There are talks that Mumbai's prestigious Bharat Diamond Bourse may shift to Surat.
The proposed exchange is likely to be almost as big as Mumbai's Bharat Diamond Bourse, now said to be fully occupied.
Contract finally given for Rs 2,400-cr project, with GIFT City-like features
Overall gross import of rough diamonds between April to November 2019 has shown a decline of 17.24 per cent to $8.55 billion from $10.34 billion registered during April to November 2018. This is one of sharpest fall in import of diamond in India in last one decade.
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