Surat's Diamond Bourse to Be Inaugurated by PM Modi on December 17th

The inauguration, graced by Chief Minister Bhupendra Patel, signifies the government's commitment to this transformative initiative.

Prime Minister Narendra Modi is set to inaugurate Surat's Diamond Bourse on December 17, a grand project valued at Rs 34,000 crore, aimed at transforming the city into the global hub for diamond trading. Spanning 35.54 acres, the development integrates the Central Business District with various amenities, emphasizing ethical diamond trading and support for small and medium-sized enterprises.

The inauguration, graced by Chief Minister Bhupendra Patel, signifies the government's commitment to this transformative initiative. The Bourse aims to attract traders from over 150 countries, serving as a global platform while fostering growth for micro, small, and medium enterprises (MSMEs) in the diamond industry.

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With 4,500 offices across 45 floors and 131 high-speed lifts, the architectural wonder follows green design principles, dedicating 15 acres to thematic gardens. Projected benefits include doubling Surat's annual diamond trade from Rs 2 lakh crore to Rs 4 lakh crore, positioning the city prominently in the global diamond trade landscape.

Key Points: 

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1. Prime Minister Narendra Modi is slated to inaugurate Surat's Diamond Bourse on December 17, an estimated Rs 34,000 crore project aimed at elevating Surat into the global epicenter of diamond trading, according to Gujarat government data.

2. Spanning 35.54 acres, the Diamond Bourse incorporates a Central Business District (CBD) alongside social, commercial, and educational facilities, symbolizing a transformative endeavor for the region.

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3. Chief Minister Bhupendra Patel will join the inauguration ceremony, emphasizing the significance of this project's ethical focus on diamond trading and its support for small and medium-sized enterprises, attracting traders from 150 countries worldwide.

4. With a specific goal to bolster diamond, gems, and jewelry trade, the initiative aims to stimulate diamond production and business while creating growth prospects for micro, small, and medium enterprises (MSMEs).

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5. The sprawling Surat Diamond Bourse, featuring 4,500 offices across 45 floors and 131 high-speed lifts, underscores a commitment to green spaces, encompassing 15 acres of themed gardens, poised to revolutionize Surat's diamond trade, anticipated to escalate from its current Rs 2 lakh crore to an annual Rs 4 lakh crore turnover.

(With Agency Inputs)

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