The biggest diamonds showroom in Mumbai | Rs.1100crores spent on construction of biggest diamond showroom in Mumbai

The biggest diamonds showroom in Mumbai | Rs.1100crores spent on construction of biggest diamond showroom in Mumbai

Diamond shop

The biggest diamond showroom is being going to be opened in Mumbai.  ‘Bharat Diamond Bourse’ (BDB) located in the Bandra-Kurla complex has been designed by famous architect Balakrishna Doshi.  A cluster of nine buildings each with nine floors which are connected with each other are constructed with Rs.1100crores. This is built to publicize diamonds and diamond ornaments in India and also to offer services to diamond traders, exporters, importers and other investor, informed the sources of BDB.  Diamond processing industry exports are 70 – 75 percent and nearly 8.50 lakh people are employed in this industry.  There are 400 diamond exporters in BDB and their share in export turnover is around 90%.  Presently diamond export turnover in India is Rs.1.19 lakh crores to Rs.1.23 lakh crores.  BDB is expecting to increase the turnover by at least 10-15 percent every year for the next five years.  India is the main country in the world in diamond exports.  Every 11 of 12 diamonds available in the world are processed here.   BDB will work towards creating an own brand for India in Diamond, stones and gems jewellery.

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