DiamondBuzz
1,500 Offices Projected to be Operational at the SDB Within the Next 12 Months
SDB to be Biggest CVD Diamond Hub in Next Two Years: Gujarat Deputy CM
The Surat Diamond Bourse (SDB) is on track to become the world’s preeminent center for CVD lab-grown diamonds within two years, according to Gujarat Deputy Chief Minister Harsh Sanghavi. The shift signals an aggressive pivot in the gemstone industry as the facility targets dominance in Chemical Vapor Deposition (CVD) technology.
Roughly 1,500 offices are projected to be operational at the SDB within the next 12 months. 500 new offices are slated to open their doors over the next five months. Daily registrations at the bourse are currently averaging between 2,800 and 3,200 people, a metric officials point to as evidence of accelerating commercial momentum.
Speaking during a visit to the bourse’s Khajod campus on Saturday, Sanghavi suggested that the historic gravity of the diamond trade is shifting from Mumbai to Surat. The move is fueled by rapid infrastructure development and a growing migration of traders to the newer, sprawling complex in Gujarat.
The regional government is positioning the SDB ecosystem. Sanghavi noted that rough diamond traders are expected to establish a presence within four months, a move intended to consolidate the entire supply chain—from raw stones to finished, polished jewelry—under a single roof.
The rise of the SDB comes as lab-grown diamonds continue to gain market share from natural stones, offering a lower-cost alternative that has found significant traction in the U.S. and European retail markets. By centering its strategy on CVD technology, Surat is betting that the future of the industry lies in the laboratory rather than the mine.
DiamondBuzz
Divine Solitaires Reinforces The Value Of Diamonds Amid Rising Gold Prices and Evolving Consumer Sentiment
Divine Solitaires Shares Its Perspective On Why Natural Diamonds Remain A Timeless and Relevant Choice For Modern Buyers.
Amid recent debates about rising gold prices and changing consumer purchasing habits, Divine Solitaires has provided a timely brand viewpoint pushing customers to reconsider how they approach milestone and aspirational purchases. Drawing on the greater economic conversation about reduced gold dependency and smarter purchasing choices, the brand has proposed a simple but relevant idea: halting gold purchases does not have to imply pausing personal celebrations or dreams.

Built around the message, “A Golden Pause. A Diamond Moment.”, the brand’s latest communication reflects the current market reality, where consumers are becoming more mindful of gold purchases amid unprecedented bullion price hikes and evolving government measures impacting the gold sector. Divine Solitaires believes this moment presents an opportunity for buyers to shift their focus toward natural diamonds, which continue to hold emotional, symbolic, and long-term value for milestone moments.
The idea also stems from a broader industry and economic perspective. While more than 90% of the gold consumed in India is imported, India’s natural diamond ecosystem remains deeply connected to the country’s economy, with Indian artisans cutting and polishing over 90% of the world’s diamonds, most of which are exported globally. Divine Solitaires highlights how choosing natural diamonds not only celebrates emotional and milestone moments, but also supports Indian craftsmanship, employment, foreign exchange generation, and the country’s global leadership in the diamond industry.

Additionally, the brand positions solitaire diamond coins as meaningful modern purchases that can serve as a thoughtful alternative to traditional gold coins. While gold coins often offer limited value addition to the Indian economy due to high import dependency, natural diamonds contribute significantly to India’s craftsmanship, exports, employment, and global industry leadership combining emotional value with lasting economic impact.
Commenting on this perspective, Jignesh Mehta, Founder and MD, Divine Solitaires, said:

“Jewellery has always been deeply emotional, whether it marks love, achievement, commitment, or self-reward. At Divine Solitaires, we looked at the current gold price scenario and felt there was a larger, more relevant consumer conversation to participate in. If buyers are consciously holding back on gold due to current market conditions, it doesn’t mean their celebrations or aspirations should be put on hold.”
He further added,”Natural diamonds offer timeless emotional value and remain deeply aspirational. At the same time, they are part of an industry where India has built extraordinary global leadership through its craftsmanship and processing expertise. This is our way of encouraging consumers to think differently, thoughtfully, and meaningfully in the current environment.”
With this, Divine Solitaires maintains its position as a brand that goes beyond product-driven conversations, engaging with real customer sentiment and bigger societal developments while underlining natural diamonds’ enduring value.
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