Surat: Business activity at the Surat Diamond Bourse (SDB) is witnessing a steady rise, with claims that around 250 offices have now become operational within the sprawling complex. Out of the total 4,000 offices at SDB, nearly 100 new traders reportedly commenced operations on February 18, adding to the previously functional 150 offices. This has taken the total number of active offices to approximately 250, signaling renewed momentum in the diamond trading ecosystem. Brokers Form Associati...Read More

Surat: Trading activity at the world’s largest office complex, the Surat Diamond Bourse (SDB), has gained fresh momentum, with 35 major traders and 65 small traders and brokers commencing operations here on Wednesday. With this, nearly 175 offices are now functional within the bourse premises. According to an announcement by SDB Vice President and spokesperson Laljibhai Patel, more than 35 prominent traders associated with the city’s traditional diamond markets, Mahidharpura and Mini Bazaar...Read More

Surat: Diamond industrialists have shown limited enthusiasm ahead of the proposed opening of offices at the Surat Diamond Bourse (SDB) from January 23, citing poor air connectivity and additional financial burden as key concerns. Despite repeated assurances prior to the inauguration, Surat Airport still lacks direct air connectivity with Mumbai, the country’s financial capital. Earlier projections had also included international flights from Surat to major global diamond and jewellery hubs su...Read More

Surat: Minister of State for Home and Industries, Harsh Sanghavi, held a meeting with members of the Surat Diamond Bourse Committee and diamond traders, brokers, and small merchants from Mahidharpura, Varachha, and Katargam who currently operate trading offices, cabins, and tables at the Surat Diamond Bourse (SDB). Following the meeting, Sanghavi announced that by consensus, it was decided all offices at the Surat Diamond Bourse will become fully operational from January 23, 2026 (Aaso Sud Panc...Read More

Surat: The Maharashtra Government is developing a 21.3-acre Diamond and Jewellery Park in the Mahape industrial area, in collaboration with the Gem and Jewellery Export Promotion Council (GJEPC), under a Special Purpose Vehicle (SPV) model. As the existing Bharat Diamond Bourse in Mumbai is running out of capacity, the new India Jewellery Park is being constructed to accommodate 2,000 new offices and manufacturing units. If this project in Mumbai is completed on time, the future of the Surat-ba...Read More

Surat: Mahesh Gadhvi, who played a key role in establishing the Surat Diamond Bourse (SDB) as its CEO, has resigned from his position. Surat Diamond Bourse Committee Vice President and Spokesperson Laljibhai Patel told the media that Gadhvi had previously been involved in the Kiran Hospital project and was later appointed CEO of SDB due to his strong performance. “Being an expert in the construction industry, he had been requesting to return to his preferred profession for the past year. He v...Read More