Diwali 2016 bonus: Indian businessman gifts 400 flats, 1260 cars to employees

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In a move to appreciate the hard work of his employees, Savji Dholakia, owner of Surat-based Hare Krishna Exports, has gifted 400 flats and 1,260 cars as Diwali bonuses to them.

Hare Krishna Exports, Dholakia’s diamond firm, has spent Rs 51 crores on Diwali bonuses this year, Times of India has reported.

As many as 1,716 employees were named as the company’s best performers.

The bonuses, which were announced at an informal meeting of employees on Tuesday, have been an annual ritual at Hare Krishna Exports since 2011.

In 2014, Dholakia’s company gifted 491 cars and 207 flats to its employees. The year before that, it spent Rs. 50 crore on performance incentives, Dholakia said.

Dholakia, who hails from Dudhala village in Amreli district, established and grew his diamond business using a loan from his uncle.

Dholakia, who hails from Dudhala village in Amreli district, established and grew his diamond business using a loan from his uncle.

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His considerable wealth wasn’t earned overnight, and he has sought to impart that wisdom to his son Dravya, whom he sent to Kochi with three sets of clothing and Rs 7,000 emergency money, so that the young man could learn what’s it’s like to stand on his own feet.

The festival of Diwali will be celebrated on October 30 this year.

- Published on 27 October 2016 - Image is from 2014

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