Surat, April 5 The Surat Diamond Bourse (SDB) in Gujarat will become the largest hub for Chemical Vapor Deposition (CVD) diamonds in the next two years, according to Deputy Chief Minister Harsh Sanghavi.
Addressing a gathering during his visit on Saturday to SDB, located in the Khajod area here, he also said that the center for both lab-grown and natural diamonds will shift from Mumbai to Surat, considering the current pace of development.
"The Surat Diamond Bourse will be the largest hub for diamonds in the next two years. Traders have started opening offices here very quickly. A total of 1,500 offices are expected to become operational within the next year, with 500 new offices set to open in just the next five months," said Sanghavi.
On average, around 2,800 to 3,200 people are registering at the bourse daily, indicating growing trade activity, the Deputy CM said.
Sanghavi assured that rough diamond traders will also be able to start their offices here within the next four months, enabling operations from rough to polished diamonds under one roof.