Surat: The Gem and Jewellery Export Promotion Council (GJEPC) and Surat International Diamond Trade Centre (SIDC) have launched the India Rough Diamond Show (IRDS) at the Surat Diamond Bourse. The first slot of the 35-day show, scheduled from April 6 to May 10, has received a strong response, with around 250 companies participating in the auction within the first five days. A Dubai-based company, Star Gems, has displayed rough diamonds worth ₹270 crore at the show. Buyers have arrived not on...Read More

Surat: Gujarat Deputy Chief Minister Harsh Sanghvi on Sunday expressed confidence that the Surat Diamond Bourse (SDB) will emerge as a global hub for lab-grown diamond trading, calling it a milestone for the city’s diamond industry. Speaking at a felicitation function organized by over 250 diamond traders at SDB — the world’s largest commercial building — Sanghvi praised the rapid growth of the bourse and the entrepreneurial spirit of traders. Highlighting the pace of development, ...Read More

Surat: In a significant development for the diamond industry, rough diamond traders have decided to centralize import and trading activities at the Surat Diamond Bourse (SDB). A meeting of rough diamond traders was held on April 2, 2026, at the Surat Diamond Bourse, where it was unanimously resolved that all traders will now carry out imports and trade rough diamonds exclusively through SDB. The move aims to consolidate trading operations at a single, secure, and efficient location. During...Read More

Surat: Amid ongoing efforts to develop the Surat Diamond Bourse (SDB) into a vibrant trading hub, fresh data indicates a significant rise in import-export activity at its Customs Office during the financial year 2025–26. According to official figures, a total of 5,088 parcels were handled during the year, with transactions valued at approximately ₹42,636 crore, largely driven by imports. Of this, imports accounted for 4,160 parcels comprising 512.75 lakh carats of rough diamonds and lab-gro...Read More

Surat: The ongoing conflict in West Asia, which has disrupted international trade, may benefit Surat’s diamond industry, with global companies shifting auction activities to the city. Dubai-based Stargems Group has moved its rough diamond auction to the Surat Diamond Bourse (SDB), officials said. A seven-day pre-auction exhibition began on Tuesday at the Gems and Jewellery Export Promotion Council (GJEPC) office at SDB, where rough diamonds worth over ₹350 crore are being displayed for tr...Read More

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