PM Modi Unveils Surat Airport's Diamond Bourse and Terminal Expansion

19 Dec 2023 CW Team

In a significant development for Surat's economic landscape, Prime Minister Narendra Modi recently inaugurated the much-anticipated Diamond Bourse and the new Integrated Terminal Building at Surat Airport.

The event marked a milestone in the city's growth as a global diamond trading hub. The Diamond Bourse, a state-of-the-art facility, is poised to strengthen Surat's position as a key player in the international diamond market.

The newly unveiled Integrated Terminal Building adds to the city's infrastructure, promising a seamless and modern travel experience for passengers.

The expansion aligns with the government's commitment to bolstering regional connectivity and fostering economic development in smaller cities.

Surat, known as the "Diamond City," holds a prominent place in the world's diamond trade, and the inauguration of the Diamond Bourse is expected to further boost this reputation.

The facility provides a dedicated space for diamond traders and businesses, fostering collaboration and streamlining operations within the industry.

The move is anticipated to attract global diamond dealers, enhancing Surat's standing in the international diamond trade circuit.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..