Bharat Diamond Bourse (BDB) is a service oriented non-profit making guarantee company registered in 1984 under section 25 of the Companies Act. It was originally formed by the Members of Diamond Exporters Fraternity along with Minerals and Metals Trading Corporation of India (MMTC). Objective BDB was set up for the primary objective of establishing necessary infrastructural facilities for promotion of export of diamonds including diamond jewellery from India and to provide for this purpose all support and service facilities so as to eventually make India an International Trading Centre for Gems & Jewellery. The main objectives to be pursued by the company on its incorporation are: To establish a bourse for promotion and export of diamonds from India and to provide for this purpose,the infrastructure and other facilities in India for Indian and overseas buyers and sellers. To establish and promote an effective liaison between the diamond trade and the diamond industry in India and abroad with a view to promoting their sales from India in International Markets To promote, advance, protect and develop trade, commerce and industry in India relating to exports and imports of diamonds. To develop and establish India as a modern and sophisticated diamond market in the world by establishing and maintaining an international trading centre in India for all those engaged as manufacturers, brokers and commission agents of diamonds.