World’s largest Surat Diamond Bourse (SDB) is likely to be inaugurated by December end.

Surat: If all goes well, the world’s largest Surat Diamond Bourse (SDB) is likely to be inaugurated by the end of December.

The wait for India’s sparkling diamond industry to see the world’s largest diamond bourse open up for the diamantaires is likely to end in December or January-2022, sources said.

Till now, every single piece of the sparkling gems processed in the world’s largest diamond cutting and polishing center in Surat would land up in Mumbai—India’s economic capital—and be exported to the various countries across the world. Surat being the diamond manufacturing hub, international buyers visit the diamond offices in Mumbai to seal the diamond deals.

Now, Surat will have its diamond bourse, where diamonds—rough and polished—will be traded to the national and international buyers. The SDB, which is the second diamond bourse in India, is three times bigger than its Mumbai counterpart—Bharat Diamond Bourse (BDB)—located at Khajod village on the Palsana-Hazira National Highway, which is 10 kilometers away from Surat.

SDB is touted to be the world’s largest office building constructed on 6.6 million square feet —bigger than the Pentagon building constructed on 6.1 million square feet in the United States of America (USA). The 2,500 crore worth of SDB project is the game-changer for Surat’s economy as well as the Indian diamond industry.

A committee member of SDB told TBT, “We have sent a letter to the Prime Minister’s Office (PMO) for finalizing the inauguration date in December or January-2022. Once we will receive the confirmation, we will go ahead with the preparations”

He informed there is a total 4,200 office in the SDB. About 300 offices are bigger i.e above 1,500 square feet and that they require more time for interior work.

“The interior work in the big size offices have already started. However, the small offices in the square feet size ranging from 300 to 1,000 square feet have been given interior design samples, and that they will be given offices in the second phase for completing the interior work. This way, the big size offices will be up and ready by December” he informed.