Surat Diamond Bourse: In a landmark event that marks a new era in India’s gem and jewelry sector, Prime Minister Narendra Modi inaugurated the Surat Diamond Bourse, the world’s largest office building. This inauguration not only signifies a monumental achievement for India but also sets a new global benchmark, surpassing the iconic Pentagon in the United States.
The Inauguration of the Surat Diamond Bourse: On a historic Sunday, Prime Minister Narendra Modi unveiled the Surat Diamond Bourse, a colossal structure that now holds the title of the world’s largest office building. This event marks a significant milestone, as India overtakes the United States, where the Pentagon has long been recognized as the largest office building. The Surat Diamond Bourse is a testament to India’s growing prominence on the global stage, particularly in the diamond industry.
Surpassing the Pentagon’s Long-Held Record: For eight decades, the Pentagon stood as the world’s largest office building. However, the construction of the Surat Diamond Bourse in Gujarat has reshaped this historical landscape. The building is not just an architectural marvel but also a central hub for diamond trading, reflecting the city’s pivotal role in the global diamond industry.
Surat’s Global Diamond Industry Dominance: Surat’s reputation as the gem capital of the world is further solidified by the establishment of the Surat Diamond Bourse. The city is responsible for cutting 90% of the world’s diamonds, showcasing its unparalleled expertise in this field. The new bourse will accommodate over 65,000 diamond professionals, providing an integrated space for trade, craftsmanship, and business growth.
Architectural and Operational Marvel: Spanning 35 acres, the 15-storey Surat Diamond Bourse comprises nine interconnected rectangular structures. The design facilitates a seamless flow of operations and interactions among businesses. With over 7.1 million square feet of floor space, as reported by the construction company, the building is not just a marvel in size but also in its architectural ingenuity.
Impact on the Diamond Trade and Local Economy: The CEO of the project, Mahesh Gadhvi, highlighted the significance of the Surat Diamond Bourse during its construction phase. The establishment of this megastructure is expected to revolutionize the diamond trade in India. It eliminates the need for thousands of traders and businessmen to commute to Mumbai, thereby centralizing operations and boosting the local economy in Surat.
