Claimed by its architects the Delhi-based Morphogenesis as the “world’s biggest workspace”, SDB has reportedly beaten US’s Pentagon in capacity by having 4,200 diamond trading offices, and aims to shift the entire diamond trading business out of Mumbai, to Surat.
The recession in the diamond industry resulted in a decline in exports, majorly to the US and China. Surat is the hub of cutting and polishing of natural as well as lab-grown diamonds.
India News: In a major heist in Surat, Gujarat, five parcels of diamonds worth Rs 5.5 crore were stolen at gunpoint from employees of two courier firms. The robbe