Prime Minister Modi to Inaugurate World’s Largest Diamond Bourse in Surat, Gujarat, India

Date:

Updated: [falahcoin_post_modified_date]

Surat (Gujarat) [India], December 16: Prime Minister Narendra Modi will inaugurate the Surat Diamond Bourse in Gujarat on December 17, making it the world’s largest and most advanced hub for international diamond and jewellery trade. This state-of-the-art facility will serve as a global center for both rough and polished diamonds, as well as jewellery, facilitating seamless trading operations.

The Surat Diamond Bourse will encompass a cutting-edge ‘Customs Clearance House’ for efficient import and export processes, a retail jewellery mall to cater to the needs of consumers, and a specialized facility for international banking and safe storage of valuable assets. The bourse’s infrastructure aims to enhance the industry’s efficiency and support the growth and expansion of the diamond and jewellery businesses.

Additionally, during his visit, PM Modi will also inaugurate the new terminal building at Surat Airport, constructed at a cost of Rs 353 crore. The revamped terminal is designed with the architectural beauty of Kashta houses in Rander, showcasing a heritage look. This development will significantly augment the airport’s capacity, enabling it to handle up to 1,800 passengers per hour during peak hours and serving approximately 3.5 million passengers annually.

After these inaugurations, the Prime Minister will embark on a two-day visit to Varanasi. There, he will flag off the city’s second Vande Bharat Express, running between Varanasi and Delhi. This high-speed rail service will provide a quick and convenient mode of transportation for passengers traveling between the two cities.

The unveiling of the Surat Diamond Bourse and the new terminal building at Surat Airport not only signify significant advancements for Gujarat but also demonstrate the government’s commitment to fostering growth and development across various sectors. These initiatives will undoubtedly boost trade and tourism, solidifying India’s position as a key player in the global diamond and jewellery industry.

The prime minister’s visit to Varanasi further underscores the government’s efforts to enhance connectivity and improve transportation infrastructure. The introduction of the Vande Bharat Express is expected to greatly benefit both locals and tourists, further promoting economic growth in the region.

As the inauguration of the Surat Diamond Bourse and the new terminal building at Surat Airport draws near, the anticipation among industry stakeholders and locals continues to mount. These landmark achievements are poised to revolutionize the diamond and jewellery ecosystem in India and consolidate the nation’s standing in the international marketplace. With each step towards progress, the government is paving the way for a brighter future, empowering industries and transforming the nation’s landscape.

[single_post_faqs]
Jaishankar BH
Jaishankar BH
Jaishankar BH, the experienced author behind The Reportify, brings a wealth of knowledge in Indian news. With a deep understanding of the country's political landscape and cultural nuances, Jaishankar delivers insightful and well-researched analysis. Stay informed and enlightened with Jaishankar's expertise at The Reportify. He can be reached at jaishankar@thereportify.com for any inquiries or further information.

Share post:

Subscribe

Popular

More like this
Related

Revolutionary Small Business Exchange Network Connects Sellers and Buyers

Revolutionary SBEN connects small business sellers and buyers, transforming the way businesses are bought and sold in the U.S.

District 1 Commissioner Race Results Delayed by Recounts & Ballot Reviews, US

District 1 Commissioner Race in Orange County faces delays with recounts and ballot reviews. Find out who will come out on top in this close election.

Fed Minutes Hint at Potential Rate Cut in September amid Economic Uncertainty, US

Federal Reserve minutes suggest potential rate cut in September amid economic uncertainty. Find out more about the upcoming policy decisions.

Baltimore Orioles Host First-Ever ‘Faith Night’ with Players Sharing Testimonies, US

Experience the powerful testimonies of Baltimore Orioles players on their first-ever 'Faith Night.' Hear how their faith impacts their lives on and off the field.