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Surat ready to shine with global diamond exchange in 3 years

Contract finally given for Rs 2,400-cr project, with GIFT City-like features

Futuristic model of the Diamond Bourse coming up in Surat. Photo courtesy: Surat Diamond Bourse Committee
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Futuristic model of the Diamond Bourse coming up in Surat. Photo courtesy: Surat Diamond Bourse Committee

Vinay Umarji Ahmedabad
The fragmented and largely unorganised diamond polishing and trading industry would shortly organise itself at a single location, with Surat set to get an international diamond exchange in three years.  
After a delay of two years, Surat Diamond Bourse (SDB) has awarded the contract to PSP Projects. Construction work begins this week, to be completed in 36 months, say the bourse’s committee members. It will be part of the 2,000-acre Surat Dream City, being equipped with smart city features on the lines of the Gujarat International Finance Tec-City (GIFT City) near Gandhinagar. SDB is being set up as an
Topics : Surat