Prime Minister Narendra Modi to Inaugurate Surat Diamond Bourse (SDB) on December 17
Constructed at an impressive cost of Rs 3,400 crore, the SDB is a testament to the collaborative efforts of the diamond industry in Surat, making it the first project in India to be built on a cooperative basis.
Surat: The landmark Surat Diamond Bourse (SDB) will be inaugurated by Prime Minister Narendra Modi on December 17. It will be the world’s biggest office complex, larger than the famous Pentagon in the United States. The success of this cutting-edge diamond exchange is a tribute to India’s expertise in the sector and a watershed moment in the growth of the diamond industry in Surat as a whole.
Constructed at an impressive cost of Rs 3,400 crore, the SDB is a testament to the collaborative efforts of the diamond industry in Surat, making it the first project in India to be built on a cooperative basis. The Surat Diamond Bourse is strategically situated within the Diamond Research and Mercantile (DREAM) City at Khajod, just 15 kilometers away from Surat.
Vallabh Lakhani, Chairman of the SDB, expressed his excitement about the upcoming event, sharing, “A delegation from the SDB diamond bourse committee had the privilege of meeting Prime Minister Modi under the leadership of Gujarat BJP President CR Paatil on August 2, where we extended a heartfelt invitation for the inauguration. After discussions with PM Modi, we jointly decided on December 17 as the momentous day for the SDB inauguration.”
Lakhani added, “Prime Minister Modi has graciously consented to inaugurate the SDB project. The inauguration ceremony will be conducted in a grand fashion, with the entire world witnessing this historic event.”
Preparations for the grand inauguration are already in full swing, with invitations being extended to eminent diamond businessmen and dignitaries from both India and across the globe. The SDB has an impressive capacity of 4,200 offices, and every effort is being made to ensure their full functionality before the inauguration date.
The SDB complex is equipped with state-of-the-art facilities, including services for valuation, weighing, certification, and boiling of diamonds. In addition, the bourse will offer all essential office stationery, tools, equipment, and services required by the diamond industry, further solidifying its position as a comprehensive and world-class center for the diamond trade.
The Surat Diamond Bourse is poised to elevate India’s status as a global diamond hub, fostering trade, innovation, and cooperation within the industry. This momentous occasion not only symbolizes India’s leadership in the diamond sector but also highlights the power of collaboration and unity in realizing ambitious projects of such grandeur.
As the countdown begins for the historic inauguration of the Surat Diamond Bourse on December 17, anticipation is mounting in the diamond community and beyond. The world eagerly awaits this milestone event that will undoubtedly leave an indelible mark on the history of the global diamond industry.