India

Surat diamond exporter showers flats, cars on staff

October 21, 2014 10:22 PM

Surat-based diamond exporter Savji Dholakia has gifted 1,216 of his employees flats, cars and gold and diamond jewellery, as part of a loyalty programme.

With his company, Hari Krishna Exports, expected to record Rs 6,000 crore of exports, founder chairman Dholakia has given away Rs 50 crore worth of benefits to various employees, over and above the annual Diwali bonus. While about 200 employees who did not own houses received about Rs 4 lakh each to buy flats, 491 who didn't own cars were given new Fiat Puntos. Another 525 employees were gifted gold & diamond jewellery.

The company ensured only those who didn't own houses were eligible for flats, while those owning house but not cars got Puntos.

It not only gave away Rs 4 lakh each as down-payment for buying residential flats worth Rs 16 lakh each, but also offered interest-free loans for the remaining payment of Rs 12 lakh.

"In 1991, we recorded our first exports, worth Rs 1 crore. Today, our employees have led us to Rs 6,000 crore worth of exports. We have always believed in motivating our employees and, therefore, planned a loyalty programme this time to identify about 1,200 employees who contributed significantly to our growth. We had earmarked about Rs 50 crore as part of the loyalty programme," Dholakia said, adding last year, the company had gifted cars to 72 such employees.

 

src:sify.com

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