NEW DELHI: In a historic moment on Sunday, Prime Minister Narendra Modi inaugurated the Surat Diamond Bourse, solidifying its status as the world’s largest and most modern centre for international diamond and jewellery business.
The inauguration followed the unveiling of a new integrated terminal building at Surat airport, equipped to handle 1,200 domestic passengers and 600 international passengers during peak hours, with plans for further expansion.
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FLASH: PM Narendra Modi unveils the world’s largest office complex, Surat Diamond Bourse
With 67 lakh sq ft space and 4,500 trading offices, it’s set to be a global hub for diamond trade. Featuring a Customs Clearance House, jewellery mall, and international banking facilities,… pic.twitter.com/ZUrBbyWFJq
— The New Indian (@TheNewIndian_in) December 17, 2023
The Surat Diamond Bourse, nestled in Khajod village near Surat city, stands as a global hub for trading both rough and polished diamonds, along with jewellery. Boasting over 67 lakh square feet of floor area, it emerges as the largest office complex globally, accommodating nearly 4,500 diamond trading offices.
The megastructure is a key component of the Diamond Research and Mercantile (DREAM) City, recognised by the Guinness World Records in August as the world’s largest office building. Constructed at a cost of approximately Rs 3,500 crore, it encompasses nine towers of 15 floors, offering office spaces ranging from 300 sq ft to 1 lakh sq ft.
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According to the Prime Minister’s Office, the Diamond Bourse includes a cutting-edge ‘Customs Clearance House’ for import and export, a jewellery mall for retail business, and facilitates international banking and safe vaults. The building’s platinum ranking from the Indian Green Building Council underlines its commitment to sustainability.
FLASH: Prime Minister @narendramodi will inaugurate the #SuratDiamondBourse today, in #Surat.
This will be a major boost to the diamonds industry. pic.twitter.com/dx5n6sfcJW
— The New Indian (@TheNewIndian_in) December 17, 2023
The Prime Minister expressed the significance of the occasion, stating, “Surat Diamond Bourse will be a game-changer, providing a dynamic platform for global diamond and jewellery trade. This state-of-the-art facility reflects India’s prowess in the industry.”
Several diamond traders, including notable figures like Vallabhbhai Lakhani, Director of Kiran Gems, have already secured offices in the Surat Diamond Bourse. Lakhani, whose Rs 17,000-crore business has shifted to the Diamond Bourse, is also developing a mini-township for his employees.