India is set to become a diamond trading hub in the next two years as the ambitious Bharat Diamond Bourse is expected to start operations at the Bandra-Kurla Complex in Mumbai by this Diwali.
As an international destination the Bharat Diamond Bourse aims to further enhance India position in the world diamond market once it becomes fully operational by October November Bharat Diamond Bourse president Anoop said.
With world class facilities under one roof the bourse world contribute to 90 percent of country’s diamond trading activist he added.
Bharat Diamond Bourse is establishing a 18 lakh sq ft complex at Bandra Kurla Complex a business district in the suburbs at an estimated cost of Rs900-1000crore.
The main objective is to established a bourse for promotion and export of diamonds and to provide infrastructure and other facilities in India for domestic and overseas buyers and sellers of diamonds.
Instituted to cater all the needs of the diamond trade Bharat Diamond Bourse is anticipating to deal with over 30,000 people a day.
The facilities at BDB would include officers of diamond traders strong rooms, locked and customs clearance facilities with all modern facilities required to carry day to day business
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