Surat Diamond Bourse: World’s Largest Corporate Office Hub, to be Inaugurated by PM Modi
In a historic event, Prime Minister Narendra Modi is all set to inaugurate the Surat Diamond Bourse, the largest corporate office hub in the world. This remarkable complex, constructed on an expansive 35.54-acre land with a staggering investment of Rs 3400 crore, is poised to redefine the global landscape of rough and polished diamond trading.
A Monumental Structure: Surpassing the Pentagon
The Surat Diamond Bourse is not just an ordinary building; it is an architectural marvel, boasting over 4,500 interconnected offices that make it the largest interconnected building on the planet. Surpassing the iconic Pentagon in terms of size, this colossal structure also holds the distinction of being the largest customs clearance house in the country.
A Global Trading Hub: Connecting 4,200 Traders from 175 Countries, Creating 150,000 Jobs
With a capacity to accommodate 4,200 traders from 175 countries, the Surat Diamond Bourse aims to become the epicenter of the global diamond trade. This ambitious venture is expected to generate employment for approximately 150,000 individuals, providing a unique platform for diamond buyers worldwide to engage in seamless trade.
Fulfilling PM Modi’s Vision: Fostering Growth and Innovation
Prime Minister Narendra Modi recognizes the significance of the Surat Diamond Bourse and has expressed his thoughts, stating, “Surat Diamond Bourse showcases the dynamism and growth of Surat’s diamond industry. It is also a testament to India’s entrepreneurial spirit.” Modi envisions the bourse as a hub for trade, innovation, and collaboration, foreseeing its positive impact on the economy and employment.
Surat’s Ascent: From ‘Diamond City’ to ‘Global Diamond Processing Hub’
While Mumbai traditionally held the spotlight in diamond exports, Surat, aptly known as the “Diamond City,” has emerged as the powerhouse for diamond processing. Approximately 90% of the world’s rough diamonds are cut and polished in Surat before reaching buyers in countries like the US and China. The Surat Diamond Bourse now aims to centralize this thriving industry under one roof.
Situated within the Diamond Research and Mercantile City, the Surat Diamond Bourse is part of Prime Minister Modi’s flagship projects. Comprising nine 15-story towers and around 4,700 offices, this complex is a monumental step towards consolidating the diamond industry. Already in use, with 130 offices operational, it marks a new chapter in Surat’s economic landscape.
Global Recognition
The Surat Diamond Bourse surpasses the Israel Diamond Exchange in both size and scope. While the Israeli complex covers 80,000 square meters, the Surat counterpart not only houses more offices but also offers a comprehensive array of services, solidifying its status as a global diamond trading hub.
In conclusion, the inauguration of the Surat Diamond Bourse serves as a testimony to India’s prowess in the diamond industry, symbolizing growth, innovation, and a global outlook under the visionary leadership of Prime Minister Narendra Modi.
PM Modi is set to inaugurate the world’s largest corporate office hub in Gujarat today. Known as the Surat Diamond Bourse, it is a state-of-the-art facility that aims to boost the diamond trade in India. The hub spans over 1.5 million square feet and features cutting-edge infrastructure, including a trading floor, offices, and a convention center. It is expected to attract global diamond traders, promoting Surat as a major hub for the diamond industry. This initiative aligns with India’s aim to become a global leader in diamond manufacturing and trading.
Disclaimer: Only the headline and content of this report may have been reworked by Newsearay, staff; the rest of the content is auto-generated from a syndicated feed. The Article was originally published on Source link
