Surat Diamond Bourse to be biggest CVD diamond hub in next two years: Sanghavi
Business 05 Apr, 2026

Surat Diamond Bourse to be biggest CVD diamond hub in next two years: Sanghavi

Business To Business, Mumbai, 05 April 2026: Harsh Sanghavi has said that the Surat Diamond Bourse (SDB) is set to emerge as the world’s largest hub for Chemical Vapor Deposition (CVD) diamonds within the next two years.

  • SDB is expected to become a major global centre for both lab-grown (CVD) and natural diamonds.
  • The diamond trade hub is gradually shifting from Mumbai to Surat due to rapid infrastructure and business expansion.
  • Around 1,500 offices are projected to be operational within a year:
    • 500 new offices likely to open in the next five months
  • Already a global leader in diamond cutting and polishing
  • Increasing focus on lab-grown diamonds (CVD), which are gaining popularity worldwide
  • Modern infrastructure at SDB attracting traders and exporters
The rapid growth of SDB signals:
  • A shift in India’s diamond ecosystem from Mumbai to Surat
  • Rising importance of lab-grown diamonds in global markets
  • Potential boost to exports, employment, and Gujarat’s economy
If current trends continue, Surat could soon dominate not just processing, but also trading and distribution in the global diamond industry.

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