Articles tagged under: Surat Diamond Bourse

Gujarat govt plans to relax liquor regulations in DREAM City: Report

August 03, 2024
Gujarat govt plans to relax liquor regulations in DREAM City: Report

Surat: If reports are to be believed, the state government is planning to ease liquor laws in DREAM (Diamond Research and Mercantile) City, which houses the world's largest office space, the Surat Diamond Bourse (SDB). According to a newspaper report, similar to the approach taken in GIFT City in Gandhinagar, the Gujarat government is likely to approve the proposal to modify the liquor laws within the boundaries of DREAM City. The home and other relevant departments will establish guidelines ...Read More

All permissions for direct export – import from Surat Diamond Bourse granted

July 31, 2024
All permissions for direct export – import from Surat Diamond Bourse granted

Surat: Direct export and import from Surat Diamond Bourse (SDB) will be possible now, as the Government of India has given all approvals for functioning of a 40,000 square ft custom house here. This will result into savings for diamond traders on angadiya (courier) costs in the range of 10 to 15 percent per parcel of diamonds. As many as 250 offices have started functioning in the bourse from July 7th, but export-import didn't become possible due to lack of the clearance. Now all permissions...Read More

RS MP Dholakia advocates for better air connectivity for city as 250 offices open at Surat Diamond Bourse

July 07, 2024
RS MP Dholakia advocates for better air connectivity for city as 250 offices open at Surat Diamond Bourse

Surat: Govind Dholakia, Chairman of the Surat Diamond Bourse (SDB) Committee and BJP Rajya Sabha MP, highlighted inadequate air connectivity in Surat during the inauguration of 250 offices at the Surat Diamond Bourse today. Dholakia emphasized the disparity in air connectivity in Surat and compared it to cities like Brussels saying that Brussels, with a population of 2 million, enjoys 300 daily flights, whereas Surat, with a population of 4 million, has only 30 flights. He further added th...Read More

SMC to run 4 buses to Surat Diamond Bourse from Varachha and Katargam

July 05, 2024
SMC to run 4 buses to Surat Diamond Bourse from Varachha and Katargam

Surat: The Surat Municipal Corporation (SMC) will be running four additional buses to the Surat Diamond Bourse (SDB) located in the Khajod area. These buses will commence operation from Ashadi Beej on July 7th, running from Varachha and Katargam to the SDB. The administrators of the Diamond Bourse are working to make the SDB thrive, and this decision from the SMC aims to support these efforts. Deputy Commissioner Rajendra Kumar stated that it is in everyone's interest to make the Diamond B...Read More

250 offices expected to open in SDB on July 7; attempts being made for Surat-Mumbai flight

June 22, 2024
250 offices expected to open in SDB on July 7; attempts being made for Surat-Mumbai flight

Surat: A meeting of the management committee of the Surat Diamond Bourse (SDB) took place on Friday to discuss the opening of over 250 offices scheduled for July 7. Regarding this, 150 office owners have reportedly given their final confirmation about opening their offices in SDB. Lalji Patel, vice-president of the SDB committee, stated that the furniture and infrastructure for 250 offices are complete, and the committee is also following up with other office owners where furniture work is st...Read More

SDB committee urges diamond traders of Mahidharpura to move into bourse

April 05, 2024
SDB committee urges diamond traders of Mahidharpura to move into bourse

Surat: The newly constituted committee of the Surat Diamond Bourse (SDB) organized a meeting with traders in the 60-year-old Mahidharpura market as part of its efforts to make the bourse operational. Lalji Patel, the vice-chairman of SDB, mentioned that they are encouraging traders from Mahidharpura and Mini Bazaar to join SDB so that a large number of offices can be set up. He also stated that the committee has conducted meetings in Mumbai as well. The SDB committee aims to initiate 400 o...Read More

SDB sets up new management committee

March 29, 2024
SDB sets up new management committee

Surat: The Surat Diamond Bourse (SDB) has established a new management committee. A week after Govind Dholakia, Rajya Sabha MP and chairman of Shree Ramkrishna Exports, assumed the position of the new chairman of SDB, Lalji Patel from Dharmanandan Diamonds was appointed as the vice-chairman in the meeting convened on Wednesday. Arvindbhai Shah from Dhanera Diamonds now leads as the president of the new committee, with Nagjibhai Sakariya from HVK International Ltd and Ashesh Doshi from A N Dia...Read More

Govindbhai Dholakiya to head Surat Diamond Bourse

March 22, 2024
Govindbhai Dholakiya to head Surat Diamond Bourse

Surat: Govindbhai Dholakiya has been unanimously selected as Chairman of Surat Diamond Bourse (SDB). With this the old committee of SDB will be replaced with a new body. Rs. 3700 crore SDB was earlier chaired by Kiran Gems owner Vallabh Lakhani. In a meeting of SDB's governing committee, it was decided to appoint Govindbhai Dholakiya of SRK diamonds as new Chairman of SDB. Govindbhai is also recently elected for six years as Rajya Sabha member of ruling Bharatiya Janata Party(BJP). DeshGujaratRead More

Vallabh Lakhani proposes to step down as SDB chairman

March 21, 2024
Vallabh Lakhani proposes to step down as SDB chairman

Surat: Vallabh Lakhani, the chairman of Surat Diamond Bourse (SDB), has stepped down from his position. Lakhani has reportedly tendered his resignation to the core committee and urged other members to assume responsibility. Lakhani, also the chairman of Kiran Gems, had closed his Mumbai office in November last year, relocating all operations to Surat. However, Kiran Gems reopened its Mumbai office in January after other diamond firms failed to open their facilities at SDB. Lakhani's Kiran Gem...Read More

India’s Largest Special Notified Zone (SNZ) to be launched at SDB

December 20, 2023
India’s Largest Special Notified Zone (SNZ) to be launched at SDB

Surat: A Special Notified Zone (SNZ), the largest in India, will be coming up at the world's largest office building in the city, Surat Diamond Bourse, announced the Gems and Jewellery Export Promotion Council (GJEPC) on Tuesday. Vijay Mangukiya, GJEPC Gujarat Regional Chairman, said while revealing plans for the SNZ at the Surat Diamond Bourse Siad that GJEPC played a pivotal role in realising Prime Minister Narendra Modi's vision for the SNZ, initially proposed at the 2014 World Diamond Confe...Read More