February 21, 2026 3:54 PM
Surat emerges as ‘Global Trade Hub’ with $10.55 bn exports
Surat has emerged as a major global trade hub, recording exports of $10.55 billion (nearly Rs 95,710 crore) in the financial year 2024-25. The city, known for its diamond industry, silk sarees, and textiles, has been a key contributor to Gujarat’s export economy, which accounted for over 27 per cent of India’s total exports, valued at Rs 9.83 lakh crore during the same period. The Surat region processes around 90 per cent of the world’s diamonds, with the gems and jewellery sector repr...