is that the building has received a platinum ranking from the Indian Green Building Council (IGBC). Also, the Diamond trader Vallabhbhai Lakhani, who runs Kiran Gems, has moved his Rs 17,000-crore business to the Diamond Bourse. He is also building a small town for his workers.