Alpari Financial Service (India) has recently announced the opening of its new office in Surat. The announcement was made as a part of the company's aggressive growth and expansion program.

The new office of Alpari is located in Union Trade Centre, Near Apple Hospital, Udhana Darwaja, Ring Road that is considered as a financial and commercial hub of Surat.

From Alpari.co.in:

Alpari's new office was inaugurated by Mr. Dinesh Navadiya, President of SDA (Surat Diamond Association). SDA is a non-profit organization, with a membership of more than 2000 members including DTC Sightholders to very small manufacturers engaged in activities of import of rough, trading in rough, cutting and polishing of diamonds, trading of polished diamonds, technology and service providers as well as people involved in brokerage and contract work in the Gem and Jewellery segment.

Said Mr. Dinesh Navadiya, President of SDA, “We are happy to see a global company making a local presence in SURAT. And, I believe it will be able to provide tremendous value to the business fraternity especially to the diamond businesses, who are constantly exposed to the risks of currency fluctuation. Recent fluctuation in the Dollar Rupee Rates is one of the classic examples of how serious an impact currency fluctuations can make on our businesses. I am sure Alpari's global expertise will be of tremendous assistance to the traders of Surat.

Mr. Pramit Brahmbhatt, CEO, Alpari India said, “Surat was always a strategically important market for Alpari Financial Services. Being known in the business fraternity as the Diamond Hub, city of Surat is full of entrepreneurs, SMEs, offices of large Corporates and Global Importers & Exporters. All of them in some or the other form do have a requirement of Hedging for their businesses. At Alpari India we have an expertise and understanding of the best in Currency markets, thereby offering most suitable advise to the businesses.”