How Did Surat Become Diamond City?
Surat, a city in the Indian state of Gujarat, became known as the “Diamond City” due to its thriving diamond-cutting and polishing industry.
The city has a long history of diamond cutting and polishing, dating back to the 16th century when it was a major trading center for diamonds and other precious stones.
In the 19th century, the city’s diamond industry began to flourish, and today it is the largest center for diamond cutting and polishing in the world, accounting for over 90% of the world’s diamonds.
The industry employs over 500,000 people and generates billions of dollars in revenue annually.
Surat’s diamond-cutting and polishing industry have a long and rich history. The city was a major trading center for diamonds and other precious stones in the 16th century, and by the 19th century, the diamond industry in Surat had begun to flourish.
The diamond industry in Surat is unique in that it is primarily composed of small, family-run businesses, which is why it has been able to sustain itself for so long.
What is the Real Speciality of the Surat- The Diamond City of India?
The majority of diamonds in Surat are imported rough diamonds, which are then cut and polished by skilled artisans.
Surat’s diamond cutting and polishing industry are known for its efficiency and high-quality work.
The city is home to state-of-the-art cutting and polishing factories, as well as a large number of skilled workers who have been trained in the latest techniques.
This, along with the city’s favorable business environment, has helped Surat to become the largest center for diamond cutting and polishing in the world, accounting for over 90% of the world’s diamonds.
Today, the diamond industry in Surat employs over 500,000 people and generates billions of dollars in revenue annually. It is a major contributor to the city’s economy, and it is also a major exporter of diamonds, with the majority of its diamonds being exported to countries such as the United States, China, and Europe.
The city of Surat is also known for its diamond trading hubs like Varachha and Mini Bazaar. The city also has a good infrastructure and has developed as a major business hub in Gujarat, which is why it is called “The Diamond City of India”.
Final Conclusion on How Did Surat Become Diamond City?
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