SURAT - India's Prime Minister Narendra Modi is scheduled to inaugurate the Surat Diamond Bourse, deemed the world's largest diamond trading centre, in a highly anticipated event set to occur after November 21. The news comes following a meeting between the Surat Diamond Burse Committee and the Prime Minister's Office, scheduled for July 20.
The grand opening of the bourse is expected to significantly elevate Surat's international profile in the diamond industry. Diamond merchants from across the globe are predicted to attend the inauguration, underscoring the global significance of this event.
This upcoming launch will see approximately 350 diamond traders, who have already secured offices in the bourse, commence operations post-November 21. The bourse, located in Surat's Khajod area, is expected to buzz with activity as Surat and Mumbai traders simultaneously initiate business in the state-of-the-art facility.
Committee member Dinesh Navadiya highlighted the unique cooperative model of the Surat Diamond Bourse, where office spaces were allocated based on early bookings from traders. An estimated 350 office holders have agreed to open their offices on November 21, setting the stage for the bourse's launch.
The launch ceremony, predicted to create a world record, will witness the participation of more than a thousand committee members inaugurating their offices simultaneously.
Beyond bolstering Surat's global diamond industry reputation, the inauguration of the bourse by Prime Minister Narendra Modi is expected to bring extensive benefits to Gujarat and Surat, mirroring the impact of the unveiling of the Statue of Unity by the Prime Minister.
From a significant boost in revenue for the Gujarat government to the creation of approximately one lakh new job opportunities, the launch of the Surat Diamond Burse stands to invigorate various sectors ranging from small grocery traders to education, health, entertainment, and real estate.
The inauguration of the Surat Diamond Bourse promises a new chapter for Surat, positioning it as a global diamond trading hub and a matter of pride for its residents.
