Bharat Diamond Bourse

Bharat Diamond Bourse
TypeDiamond exchange
LocationMumbai, India
Founded2010
Key peopleAnoop Mehta (President)
Mehul Shah (Vice-President)
Reza Kabul (Architect)
CurrencyIndian rupee
CommoditiesDiamonds
Websitebdbindia.org

Bharat Diamond Bourse (BDB) is the world's largest diamond bourse (exchange) and is located in Mumbai, India.[1] Spread over a 8.1-hectare (20-acre) plot, the complex is home to some 2,500 small and large diamond traders in addition to the Custom House, banks and other service providers who cater to the gems and jewelry trade.[2] The complex contains 26 towers each having nine floors. The total constructed area is 190,000 m2 (2,000,000 sq ft), with two basements of additional 93,000 m2 (1,000,000 sq ft). The facilities at BDB comprise offices of diamond traders, four walk-in vaults, 24,500 safe deposit boxes,[3] a 580-square-metre (6,200 sq ft) trading floor, strong rooms, lockers and customs clearance facilities with all the modern facilities required to carry on day-to-day business.

It is located in the G Block of the Bandra Kurla Complex, between the Mumbai suburbs of Bandra and Kurla. It has an inflow of some 45,000–50,000 people daily.[4][5] BDB handles 98% of diamond exports from India. However the competition arose due to the inauguration of the SDB in Surat.[6]

  1. ^ "World's largest diamond bourse opens in Mumbai". New Indian Express. 17 October 2010.
  2. ^ Prachi Rege (14 October 2010). "Bharat Diamond Bourse to open doors after 18 years". India Today.
  3. ^ Arlene Chang (18 October 2010). "Mumbai's New Diamond Market Opens at Last". blogs.wsj.com. Archived from the original on 20 October 2010.
  4. ^ "Mumbai will have world's largest diamond market". DNA India. 15 October 2010.
  5. ^ "Bharat Diamond Bourse to open on October 17". The Hindu. 15 October 2010.
  6. ^ "Surat diamond bourse awaits Mumbai glitter". 30 May 2023. Archived from the original on 18 June 2023. Retrieved 19 July 2023.