“Surat, the Diamond Hub, Elevates Global Presence with the Inauguration of its Largest Diamond Market – Surat Diamond Bourse.”
In the glittering realm of diamonds, Surat has long been a global player, and its prominence continues to rise with the inauguration of the Surat Diamond Bourse. A monumental step for the city of diamonds, this bustling market has now welcomed 135 offices, marking a significant leap in the diamond trading landscape.
On the auspicious occasion of Dussehra, the iconic Surat Diamond Bourse witnessed the pooja in 983 offices, setting the stage for a grand unveiling. The official inauguration by PM Narendra Modi is scheduled for December 17, adding a touch of prestige to this diamond haven.
The journey to this milestone began with meticulous preparations, and the excitement peaked as 135 offices commenced operations simultaneously. Notably, on the day of Dussehra, 983 offices echoed with celebrations, showcasing the grandeur of Surat Diamond Bourse.
In a remarkable development, 26 diamond traders have made a permanent shift from Mumbai to Surat, closing their offices in the bustling financial capital. This relocation signals a strategic move, as these traders choose to operate their diamond businesses from Surat, emphasizing the city’s growing significance in the diamond trade.
To facilitate seamless financial transactions within the Surat Diamond Bourse, the State Bank of India (SBI) inaugurated a bank on November 20. This strategic move not only provides convenience to merchants but also underlines the need for efficient financial management in the bustling diamond market.
The eagerness among merchants reached its pinnacle as the Surat Diamond Bourse officially commenced operations. This marks a new chapter in Surat’s diamond legacy, solidifying its position as a global diamond trading powerhouse. As Prime Minister Modi prepares to inaugurate this symbol of prosperity, Surat Diamond Bourse stands poised to make waves in the world of diamonds and gemstones.
