Sunday, April 15, 2018

The Gems and Jewelery Export Promotion Council (GJEPC), the Bharat Diamond Bourse (BDB) and the Mumbai Diamond Merchants' Association (MDMA) issued a statement that says, , that the Mumbai diamantaires, especially those who work in the modern exchange building in the complex of the Andra-Kurla Complex, are very satisfied with their business in the financial capital of India and do not plan to move to the established Surat Diamond Bourse (SDB) .
A joint statement of the three above mentioned organizations notes that most manufacturers and traders in Mumbai expressed concern after the idea of moving offices of diamond traders from the financial capital appeared. The statement provides a detailed description of the Mumbai diamond trade and reports that Mumbai is the key center of the global diamond business, possessing a modern world-class infrastructure with international air traffic, access to financial and banking services and human resources.
The Indian Diamond Exchange (BDB) was founded after 20 years of planning and preparation, and many large diamantaires invested tens of millions of rupees to get office space in the Exchange building.
BDB holds about 2,500 offices of diamond companies, as well as units of customs, banking, courier and logistics companies, located on a total area of 2 million square meters.

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