Remarkable growth in buyers at carat – Surat Diamond Expo 2024

Jul 18, 2024

Image 1President of Surat Diamond Association Mr. Jagdishbhai Khunt (left), Chairman of Surat Diamond Bourse Mr. Govindbhai Dholakiya (centre), Vice-President of SDA Mr. Gourav Sethi (right)

The diamond industry gathered in Surat city for an exhilarating three-day showcase of loose diamond, natural diamond, lab-grown diamond,. jewellery, machinery, software and cutting-edge technology, held from L2th July to L4th July 2024 at the Surat International Exhibition and Convention Centre located at Sarsana, Surat. Organized by Surat Diamond Association, this premier B2B event brought together leading manufacturers, industry experts, and enthusiasts from around the country.

The exhibition venue was abuzzwith excitement and energy as visitors explored a vast array of some of the most stunning pieces of diamonds, including rose cut, polki, fancy shapes, round brilliant cut, single cut, marquises among others, and groundbreaking machinery and technologies showcased by over 118 leading exhibitors.

Image 4Esteemed Guests Mr. Vallabhbhai Lakhani and Mr. Arvindbhai Dhanera at the event

President of Surat Diamond Association Mr. Jagdishbhai Khunt has expressed profound satisfaction with the overwhelmingly positive outcome of this year’s event. He informed that CARATS set a new benchmark in the diamond industry with an extraordinary turnout of over 10,000 enthusiastic visitors. This milestone attendance underscores the exhibition’s position as a leading platform for showcasing innovation and excellence in diamond industry.

He further expressed with delight that the event achieved exceptional success, facilitating business transactions exceeding 125 crores. The substantial business generated reflects the industry’s confidence in leveraging innovative solutions to meet evolving market demands. The event attracted a diverse international audience and drew visitors from around the world, like Moldovq Tanzaniao Thailand, Russia, Dubai and Hong-Kong. The exhibition floor buzzed with excitement as foreign visitors converged to explore the latest advancements and innovations showcased by exhibitors. The show also witnessed a significant presence of national and international buyers. Buyers had the opportunity to source new products and establish long-term business relationships.

Image 3The venue was also graced by the presence of distinguished guests including Chairman of Surat Diamond Bourse Mr. Govindbhai Dholakiya, Mayor of Surat city Mr. Daxesh Mavani, Member of Lok Sabha from Rajkot Mr. Parshottam Rupala, Vice-Chairman of Surat Diamond Bourse Mr. Laljibhai Patel, President of Surat Diamond Bourse Mr. Arvindbhai Dhanera and Education minister of Gujarat Mr. Praful Pansheriya. The presence of such notable guests enriched the event’s’program with insightful discussions and exclusive interactions with the exhibitors. Prominent names in the diamond manufacturing sectors, including Mr. Vallabhbhai Lakhani of Kiran Gems and Director of Laxmi Diamonds Mr. Bakulbhai Gajera have enthusiastically confirmed their participation in the upcoming edition of the exhibition. Their early commitment underscores the exhibition’s reputation as a premier event for innovation, collaboration, and business development within the industry.

Image 2The pivotal role of the event’s convenors, Mr. Vinod Dabhi, Mr. Jayesh Patel and Mr. Chandrakant Tejani in orchestrating this prestigious gathering of industry leaders, innovators, and enthusiasts has been instrumental in shaping the event’s success and impact on the diamond manufacturing sector. The convenors express immense satisfaction with the overwhelming positive response and outcomes achieved during the exhibition.

Looking ahead, SDA is enthusiastic about building on the momentum generated by this year’s exhibition. They remain committed to delivering future editions that continue to exceed expectations, offering expanded opportunities for business development and technological advancement. The positive feedback and participation froin this year’s exhibition reinforce SDA’s confidence in the event’s ability to drive positive change and elevate industry standards worldwide.

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