The Hon’ble Consul General of India to Dubai, Shri Vishnu Vardhan Reddy, visited the BDB complex on July 24, and after being shown around the complex, engaged with members of the Bourse Committee.
The visit enabled the CG to gather better insights into the functioning of the diamond trade, the operations within the Bourse. He also observed the smooth functioning of import-export trade in diamonds between the two countries, facilitated by the PCCCC run by Indian Customs within the complex.
UAE is one of India’s most significant trading partners in the field of diamonds and jewellery. Bilateral trade between the two countries reached US$33.51 billion in FY2025-26.
In addition to a tour of the complex to understand the complete cycle from the import of rough to the export of polished, Shri Reddy also spent time interacting with Mehul Shah, VP, BDB and other committee members.
The BDB Committee highlighted the close connections between diamond companies in Mumbai and those in Dubai, as well as the regular interactions between the two centres. They thanked Shri Reddy for the cooperation they have always received from the Indian embassy and expressed the confidence that this visit would further smoothen the movement of import-export parcels between the two countries.
Shri Reddy appreciated the global standards of the infrastructure and systems within the Bourse, and the professionalism with which the import-export trade operates and ensured the BDB committee of all support from the officials at the Indian Embassy in the UAE.
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