Richest City in India

SURAT - RICHEST

AHAMEDABAD 5TH RICHEST

SURAT IS THE RICHEST CITY IN INDIA - not Bangalore nor Chennai

AHMEDABAD IS THE 5TH RICHEST, not Mumbai nor Delhi

HOW & WHY?

According to the August 8, 2010 report of the National Council of Applied Economic Research, the richest city in India is now Surat, ahead of Bangalore and Chennai, with an average annual household income of Rs 0.45 million (over $11,000 per year).

80 per cent of all diamonds sold in any part of the world are polished in Surat 's 10,000 diamond units.

The only non-Jews in the Tel Aviv and Jerusalem diamond bourse (stock exchange) are GUJARATIS.

Between 2004-5 and 2008-10 Surat 's middle class doubled in size and its poor reduced by a third.

The fifth richest city in India is now Ahmadabad, ahead of Mumbai and Delhi, and miles ahead of Calcutta.

The percentage of man-days (labour class, manual labour workers etc.) lost in Gujarat due to labour unrest is 0.42 per cent, the lowest in India. Gujaratis DO NOT believe in meaningless strikes, hartals etc.

Of Gujarat's 18,048 villages, 17,940 have electricity. Chief Minister Narendra Modi, has been voted as one of the most dynamic, hard working political leaders in the Country. You can see why. Amma, Didi, Behnji & Manmohan can do well to take a leaf from Modi's book of Excellence.

The world's largest oil refinery is in Jamnagar. Owned by Reliance, it already refines 660,000 barrels of oil every day and will double that this year.

Thirty per cent of India 's cotton is grown in Gujarat.

40 per cent of India 's Art-silk is manufactured in Surat.

Gujarat thus employs atleast 0.7 million people.

The world's third largest Denim manufacturer (for your trusty jeans) is Ahmedabad's Arvind Mills.

The state of Gujarat's GDP has been growing at 12 per cent a year for the last 12 years, as fast as China's.

India's wealthiest man, Mukesh Ambani of Reliance, is a Gujarati. Forbes says he is the world's fifth richest man, worth $43 billion.

Azim Premji of Wipro, is also a Gujarati. He is the world's 21st richest man, worth $17 billion.

Ten of the 25 richest Indians are Gujaratis. Some of the best & shrewdest business communities in India have proud Gujarati Ancestry. Parsis, Jains, Memons, Banias, Khojas, and Bohras - all speak Gujarati.

The two great leaders of the subcontinent, the Mahatma and the Quaid, were both Gujaratis from trading communities. One a Bania, the other a Khoja.

Gujaratis number 55 million, five per cent of India's population living on six per cent of surface area, but hold 30 per cent of all Indian stock.

Gujaratis account for 16 per cent of all Indian exports and 17 per cent of GDP.

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