Bid for PM Modi's pinstripe suit rises to Rs 1.85 cr

SURAT : The bid for Prime Minister Narendra Modi's pinstripe suit soared to Rs 1.85 crore on Friday, the third and final day of the auction. The bid was made by Rajesh Jain, owner of an engineering firm in Haryana.

Earlier, the diamond baron spearheading the world-class Surat Diamond Bourse (SDB) project formed a ring to get the personalized monogramed pinstripe suit of the Prime Minister put up at auction in the city's Science Centre.

On the final day, leading diamond company owners including Diamond Trading Company (DTC) sightholders have descended at the auction venue to raise the pitch.

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They have also roped in Lavji Badhsha (Patel), a former diamantaires, who is now into realty business, in a big way. After the Dharmanandan Diamond company raised the suit price at Rs 1.61 crore, a textile trader named Rajesh Jain bid for 1.65 crore.

However, Lavji Badhsha threw his hat in the ring by increasing the bid money at 1.71 crore.

A diamond baron said, "We will not let go the Modi suit out of Surat. The suit will be displayed at the upcoming SDB as a memorabilia. For this, we are ready to pay any price at the auction."

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