This year Savdzhi dholak (Savji Dholakia), a billionaire from Surat, gave its employees 400 apartments and 1260 cars as consolation prizes at the festival of Diwali. His company Hare Krishna Exports spent for these purposes $ 7,670,000. In 2015, she presented their employees 491 cars and 200 apartments.
In 2016, Hare Krishna Exports is celebrating its golden jubilee. A total of 1716 employees were named best production workers of this enterprise. Significant bonuses, which were announced at an informal meeting of employees, has become an annual practice in this company.
Dholak, whose staff respectfully called "Uncle", refers to a diamond cutter as members of his family and encourages them according to their merits before the company. Dholak created and developed its diamond business, using a loan from his uncle a few decades ago. Recently, he was in the headlines by sending his son to the city of Draveil Kochi in southern India with three sets of clothes, and about a hundred dollars for incidental expenses, to give the young person the opportunity to understand what it means to make money and become independent.
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While global commodity markets suffer from low demand and excess supply, India is experiencing a number of interesting legislative changes, including the gold monetization scheme.
Dzheremi Ist (Jeremy East), Managing Director and Head of Standard Chartered Bank (SCB) on metals and commodities in the North-east Asia and mainland China, spoke about the global trends in commodity markets and their likely impact on the Indian gold market.
"Gold is in a somewhat different situation. Gold mining began to decline, and in this and the next year it may fall by 3-4%. On the supply side the gold market ahead of other commodities markets for a couple of years. It can provide support to prices. we expect that this year the gold price will rise "- said the East.
Commenting on the situation in the Indian gold market, he said: "Most of the gold is imported (into India) Meanwhile, the government of this country is to create an internal market for gold and run into the circulation of the existing stocks of the precious metal This must be done now, since the creation.. the internal market and the necessary will require a lot of time for this infrastructure. it is clear that the Indian authorities support the creation of an internal market for the gold industry and all those new initiatives that will help in this endeavor, . Probably, the internal gold market in India will eventually become just as successful as the Chinese. "
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