Historic Moment: PM Modi Unveils World’s Largest Diamond Trading Center in Surat
Surat, Gujarat – December 16, 2023, Sat 18:28 | National
In a monumental development for India’s diamond industry, Prime Minister Narendra Modi is set to inaugurate the world’s largest diamond trading center in Surat tomorrow, December 17. Surat, already renowned as the hub of the nation’s diamond business, sees daily transactions worth thousands of crores, making it a crucial player in the global diamond trade.
This state-of-the-art trading center, situated on a sprawling 35-acre land, marks a significant leap for Surat’s diamond industry. The mega complex boasts a staggering 4,500 offices, providing a central hub for the city’s bustling diamond trade. The construction of this remarkable edifice spanned four years, and its inauguration is anticipated to elevate Surat’s status as a global leader in the diamond business.
Surpassing Israel’s diamond center, the Surat Diamond Trading Center now holds the esteemed title of the world’s largest. This achievement underscores India’s growing prominence in the international diamond trade.
Approximately 65 thousand diamond experts are expected to operate from this cutting-edge facility, facilitating seamless transactions and further cementing Surat’s reputation as a pivotal player in the global diamond market. As the Prime Minister unveils this architectural marvel, the nation anticipates the positive impact it will have on India’s diamond industry and international trade relations.
