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Indian Entrepeneur Gifts 400 Flats And 1260 Cars To His Employees On Diwali

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Indian billionaire, Savji Dholakia, has again made headlines for his exemplary benevolence as he made the holiday season for his employees extra special. This Surat-based diamond tycoon has handed over 1,260 cars and 400 apartment suites to his high performing staff on the occasion of Diwali, the Hindu Festival of Lights on Oct. 30.

His company, Hari Krishna Exports, is worth over 6,000 crores (nearly $1 billion USD) and is a top dog when it comes to diamond companies in India. It’s employees now will take part of the loan instalments on the cars and apartments, out of which Rs. 5000 per month will be paid for by the company over five years. Employees who already had cars were given apartments, and over 1,700 lucky people were selected for this incredible gift.

Pic Credits: manoramaonline

Pic Credits: manoramaonline

Savji Dholakia said in an interview,

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 “We have selected 1,716 employees as the best performers this year. We are arranging for houses for those who already own cars, while those who don’t have a four-wheeler will get one. The 400 flats each of 1,100 square feet would be allotted in a housing scheme of the company itself. The flats would come dirt cheap at Rs 15 lakh and the monthly instalment, which the employee will start paying after five years will be Rs 11,000.”

The bonus was announced at an informal meeting of employees on Tuesday, and this has been an annual ritual at Hare Krishna Exports. Last year, Dholakia gave away 490 cars and 200 apartments to employees.

They say happy employees means a happy company, and it seems that nobody understands this better than Dholakia.

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