We have the best infrastructure and environment that facilitates a big number of growth avenues for a diamond company.” This is where Bharat Diamond Bourse comes in. In order to make the most of the future opportunity, Indian diamond companies need to seek the right partner for them. There is also immense scope for jewellery exports which in turn translates into employment opportunities and value addition in the diamond and jewellery sector. Mehul Shah, Vice President of Bharat Diamond Bourse, shared that “Indian Diamond Industry members control 70 to 80% of the world’s diamond trade whether they are based in India, Belgium, HK or Dubai and there is a huge potential for growth in the future. Talking about the tremendous opportunity that Indian diamond companies can leverage, Mr. This aggression has not gone too well with the Bharat Diamond Bourse committee and members who have been working tirelessly to build every diamond exporting company’s business and have been sincere facilitator of the Diamond trade. In its aggressive marketing strategy, the Surat Diamond Bourse has sent an official notice approved by the SDB committee to the Diamond exporting companies with offices in BDB to avail of freebies and other SOP’s if they shut their office and all operations in BDB. Surat Diamond Bourse, too, is wooing the Diamond exporting companies to set up offices in its facility and is offering subsidies in terms of rentals to all those companies who will shut their offices in Bharat Diamond Bourse and shift their businesses to Surat Diamond Bourse. This young diamond centre in Surat has been inspired by Bharat Diamond Bourse in terms of the aesthetics and the facilities that would be made available to the members in the time to come. In recent times another diamond exchange has sprung up in the city of Surat, the Surat Diamond Bourse. An in-house customs department, proximity to the international airport, efficient logistic support, seaport, rail transport and many other facilities that Mumbai city offers has made the more than one decade-old Bharat Diamond Bourse an important catalyst in the growth of over 2500 large medium and small Diamond exporting companies with a strong member strength of over 6000 centers and a large trading hall.īDB also has a Mumbai Diamond Merchants association with over 14000 members making the grass root and career of young traders very strong. Bharat Diamond Bourse has been instrumental in making this Billions of dollar export hugely successful by providing one of the most sophisticated and securitized environments to its members, who are polished diamond exporting companies. Diamond exports from India are expected to reach 30 Billion USD by 2026. The Indian economy is on the verge of transformation, and the diamond trade industry is expecting tremendous growth in the near future.
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