Prime Minister Narendra Modi inaugurated the Surat Diamond Bourse, slated to emerge as a global diamond trading hub and renowned as the world’s largest office building. PM Modi emphasised its significance, describing it as a major catalyst for the diamond industry.
Notably, the Bourse incorporates essential elements like the ‘Customs Clearance House,’ Jewellery Mall, and facilities for International Banking and Safe Vaults. This milestone marks a transformative development for Surat, reinforcing its role in the global diamond trade, with the inauguration conducted on Sunday. The event underscores India’s pivotal position in the international diamond market under PM Modi’s leadership.
DIAMOND HUB UNVEILED: SURAT DIAMOND BOURSE INTEGRATION
Unified Diamond Community
Surat Diamond Bourse converges cutting, polishing, and trading activities, housing a vast community of experts in one expansive facility. Boasting 4,500 offices and 130-plus elevators, the bourse’s passageways exceed a total of 22 km.
Centralization of Diamond Processing
Surat, the Diamond City, processes 90% of the world’s rough diamonds, aiming to centralize the industry under one roof with the Surat Diamond Bourse. This strategic move facilitates global diamond sales, including to major markets like the US and China.
Project Cost and Scale
The ambitious Surat Diamond Bourse project is valued at over Rs 3,200 crore, positioning itself as a significant investment in the diamond industry’s future.
TOP FACTS RECAP: SURAT DIAMOND BOURSE’S GLOBAL MILESTONES
Size Surpassing Pentagon
Claiming the title of the world’s largest office building, the Surat Diamond Bourse exceeds the Pentagon’s size with a carpet area of 67,28,604 sqft over 80 years.
Global Hub for Diamond Trade
Designed to be the global hub for the diamond and jewelry trade, it integrates advanced facilities, including a Customs Clearance House, a retail jewelry section, and provisions for International Banking.
Campus Overview
Spanning 68,17,050 sqft, the bourse features nine interconnected towers, efficient navigation through 131 elevators, and an atrium spine, creating a dynamic and interconnected campus.
Efficient Navigation
Despite its vast size, the 15-story towers enable quick navigation within six minutes, supported by a sophisticated control system for its 131 elevators.
Comprehensive Work Environment
Covering 35.54 acres, the campus includes a two-story underground parking space for 4,500 cars and 10,000 two-wheelers, catering to its extensive workforce across 4,500 offices. Area and Location Insights: Surat Diamond Bourse in Diamond Research and Mercantile City
Promoting Trade
Spread across 35.54 acres, it promotes the import, export, and trading of diamonds, gems, and jewellery. Comprising nine 15-story towers, it forms a pivotal part of the Diamond Research and Mercantile City in Surat.
ONE-STOP DESTINATION: FEATURES AND FACILITIES OF SURAT DIAMOND BOURSE
Hub for Professionals
Emerging as a “one-stop destination” for over 65,000 diamond professionals, it offers specialized facilities for cutters, polishers, and traders.
Global Marvel
With more than 4,500 networked offices and over 67 lakh square feet of floor area, it stands as the world’s biggest interconnected building, surpassing even the US Pentagon in size.
Panchtatva-Inspired Complex
Beyond its functional aspects, the complex integrates a recreational zone and parking area across 20 lakh square feet, with landscaping inspired by Panchtatva (five elements). The facility is equipped with a state-of-the-art Customs Clearance House, a jewellery mall, and provisions for international banking and secure vaults.