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Surat Diamond Bourse: A Mega Hub for Global Diamond Trade

Context:

The Prime Minister inaugurated the Surat Diamond Bourse today in Surat, Gujarat.

Relevance:

Facts for Prelims

Surat Diamond Bourse: A Mega Hub for Global Diamond Trade

  • Location: Situated in Khajod village, near Surat.
  • Global Corporate Hub: Recognized as the world’s largest corporate office hub.
  • Trading Hub: Functions as a global center for trading both rough and polished diamonds, along with jewelry.
  • Global Platform: Attracts diamond buyers globally, providing a platform for international trade.
Key Features:
  • Built on 35.54 acres of land with an investment of Rs 3,400 crore.
  • Holds the title of the world’s largest interconnected building with over 4,500 offices.
  • Features 15 floors and nine ground towers, offering office spaces ranging from 300 sq ft to 1 lakh sq ft.
  • Connected by a central spine, enhancing accessibility.
Facilities:
  • Houses a state-of-the-art ‘Customs Clearance House’ for Import-Export.
  • Includes a jewelry mall for retail business and facilities for International Banking and Safe Vaults.
  • Recognized as the country’s largest customs clearance house.
Capacity and Global Reach:
  • Can accommodate 4,200 traders from 175 countries, facilitating the purchase of polished diamonds.
Environmental Considerations:
  • Adheres to the principles of Panchtattva, aligning with the five elements of nature.
  • Incorporates a cutting-edge rooftop solar energy project for sustainability.
  • Utilizes a radiant cooling system for energy efficiency.
  • Awarded a platinum rating by the Indian Green Building Council (IGBC).

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