PM Modi Inaugurates Surat Diamond Bourse, World's Largest Office, in Gujarat – News18

Prime Minister Narendra Modi on Sunday unveiled the Surat Diamond Bourse, the world’s largest and modern centre for international diamond and jewellery business. The development came after the Prime Minister inaugurated the new integrated terminal building at Surat Airport.

The Surat Diamond Bourse (SDB) building is located at Khajod village near Gujarat’s Surat city. The bourse will comprise a state-of-the-art ‘Customs Clearance House’ for Import-Export; a jewellery mall for retail jewellery businesses; and a facility for international banking and safe vaults, the press release from the Prime Minister’s Office (PMO) said.

It will be a global centre for trading of both rough and polished diamonds as well as jewellery, as per an official statement. It will comprise a state-of-the-art ‘Customs Clearance House’ for import and export, jewellery mall for retail jewellery business and facility of international banking and safe vaults, the press released added.

Several diamond traders, including those based in Mumbai earlier, have already taken possession of their offices, which were allotted by the management after auction, SDB’s media convener Dinesh Navadiya said in a statement recently. The SDB is part of the Diamond Research and Mercantile (DREAM) City.

Former Gujarat Chief Minister Anandiben Patel in February 2015 performed the ground-breaking ceremony of the SDB and DREAM City project. With 67 lakh square feet of floor space, the SDB is now the world’s largest office building having nearly 4,500 diamond trading offices.

The megastructure, built on a plot of 35.54 acres inside the DREAM City, has nine towers of 15 floors with office spaces ranging from 300 sq ft to 1 lakh sq ft.

(With inputs from PTI)