GOVIND LALJIBHAI
DHOLAKIA, 74 Surat, Gujarat
Company Shree Ramkrishna Exports Pvt Ltd
Net Worth Rs 4,800 crore
A Cut Above the Rest
Known as GLD in business circles and Govind kaka at home, Govind Laljibhai Dholakia was born in a remote village in Gujarat and grew up working on a farm. When he came to Surat in 1964, “I’d work 14 hours a day,” he says, “like the 200-300 other diamond polishers in the city.” One could turn only 28 per cent of the rough stone into a finished diamond, but with persistence and scientific cutting, Dholakia managed to salvage 34 per cent, making it a bigger gem of higher value. "But my employer asked me to replace it with a smaller one. I refused," he recalls. It became a trigger for him to start his own company, Shree Ramkrishna Exports, in 1970.
Located in Katargam-the heart of the global diamond trade in Surat-the six-storey SRK Empire and the adjacent nine-storey SRK House serve as the company headquarters.
With 6,000 employees, a turnover of Rs 16,000 crore in 2021-22, the company boasts a clientele that includes Tanishq and De Beers.
His success has made Dholakia popular in the B-school circuit, where he lectures about both his growth and values. -Jumana Shah
Where he invests profits Back into business or in charitable ventures
Esta historia es de la edición November 21, 2022 de India Today.
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