Surat Diamond Bourse Inaugurated by PM Modi
By Rediff Money Desk, SURAT Dec 17, 2023 11:53
Prime Minister Narendra Modi inaugurated the Surat Diamond Bourse, the world's largest diamond trading center, in Gujarat. The SDB is part of the DREAM City project and boasts modern facilities for international diamond and jewelry business.
Surat, Dec 17 (PTI) Prime Minister Narendra Modi on Sunday inaugurated the Surat Diamond Bourse, the world's largest and modern centre for international diamond and jewellery business.
The Surat Diamond Bourse (SDB) building, the world's largest office complex with more than 67 lakh square feet of floor area, is located at Khajod village near Surat city.
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, it said.
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, a release said.
The mega structure, 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.
The Surat Diamond Bourse (SDB) building, the world's largest office complex with more than 67 lakh square feet of floor area, is located at Khajod village near Surat city.
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, it said.
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, a release said.
The mega structure, 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.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- IFL Enterprises
- 1.36 (+ 4.62)
- 95510990
- Franklin Industries
- 3.90 (+ 4.56)
- 27302785
- Vodafone Idea L
- 16.16 ( -3.75)
- 21146179
- Indian Renewable
- 258.95 ( -4.89)
- 14148327
- AvanceTechnologies
- 0.90 ( -1.10)
- 11438895
MORE NEWS
Indian Markets Turn Negative After Record Highs
Indian stock markets experienced volatility on Thursday, turning negative after...
ASK Property Fund Invests Rs 190 Cr in...
ASK Property Fund has invested Rs 190 crore in a real estate project being developed by...
Japan Trade Deficit Shrinks as Exports Rebound
Japan's trade deficit narrowed in the first half of 2023, driven by a recovery in...