Barely a month after the grand inauguration of the Surat Diamond Bourse (SDB), promoters of Kiran Gems and Diamonds, one of the largest diamond companies in India, have chosen to return to Bharat Diamond Bourse (BDB) in Mumbai for now. Officials at SDB have said this is a temporary arrangement and the decision is grounded in the anticipation of a fully operational Surat bourse later this year.

Kiran Gems and Diamonds is chaired by Vallabh Lakhani, who also serves as the chairman of