Bharat Diamond Bourse (BDB) is a service oriented non-profit making company registered in 1984. Its main objectives are:
To establish a bourse for the promotion and export of diamonds from India and to provide for the infrastructure and other facilities for Indian and overseas buyers and sellers.
To establish and promote an effective liaison between the diamond trade and the diamond industry in India and abroad with a view to promoting their sales from India in International Markets.
To promote, advance, protect and develop trade, commerce and industry in India relating to exports and imports of diamonds.
To develop and establish India as a modern and sophisticated diamond market in the world by establishing and maintaining an international trading centre in India for all those engaged as manufacturers, brokers and commission agents of diamonds.
Although a young bourse, it only opened in 2010 and the official inauguration taking place this year but this is compensated by its size and is now perhaps the biggest bourse in the world. The complex is massive and spreads over an area of 20 Acres. The total constructed area is two million sq. ft. (190,000 sq. m) with two basements of an additional 1 million sq. ft.
There are 8 interconnected towers of 9 floors and the Bourse houses 2,500 diamond offices of various sizes, with a trading floor of 6,480 sq. ft. In addition there is a large area for banks 79,416 sq. ft., restaurants 31,303 sq. ft., other services 73,094 sq. ft., and a custom’s and clearing agents area of 21,809 sq. ft.
India’s diamond industry accounts for 70-75 percent of total diamond exports in world and employs 850,000 people, making it the largest cutting hub by value and number of employees. Last year, the country’s import of rough diamonds rose 24.5 percent to 149.8 million carats against a year earlier, and export of cut and polished diamonds witnessed a surge of 28.3 percent to 59.9 million carat.
Traders are moving away from the Opera House area, the long-time home of the city’s diamond trade and the dynamics of this promising new complex are awe inspiring.
Address: G Block Bandra Kurla Complex, Trident Rd, Bandra East, Mumbai, Maharashtra 400051, India
Phone: +91 22 2652 2220
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