Prime Minister Narendra Modi inaugurates Surat Diamond Exchange

Prime Minister Narendra Modi inaugurated the Surat Diamond Exchange on December 17 to mark the official launch of the 35.5-acre facility. the diamond exchange elevates Surat’s position in the global jewelery industry and Modi described it as a symbol of what New India is capable of.

In his inaugural address, Modi stated that the Surat Diamond Exchange will stand out among its global counterparts and will uplift the city as a whole, creating around 1.5 employment opportunities, the Gems and Jewelery Export Promotion Council said. on their website. the opening ceremony was also attended by Gujarat Governor Acharya Devvrat and Gujarat Chief Minister Bhupendra Patel among other dignitaries.

“Surat Diamond Bourse showcases the skills of Indian designs, designers, materials and concepts,” said Modi, the GJEPC reported on its website. “This building is a symbol of the capabilities and resolves of New India.” Modi also congratulated the Indian diamond industry as well as the people of Surat, Gujarat and India.

the new diamond exchange houses nine towers with 4,500 offices with capacity for more than 67,000 diamond traders. the facility has been built with a focus on sustainability and features a ‘green building’ that will save 50% in energy and water usage, as well as a ‘Panchtatva’ garden.

““Customs Clearance House”, jewelery mall and international banking facilities and secure vaults will be important parts of the exchange,” Narendra Modi announced on Facebook.