PM Modi Inaugurates Surat Diamond Exchange, World's Largest Office, Check some interesting facts about Surat Diamond Bourse

Surat: Prime Minister Narendra Modi today unveiled the 'Surat Diamond Bourse,' a colossal new complex claiming the title of the world's largest office building, surpassing even the iconic Pentagon. This diamond-shaped monument marks a significant shift in India's gem industry, aiming to consolidate Surat's position as the global diamond capital.

The Bourse: A One-Stop Gem Palace

Spanning a staggering 6.7 million square feet and built at a cost of ₹32 billion, the 'Diamond Bourse' is more than just an office space. It's a self-contained ecosystem designed to streamline the diamond trade. The complex boasts:

• State-of-the-art 'Customs Clearance House' for efficient import-export.

• Dedicated jewellery mall for retail businesses to showcase their creations.

• International banking facilities and secure vaults for convenient financial transactions.

Surat: From Polishing Capital to Global Marketplace

While Mumbai holds sway over diamond exports, Surat reigns supreme in polishing, handling roughly 90% of the world's rough diamonds. The 'Diamond Bourse' aims to transform the city from a processing hub to a central trading platform, bringing buyers and sellers from around the globe under one roof.

Key Facts about the 'Diamond Bourse':

• Largest interconnected building: With over 4,500 networked offices, it breaks a record.

• Customs powerhouse: Bigger than the US Pentagon, it boasts the nation's largest customs clearing house.

• Diamond haven: 65,000 diamond professionals, including cutters, polishers, and traders, will find a home here.

• Global reach: 4,200 traders from 175 countries can easily access polished diamonds.

• Investment of grandeur: Built on 35.54 acres at a cost of ₹3400 crore, it features a 20 lakh square feet recreational zone and Panchtatva-inspired landscaping.

A New Era for Indian Diamonds:

The 'Diamond Bourse' marks a watershed moment for India's diamond industry. With its sheer size, integrated facilities, and global reach, it has the potential to catapult Surat to the forefront of the international diamond trade, shining brightly in the world's gem market.