Inadequate infra, global slowdown, rivalry & politics — Surat Diamond Bourse has rocky start

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Surat:It was sometime after 11 am on a Monday, but, over 10 km from the centre of Surat, Gujarat, in the Diamond City, the sprawling complex of the newly built Surat Diamond Bourse (SDB) its streets lined with posters of Prime Minister Narendra Modi advertising the governments vision of Amrit Kaal and an under-construction metro just opposite its towering buildings was fairly empty...

The bourse will be a one-stop solution for everyone in the diamond industry, from workers to traders, and will employ 1.5 lakh people..

We expect by Diwali that more merchants, especially from Surat and neighbouring areas, will start their offices in the Diamond Bourse..

Another option is a bus service that Surat Diamond Bourse authorities started from Mahidharpura, Varachha and Chowksi Chowk the main areas where traders and brokers buy and sell polished diamonds to merchants to the SDB..

We are going to small traders, holding meetings, requesting them to come to SDB, and telling them how, at the Surat Diamond Bourse, the offices value would go up..

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