Surat: In an unprecedented Diwali bonanza, Surat-based diamond firm Hare Krishna Exports has given 400 flats and 1,260 cars to his well-performing staffers.
After one-year of evaluation of their performance, the management selected 1,660 employees for their exceptional work, devotion and loyalty towards the company. This novel reward would cost the firm Rs 51 crore.
The bonus, which were announced at an informal meeting of employees, on Tuesday have been an annual ritual at Hare Krishna Exports.
Surat-based billionaire diamond merchant Savji Dholakia is known for his benevolent Diwali gifts to his employees. Last year, Dholakia’s company similarly gave 491 cars and 200 flats to its employees. The year before that, it spent Rs 50 crore on performance incentives.
The diamond merchant, who hails from Dudhala village in Amreli district in Saurashtra region, established and nurtured his business using a loan from his uncle. He had sent his son Dravya to eke out a job in Kerala to learn the ropes.
The diamond trading firm had registered a turnover of over Rs 6,000 crore last year.