For thousands of diamond traders, a new bourse in Surat promises to add to the shine

Over 90% of the world's diamond pieces are cut in Surat, contributing to about 80% of the Indian annual diamond export The Bharat Diamond Bourse, located in Bandra Kurla Complex, Mumbai, serves as the sole diamond trading hub for India Most of the traders and merchants conduct business from the BDB.

Diamond merchants from Surat travel to Mumbai daily to conduct business The new international diamond bourse in Surat will eclipse the diamond exchanges in Mumbai, Israel, and Belgium in terms of scale and activity, enabling the currently fragmented and unorganised diamond trading and polishing industry in India to organise itself in one place The Surat Diamond Bourse is also set to reduce the travel time for the merchants and provide them with affordable office spaces, thus addressing the daily problems of many small and medium level merchants who are often seen trading in the open landscaped courts and the corridors of the BDB.

It will allow them to deal directly with their buyers by bringing all activities of cutting, polishing, manufacturing, and trading under one roof With an eye on providing a facilitating business environment to complement the diamond industry of the region, the Surat Diamond Bourse will be spread across 35.5 acres of land, with a total built up area of 620,000 square metres, making it the single largest office building in the world Surat Diamond Bourse is the shared vision of a community to make Surat the world's largest diamond industry hub. Source