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"Signs and symbols rule the world, not words nor laws": Surat Diamond Bourse becomes world's largest office complex beating Pentagon and the tallest building Burj Khalifa, standing as a symbol of India's architectural prowess and entrepreneurial spirit

PM Modi bestowed a magnificent 7.5-carat lab-grown green diamond upon Jill Biden, a gesture that left a lasting impression
 |  Satyaagrah  |  News
Surat Diamond Bourse: Where Brilliance Meets Visionary Design
Surat Diamond Bourse: Where Brilliance Meets Visionary Design

Surat, the diamond capital of India, now boasts the world's largest office complex – the magnificent Surat Diamond Bourse. Surpassing even the renowned Pentagon, this iconic structure is a testament to India's architectural prowess and entrepreneurial spirit. With its grand opening scheduled for November 21, 2023, in the presence of Prime Minister Narendra Modi, the nation is filled with excitement and pride.

Unmatched in Scale and Splendor

Spread across an astounding 6.7 million square feet, the Surat Diamond Bourse stands tall as the epitome of grandeur. Its construction, costing Rs 3,000 crores, was led by Manit Rastogi, the visionary architect and founding partner of Morphogenesis. Following an international design competition, Rastogi was entrusted with the responsibility of creating this architectural marvel.

A Complex that Inspires Awe The Surat Diamond Bourse comprises a network of nine interconnected buildings, united by a spacious 24-feet-wide spine corridor. Rising up to 15 storeys, each building, along with a ground floor, houses a vibrant community of 4,500 diamond trading offices. These offices span a vast area of 35.54 acres, providing a thriving workspace for 67,000 diamond professionals, including skilled cutters, polishers, and traders.

Luxury and Convenience Within Reach The offices within the Surat Diamond Bourse range from 300 to 75,000 square feet, catering to various business needs. The complex also features a massive 2 million square feet basement parking area, ensuring ample space for vehicles. As a testament to its commitment to safety, the bourse is equipped with highly secure campus checkpoints, CCTV surveillance, control rooms, public announcement systems, and under car scanners at entry gates.

A Sustainable Jewel

The Surat Diamond Bourse proudly holds a platinum ranking from the Indian Green Building Council (IGBC). It embraces eco-friendly design principles, with its central spine cleverly shaped to channel refreshing winds throughout the structure. Radiant cooling techniques, such as circulating chilled water under the floors, maintain comfortable indoor temperatures. The offices themselves overlook mesmerizing landscape courts, inspired by the concept of "Panchtatva" – the harmony of the five elements: air, water, fire, earth, and sky.

A World-Class Hub of Excellence

The Surat Diamond Bourse offers a plethora of state-of-the-art facilities and amenities. It houses safe deposit vaults, conference halls, multi-purpose halls, restaurants, banks, customs clearance houses, convention and exhibition centers, training facilities, entertainment areas, and even a club. The complex also features a dedicated recreational zone, serving as a perfect meeting space for both formal and informal gatherings.

A Soothing Promenade and Unforgettable Entrance | Walking through the Surat Diamond Bourse is a serene experience, surrounded by lush green landscapes and verdant plantations. The facility's internal landscape is adorned with greenery, creating a refreshing and inviting atmosphere. The entrance itself is a picturesque gateway, captivating visitors with its scenic beauty. Designed for optimal functionality and smooth traffic flow, the drop-off area provides ample space for vehicles and ensures convenience for all occupants. Well-organized pedestrian and vehicular movement spaces, coupled with strategically placed entry and exit points, enhance efficiency and security.

The Magnificent Atrium | At the heart of the Surat Diamond Bourse lies the stunning central spine corridor, featuring a grand atrium with exquisite indoor landscaping. This architectural masterpiece draws the gaze of all who pass through, while serving as a vital transit line connecting the entire building. Natural light floods the atrium, creating an ambiance of openness and tranquility. The corridor's radiant cooling system maintains a pleasant environment throughout the day, while well-designed green spaces and food courts on each floor provide perfect settings for informal discussions and socializing.

A Symbol of Progress and Achievement

After four years of dedicated construction, the Surat Diamond Bourse is set to open its doors on November 21, 2023. Prime Minister Narendra Modi will grace the occasion, celebrating the bourse as a symbol of Surat's vibrant diamond industry, India's entrepreneurial spirit, and the nation's commitment to trade, innovation, and collaboration. The bourse is poised to make significant contributions to the economy, foster employment opportunities, and showcase Surat's dynamism and growth to the world.

In a tweet, Prime Minister Modi expressed his pride in the Surat Diamond Bourse, acknowledging its potential to transform the diamond industry. He emphasized its role as a hub for trade, innovation, and collaboration, highlighting its positive impact on India's economy. The grand opening of the Surat Diamond Bourse is a momentous occasion, elevating the nation's aspirations and solidifying its position on the global stage.

The Surat Diamond Bourse is a not-for-profit organization promoted by SDB Diamond Bourse, a company registered under section 8 of the Companies Act, 2013 and formed for the establishment & promotion of Diamond Bourse in Surat, Gujarat.

Surat Diamond Bourse is a diamond trade center, located in DREAM City, Surat, Gujarat, India. The world’s largest Diamond Bourse, which will be an International Trading Center, will start operating before Diwali 2022, in Surat.

Objectives of SDB:

  • To promote imports, exports, and trading of Diamonds, Gems & Jewellery from India.
  • To provide state-of-the-art infrastructure to the organizations engaged in manufacturing & trading diamonds.
  • To promote, advance, protect and develop trade, commerce, and industry relating to Gems & Jewellery including cutting, polishing, and processing.
  • To establish and maintain an International Trading Center in India to facilitate the Diamond, Gems & Jewellery industry.
  • To develop India as a modern and sophisticated Diamond, gem & Jewellery market in the world.

Largest International Trade Center | Currently, India’s largest diamond trade hub is Bharat Diamond Bourse in Mumbai. But the Surat Diamond Bourse has been hailed as the world’s largest office building with a single basement. It is larger than Burj Khalifa, the tallest building in Dubai, and the Pentagon area.

Green Building Concept

SDB is setting standards in the Commercial sector, with the development and maintenance of ecological standards, hence accoladed with an IGBC ranking of PLATINUM RATED BUILDING. The structure design is focused on energy efficiency and sensitive to the industry’s dependence upon sunlight, mainly for assorting and grading diamonds, thus letting ample daylight in all office spaces.

  • All Entrance Foyers, Spine Corridor, and Lift Lobbies on Ground Floor are Air Conditioned through a chilled water-cooling system, with each sighting onto the exquisitely designed landscape courts, spanning almost 200 ft wide and 300 ft long.
  • Spine corridors on the upper floors have a radiant cooling system to maintain a pleasant environment, during transit.
  • It will also have 100% power backup, for common areas and offices.

Sustainability is one of the most important aspects apart from the astonishing aesthetics & landscaping, contemplated in to design of this facility. Aspects, considered, for the same are:

  • Microclimate – to maintain the temperature within the confined spaces
  • Solar control – to reduce the direct heating due to sunlight
  • Wind Analysis – to evaluate and maximize natural ventilation, Orientation according to Sun and Wind direction
  • Energy Performance – for energy efficiency and WWR

All retailers and wholesalers will work here together. The entire SDB will be creating more than 1.5 lakh jobs. With the creation of employment, this scheme will also benefit the government by about Rs. 2 lakh.

SDB with Mumbai

In a circular issued to its members, the Surat Diamond Bourse committee stated that the members winding up their polished diamond trading from Mumbai will feature in the ‘leading members’ list on the huge display at the SDB reception area.

Moreover, the members starting the polished diamond trading from SDB in the 1st phase will be provided with a 100% exemption from the payment of monthly maintenance for 6 months.

Vallabh Lakhani, Chairman, Surat Diamond Bourse, told about the scheme to boost the Surat Diamond Bourse business, where most of the diamond companies are ready to close down in Mumbai and run entirely from Surat because of this scheme.

If Surat is the diamond manufacturing hub, it is Mumbai that has given the true identity to the diamond industry in the world by being the diamond trading center.

Prime Minister Narendra Modi's Gift: A Shining Symbol of India's Excellence

During his State visit to the US, Prime Minister Narendra Modi presented an array of unique gifts to President Joe Biden and First Lady Jill Biden. One particular gift stood out, capturing everyone's attention with its sparkle and significance.

PM Modi bestowed a magnificent 7.5-carat lab-grown green diamond upon Jill Biden, a gesture that left a lasting impression. The diamond was crafted by Surat-based diamond manufacturing company, Green Lab Diamond, owned by businessman Mukesh Patel.

The inclusion of this diamond in the gift exchange holds great pride, not only for Surat but for the entire nation. It showcases India's commitment to the 'Aatmanirbhar Bharat' (self-reliant India) initiative, as it was cut and polished in Surat, a testament to the city's expertise in diamond manufacturing.

Surat's lab-grown diamonds have gained worldwide recognition and are now being exported to various countries. The green diamond gifted to Jill Biden is a remarkable creation, possessing chemical and optical properties similar to naturally mined diamonds. In line with India's environmental consciousness, this diamond is also eco-friendly, utilizing sustainable resources like solar and wind power during its production.

Although the exact value of the gem is indeterminate, its substantial size of 7.5 carats symbolizes India's 75 years of Independence, adding a patriotic touch to the gift.

Crafted with precision and care, the green diamond exemplifies the pinnacle of technology in diamond sculpting. Emitting a mere 0.028 grams of carbon per carat, it attests to the commitment to sustainability. The gem is certified by the prestigious Gemological lab, IGI, and bears the hallmarks of excellence through the 4C's – cut, color, carat, and clarity.

Moreover, the lab-grown diamond industry holds immense potential for employment generation, offering opportunities for lakhs of individuals. It serves as a shining example of India's entrepreneurial spirit and technological prowess.

PM Modi's gift of the lab-grown green diamond not only symbolizes the deepening friendship between India and the US but also represents India's triumph in the field of diamond manufacturing. It showcases the country's commitment to innovation, sustainability, and self-reliance, filling every Indian heart with pride and reinforcing our nationalistic spirit.

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