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

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

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

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

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

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

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

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