Savji Dholakia who gave flats and cars to employees as a bonus

Savji Dhanji Dholakia, born 12 April 1962, is the founder and chairman of Hari Krishna Exports Pvt. Ltd., a Diamond manufacturing and exporting company with manufacturing units at Surat in Gujarat, India and its marketing and sales office in Mumbai, India. He is known as Mr. Savji Kaka in the diamond circles. His company currently exports finished diamonds to more than 50 countries directly from Mumbai. The company also has affiliates in the US, Belgium, UAE, Hong Kong and China.

At the age of 13, Savji decided to quit studying. He dropped out from school despite resistance from the family. He further persuaded his father to go to Surat to work in the diamond center of his uncle. Persuasion worked and Savji joined the business a polishing worker. He used to get small amount of money as salary. However, he was started to learn the business and also got to know the importance of happy and satisfied employees in the sensitive business of diamond trading.

Currently, Savji Diamond Company is among top three companies in India. And, when it comes to reputation and employees satisfaction in this sector, he ranks first in Relation with Employees.

As mentioned above, Savji has always shown large heart towards his employees. In 2014, he stole the lime light while distributing flats and cars worth Rs. 50 crores to employees as Diwali bonus. In 2016, he again repeated the same largesse and made national headlines.

Savji Dholakia Net Worth

Savji Dholakia is one of the richest Businessperson & listed on most popular Businessperson. According to our analysis, Wikipedia, Forbes & Business Insider, Savji Dholakia‘s net worth $5 Million.

Early life

Image source-NavbharatTimes

Savji Dholakia comes from an extremely middle-class farmer family. He was born in Dudhala, Amreli in Gujarat. He studied in school till the 4th standard and dropped out of school when he was only 13. Then he joined his paternal uncle’s diamond business in Surat. Soon he had his brothers Tulsi and Himmat founded a separate diamond business in 1984. The company grew eventually and developed into a major diamond exporting company employing about 6500 employees back in 2014. At present, more than ten thousand employees work under his company. In 2014, the company witnessed an astonishing turnover of USD 550 million, in other words, INR 4000 crore with a 104% growth from the previous year. Besides being the manager of hare Krishna exports, he is also associated with HK designs and unity jewels.

Career

Right now, Savji Dholakia’s company H.K exports are among the top 5 diamond industries. Over these years it has achieved innumerable awards and honors for its outstanding developments.  Even since he founded this company and started his own diamond business, his net worth has been on a steady rise and currently, it’s US$ 38 million as of 2017. Savji Dholakia was invited as the chief guest along with Sanjay MS Ravel at the Abhar Zindagi event. It was organized by the GEB engineers association at Het ni haveli, Dudhald in Amreli. Savji Dhokalia also organized the 5th Krishna diamond marathon event where 800 runners participated. the purpose of organizing this event was to spread the noble cause of Swachh Bharat Abhiyan and promote a healthy lifestyle and living conditions.

Achievements

Image source-BeMoneyAware

Hare Krishna exports have consistently been the recipient of Gem and Jewellery Export promotion council awards for the last 12 years. Hari Krishna exports private LTD  even won 3 awards at the 45th Indian Gem and jewelry award ceremony presented by the gem and jewelry export promotion council at New Delhi:

Most socially responsible companies- Sri Ghanshyam Dholakia and Sri Hitartch Dholakia were felicitated with the award from commerce minister Shri Piyush Goyal. Cart and polished diamond ( Highest turnover)- Shri Himmat Bhai Dholakia and Srimati Manjula ben Dholakia were felicitated with the award from Vinay Sahasrabuddhe.

Best growing company- Sri Jatin Dholakia and Srimati Raseela ben Dholakia( mother of the former) were felicitated with the award from Doctor Vinay Sahasrabuddhe.

EMPLOYEE RELATIONS

Image source-The Economic Times

Dholakia is best known for giving his employees cars, jewellery and homes worth USD 8 million (50 crore INR) as a reward for meeting targets. He gave away 491 cars (Fiat Punto), 525 pieces of diamond jewellery and 200 apartments to mark the Hindu festival of Diwali in October 2014 as bonuses. He has been rewarding employees of his firm with diamond jewellery, new cars and flats for meeting their annual targets for the last three years. He did it again in October 2015, presenting valuable gifts to selected 1,268 employees. and again in 2016 he had gifted 400 flats and 1,260 cars to his employees.

Savji Dholakia Wife

According to our records, Savji Dholakia married to Gauriben S Dholakia. As of January 12, 2023, Savji Dholakia’s is not dating anyone.

Relationships Record: We have no records of past relationships for Savji Dholakia.

Son of Savji Dholakia

Savji Dholakia is not only a great businessman, but he also wants to keep up with the tradition of working hard to make a mark in this world of cut throat competition. The example of his son is quite interesting.

Image source-T.Gram

The name of Savji Dholakia son is Dhravya. There is no denying that Dhravya is a rich guy. He studied from the best school and later went to the USA to complete MBA. When he returned back to India, Savji sent him to Kerala with three clothes and few cash in hand. He asked him to stay in Kerala where Dhravya never visited, and find a job. Savji also ensured that Dhrvya didn’t get money from any of his friends. He wanted to let his son learn few hard lessons of life. An NDTV reporter followed his son and found him working really hard in a small shop in Kochi to earn few hundred rupees.

Needless to say, Dhravya has now joined the diamond business and expected to take it to new heights. Savji Dholakia and his family members are not just rich; they are living example for everyone.

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