PM Modi to inaugurate ‘Surat Diamond Bourse’- world’s biggest workspace

Prime Minister Narendra Modi is set to unveil the 'Surat Diamond Bourse,' touted as the world's largest corporate office hub.

Prime Minister Narendra Modi is set to unveil the ‘Surat Diamond Bourse,’ touted as the world’s largest corporate office hub. The grand inauguration is scheduled for Sunday. It will not only mark a significant milestone for Surat’s diamond industry. But is also poised to elevate India’s standing in the global diamond trade.

Here are key details about the monumental Surat Diamond Bourse:

1.Unprecedented Scale: Situated at Khajod village near Surat city, the Surat Diamond Bourse is an architectural marvel, boasting over 67 lakh square feet of floor area. It has surpassed the Pentagon in the United States, earning the title of the world’s largest office complex.

2. Magnificent Infrastructure: Built on an expansive 35.54 acres of land. The Surat Diamond Bourse comes with a staggering price tag of ₹3400 crore. This state-of-the-art facility is poised to emerge as a global epicenter for both rough and polished diamond trading.

3. Interconnected Excellence: The building stands out not just for its size but also for its connectivity. With over 4,500 interconnected offices, it is the world’s largest interconnected building. Furthermore, it holds the distinction of being the country’s largest customs clearance house.

4. International Trading Hub: The Surat Diamond Bourse has the capacity to host 4,200 traders hailing from 175 countries. This global congregation of diamond enthusiasts is expected to converge on Surat to partake in the buying and selling of polished diamonds.

5. Employment Boost: As a testament to its economic impact, the trading facility is anticipated to provide employment opportunities for approximately 1.5 lakh people. This surge in employment is expected to result from the influx of diamond buyers from around the world, converging on Surat for their trading activities.

Prime Minister Modi had previously highlighted the significance of the Surat Diamond Bourse. It is emphasizing its role in showcasing the dynamism and growth of Surat’s diamond industry. The inauguration is poised to not only bolster the economy but also foster innovation and collaboration within the diamond trade sector. As the Surat Diamond Bourse takes its place on the global stage, it symbolizes India’s entrepreneurial spirit and commitment to becoming a leading player in the international diamond market.

Sumann Senguptaa

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