In the wake of eysterday’s bomb blast at Zaveri Bazar and Opera House, more diamond trading units dotted in and around the latter are likely to move to the Bharat Diamond Bourse (BDB) located in the Bandra-Kurla Complex, from their current locations in South Mumbai.
The BDB is located on a two-million sq ft area, with nine buildings spread on a secured 20-acre complex. “By Diwali, at least 70 per cent of the units will get shifted to BDB and we expect about 90-95 per cent traders to shift by July next year. BDB is much safer for the diamond industry, with all the facilities of banks, consultants and ancillary industry also being available there," said Agam Sanghvi, director, Sanghvi Exports.
