Monday 20 October 2014

India Merchant Gives Diwali Gifts worth Rs 50 Crore

As India celebrates Diwali with gifts and sweets all around, gifts earned by 1200 employees of ‘Hrishikesh Exporters’, one of the many diamond export companies in India’s Gujarat, received worldwide attention.

The total amount of the gifts Savji Dholakia gave away to his 1200 employees this Diwali fetched nearly Rs 50 crore. Dholakia, who runs a diamond export company in Surat, gave away 491 cars, 525 pieces of diamond jewellery and 200 apartments to mark Diwali. Dholakia has been rewarding his employees lavishly since 2012, when he gave away cars to three employees. Last year, he gifted cars to 72 employees.

Surat is the hub of India's thriving diamond trade where rough diamonds are polished and exported. His company, Hrishikesh Exporters, is one of the most prominent diamond exporters in Surat and has offices in the US, Belgium and China.

Nearly 400,000 people are engaged in cutting and polishing diamonds in more than 2,500 factories in Surat.

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