Surat City - Revision history

Pdewan: /* See also */

2023-12-17T18:34:21Z

‎See also

Pdewan: /* Stent manufacturing */

2023-06-11T07:22:08Z

‎Stent manufacturing

Pdewan: /* See also */

2023-06-11T07:20:38Z

‎See also

Pdewan: /* See also */

2023-03-05T18:17:38Z

‎See also

Pdewan: /* Diamond industry */

2023-03-05T18:17:10Z

‎Diamond industry

Pdewan: /* See also */

2023-03-05T18:13:42Z

‎See also

Jyoti: /* ‘Chitthi’ system */

2022-10-10T20:06:22Z

‎‘Chitthi’ system

Jyoti: /* Swaminarayan temple */

2021-05-03T16:21:01Z

‎Swaminarayan temple

Jyoti: /* Diamond industry */

2018-11-16T16:49:35Z

‎Diamond industry

Pdewan: /* See also */

2018-11-14T13:25:48Z

‎See also

@@ Line 361: / Line 361: @@
 [[Surat Economy]]
 [[Surat: Transport sector]]
@@ Line 391: / Line 393: @@
 SURAT CITY]]
 [[Category:Places|SSURAT CITYSURAT CITYSURAT CITY
 SURAT CITY]]

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 “We have 25 Hindi and nine English medium schools. We have started the secondary classes in Marathi and Hindi mediums as well to ensure that children of migrants get adequate educational opportunity,” said an official.
-Diamond hub Surat is now a major player in the cardiac stent market. The city , famed for its Rs 90,000crore diamond industry , has emerged as the biggest manufacturer of cardiac stents in India.
+[[Category:History|SSURAT CITYSURAT CITYSURAT CITYSURAT CITY
-Nine of the 11 Indian companies manufacturing stents -tiny tubes that make blood flow through choked arteries -are based in Surat and neighbouring Vapi. There is a reason for it: the laser technology that revolutionized diamond cutting has been the lifeblood of the stent industry .
+SURAT CITY]]
+[[Category:India|SSURAT CITYSURAT CITYSURAT CITYSURAT CITY
-South Gujarat's companies have captured 30% market share in the Indian coronary stent mar ket, valued at over $400 million, roughly Rs 2,500 crore. Overall, Indian compa nies enjoy 40% share as foreign players are fast ceding ground due to pricing -domestic stents cost just half.
+SURAT CITY]]
+[[Category:Name|SSURAT CITYSURAT CITYSURAT CITYSURAT CITY
-“We pioneered the use of laser in diamond cutting in 1992,“ said Ganesh Sabat, the chief executive officer of Sa hajanand Medical Technologies (SMT). The parent company , which still makes diamond cutting equipment, set up the arm for making stents in the year 2000. Its success, in a market which was entirely dependent on imports, brought in other players like Meril Life Sciences and Heart Beat Interventions who have made it big.
+SURAT CITY]]
+[[Category:Places|SSURAT CITYSURAT CITYSURAT CITYSURAT CITY
-Cardiac stents are made of stainless steel or an alloy with co steel or an alloy with co balt and chromium. The process requires the sa me equipment and skill sets as diamonds. In fact, stent making requires mu-ch lesser intensity of laser fire than diamonds.
+SURAT CITY]]
-−
-It requires a laser to drill a hole with a diameter of 2.25 to 4.5 mm and length of 8 to 48 mm. of 8 to 48 mm.
-−
-Ahmedabad-based cardiologist, Dr Sameer Dani, who has been using Surat-made stents for a decade, said: “Over the years, the quality of local stents has improved vastly .“
-−
-Dr Tejas Patel, a Padmashri awardee, said he only uses stents that are approved for use in the US and Europe.“But if low-cost stents made locally can assure long-term efficacy and quality , there is a huge market here,“ he said.
-−
-[[Category:India|S]]
-[[Category: Places|S]]
-[[Category:History|S]]
-[[Category:Name|S]]
 =Swaminarayan temple=

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 [[Surat District]]
 [[Surat: Transport sector]]
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 SURAT CITY]]
 [[Category:Places|SSURAT CITYSURAT CITY
 SURAT CITY]]

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 [[Surat: Diamond industry]]
-[[Surat District, 1908]]
+[[Surat District]]
 [[Surat: Transport sector]]
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 SURAT CITY]]
 [[Category:Places|SSURAT CITY
 SURAT CITY]]

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 embroidery, and a few samples of forest produce.
-Melvyn Reggie Thomas
+[[Category:History|SSURAT CITYSURAT CITY
-−
-It's 5pm and Naresh Thummar, owner of a diamond polishing unit in Katargam, has struck a deal in the trading hub of Mahidharpura to sell his polished gems for Rs 3 crore. The trader hands him a small paper chit mentioning the size, carat, colour, purity, and, most importantly, the date by which Thummar will get his payment.
-−
-The paper chits, which are otherwise thrown into dustbins, have been an important trade instrument in the Rs 90,000 crore diamond industry for over six decades now. But, this 'chitthi system' that is based on mutual trust is set to be banished now.
-−
-Following an increase in defaults and cheating cases, the small and medium diamond unit owners are readying to embrace a more reliable system of 'jhangad', a kind of promissory note to arm fraud victims with stronger evidence for legal action. Since September 2014, defaults at least to the tune of Rs 500 crore have been reported in Surat.
-−
-Vallabh Borda, a diamantaire in Katargam, has stopped dealing through chithis after losing Rs 50 lakh to a trader. This trader duped 24 diamantaires of Rs 50 crore in January. "I prefer jhangad now. I face a lot of difficulties as many traders in the markets still follow the chit system. I don't want to lose money, especially when the market condition is not good these days," said Borda.
-−
-Dinesh Navadia, president of Surat Diamond Association (SDA), said, "We have already launched a campaign to persuade traders and manufacturers to adopt this fool-proof system. Some have switched over but many are expected to adopt in the next few months." Navadia said that all the units will adopt the new system over the next one year.
-−
-Arvind Pokia, a diamond unit owner in Varachha, said, "I have sought the help of SDA to guide me on using the jhangad system. My turnover is just Rs 150 crore and I can't afford to lose my diamonds and money to fly-by-night operators."
-−
-So precious are the paper chits that diamond unit owners keep them in 15 iron vaults in Varachha and Mahidharpura markets along with the gems. These markets witness diamond trade of nearly Rs 400 crore daily - all done through the chitthis.
-−
-"In the 1960s, the diamond industry evolved due to closely knit families of diamond polishers, traders and importers. As most of them knew each other, they traded only through chitthis. The tradition still continues," said Navadia.
-−
-None of the technological advances in the last six decades have replaced this system of payment that works on sheer faith.
-−
-==Mahidharpura==
-[https://epaper.timesgroup.com/article-share?article=09_10_2022_015_007_cap_TOI  Yagnesh Mehta, Oct 9, 2022: ''The Times of India'']
-−
-−
-Change is the only constant, but not in Surat’s oldest diamond market at Mahidharpura. The bazaar that trades in the hardest substance in the world clings hard to its heritage. Brokers clad in white kurta-pyjamas and worn-out chappals walk in the narrow lanes of this bustling market with diamonds in their pockets. Deals worth crores are struck on the street in minutes over ‘cutting chai’, especially between 2pm and 6pm.
-−
-''' Old-World Charm '''
-−
- Surat’s journey to becoming the global headquarters of diamond-polishing started at Mahidharpura. Over the market’s 60-plus years, ‘Diamond City’ has expanded from 10 sq km to 470 sq km, and ultraluxury skyscrapers have dramatically transformed its skyline. But its main trade remains rooted in tradition. It flourishes in the otla – Gujarati for verandah – of old residential buildings that double as ‘conversation space’. Every day, about 5,000 diamond traders and brokers operate from the wooden desks in these otlas; each desk rents for Rs 2,000 a month.
-−
-''' Trading Hub, Learning Ground '''
-−
- Today, Surat polishes nine of every 11 diamonds in the world and drives around $25billion of India’s diamond exports. Many young men join the Mahidharpura market to gain first-hand experience of diamond trading. Many others enroll at institutes in the city that offer short-term courses in diamond grading, gem identification, and jewellery retailing.
-−
- “Though Mahidharpura operates in the traditional manner, it teaches you all the tricks of the trade,” said 30-year-old Paresh Gajera, who became a diamond trader like his father. “My 25-yearold cousin recently set up a jewellery unit after trading in diamonds at this market for a few years. ”
-−
-''' Market Built On Trust '''
-−
- The traders do not maintain bill books or computer spreadsheets. Chitthis (chits) and trust are the medium of transaction. Despite the highvalue trade, you won’t see cops and private security around. Although the multistorey air-conditioned offices that traders rent have irongrilles on their doors and windows, no security issue has been reported here in years. After the day’s work, the traders and brokers store their diamond pouches and cash in vaults operated by private firms at the market.
-−
- In the past, traders had the last word on a diamond’s weight and quality but now certifications from reputed laboratories like Gemological Institute of America (GIA) and International Gemological Institute (IGI) are considered.
-−
-However, trust remains the bedrock of business. Traders allow brokers to keep the diamonds with them, withoutpayment, for showing to prospective buyers.
-−
- “You can strike deals worth crores on the street here – such is the support system the market offers. A trader does not require a plush office to conduct business. It is trust alone that steers the trade,” said Dinesh Navadiya, ex-regional chairman, Gem & Jewellery Export Promotion Council.
-−
- Pravin Kevadiya, a diamond broker who started out at the market around 30 years ago, has expanded his business to Belgium and Dubai. Having studied till Class 10, he now runs a firm with an annual turnover of Rs 2 crore. “I used to pay Rs 12,000 as rent every year to conduct business at an otla in Mahidharpura Bazaar.
-−
-Although I have my own office now, I still visit the market frequently. You must never forget your roots,” said Kevadiya.
-−
 [[Category:History|SSURAT CITY
 SURAT CITY]]
-[[Category:India|SSURAT CITY
+[[Category:India|SSURAT CITYSURAT CITY
 SURAT CITY]]
-[[Category:Name|SSURAT CITY
+[[Category:Name|SSURAT CITYSURAT CITY
 SURAT CITY]]
-[[Category:Places|SSURAT CITY
+[[Category:Places|SSURAT CITYSURAT CITY
 SURAT CITY]]

@@ Line 423: / Line 423: @@
 [[Surat City]]
 [[Surat District, 1908]]
@@ Line 429: / Line 431: @@
 [[Swami Narayan Sect]]

← Older revision		Revision as of 20:06, 10 October 2022
Line 306:		Line 306:

	None of the technological advances in the last six decades have replaced this system of payment that works on sheer faith.		None of the technological advances in the last six decades have replaced this system of payment that works on sheer faith.
		+
		+	==Mahidharpura==
		+	[https://epaper.timesgroup.com/article-share?article=09_10_2022_015_007_cap_TOI Yagnesh Mehta, Oct 9, 2022: ''The Times of India'']
		+
		+
		+	Change is the only constant, but not in Surat’s oldest diamond market at Mahidharpura. The bazaar that trades in the hardest substance in the world clings hard to its heritage. Brokers clad in white kurta-pyjamas and worn-out chappals walk in the narrow lanes of this bustling market with diamonds in their pockets. Deals worth crores are struck on the street in minutes over ‘cutting chai’, especially between 2pm and 6pm.
		+
		+	''' Old-World Charm '''
		+
		+	Surat’s journey to becoming the global headquarters of diamond-polishing started at Mahidharpura. Over the market’s 60-plus years, ‘Diamond City’ has expanded from 10 sq km to 470 sq km, and ultraluxury skyscrapers have dramatically transformed its skyline. But its main trade remains rooted in tradition. It flourishes in the otla – Gujarati for verandah – of old residential buildings that double as ‘conversation space’. Every day, about 5,000 diamond traders and brokers operate from the wooden desks in these otlas; each desk rents for Rs 2,000 a month.
		+
		+	''' Trading Hub, Learning Ground '''
		+
		+	Today, Surat polishes nine of every 11 diamonds in the world and drives around $25billion of India’s diamond exports. Many young men join the Mahidharpura market to gain first-hand experience of diamond trading. Many others enroll at institutes in the city that offer short-term courses in diamond grading, gem identification, and jewellery retailing.
		+
		+	“Though Mahidharpura operates in the traditional manner, it teaches you all the tricks of the trade,” said 30-year-old Paresh Gajera, who became a diamond trader like his father. “My 25-yearold cousin recently set up a jewellery unit after trading in diamonds at this market for a few years. ”
		+
		+	''' Market Built On Trust '''
		+
		+	The traders do not maintain bill books or computer spreadsheets. Chitthis (chits) and trust are the medium of transaction. Despite the highvalue trade, you won’t see cops and private security around. Although the multistorey air-conditioned offices that traders rent have irongrilles on their doors and windows, no security issue has been reported here in years. After the day’s work, the traders and brokers store their diamond pouches and cash in vaults operated by private firms at the market.
		+
		+	In the past, traders had the last word on a diamond’s weight and quality but now certifications from reputed laboratories like Gemological Institute of America (GIA) and International Gemological Institute (IGI) are considered.
		+
		+	However, trust remains the bedrock of business. Traders allow brokers to keep the diamonds with them, withoutpayment, for showing to prospective buyers.
		+
		+	“You can strike deals worth crores on the street here – such is the support system the market offers. A trader does not require a plush office to conduct business. It is trust alone that steers the trade,” said Dinesh Navadiya, ex-regional chairman, Gem & Jewellery Export Promotion Council.
		+
		+	Pravin Kevadiya, a diamond broker who started out at the market around 30 years ago, has expanded his business to Belgium and Dubai. Having studied till Class 10, he now runs a firm with an annual turnover of Rs 2 crore. “I used to pay Rs 12,000 as rent every year to conduct business at an otla in Mahidharpura Bazaar.
		+
		+	Although I have my own office now, I still visit the market frequently. You must never forget your roots,” said Kevadiya.
		+
		+	[[Category:History\|SSURAT CITY
		+	SURAT CITY]]
		+	[[Category:India\|SSURAT CITY
		+	SURAT CITY]]
		+	[[Category:Name\|SSURAT CITY
		+	SURAT CITY]]
		+	[[Category:Places\|SSURAT CITY
		+	SURAT CITY]]

	=Education=		=Education=

@@ Line 356: / Line 356: @@
 Notwithstanding the temple's denial of having any intention to endorse the views of R-S-S, Congress member Shankersinh Vaghela said they must refrain from such activities. "What do you want to prove by dressing up god in khaki shorts? I pity those who have done that. This is very unfortunate," Vaghela added.
 Gujarat BJP chief Vijay Rupani also said it should not have been done. "I am really surprised. I don't approve of such actions," he said.
 =See also=

← Older revision		Revision as of 16:49, 16 November 2018
Line 306:		Line 306:

	None of the technological advances in the last six decades have replaced this system of payment that works on sheer faith.		None of the technological advances in the last six decades have replaced this system of payment that works on sheer faith.
		+
		+	=Education=
		+	==2018: over 120 ‘model’ schools for migrants==
		+	[https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIDEL%2F2018%2F11%2F14&entity=Ar01414&sk=3D91E8B8&mode=text Dipak Dash, Surat runs over 120 ‘model’ schools for migrants, November 14, 2018: ''The Times of India'']
		+
		+
		+	Cities with large migrant population can take a leaf out of Surat model, where the municipal corporation has been running over 120 special schools to cater to the needs of the city’s workforce.
		+
		+	Officials said running these schools in languages other than the native Gujarati has encouraged the migrant workers to bring their families to settle in the city.
		+
		+	Over 66,000 students have been enrolled in these non-Gujarati medium schools and their numbers have been increasing in this city, which is known as a hub for textiles and diamonds. Large number of people have been migrating to the city from Hindi-speaking states, Odisha and Andhra Pradesh.
		+
		+	Official data show that a maximum of 55 schools catering to the primary standards from Class-I to Class-VIII are in Marathi medium, followed by 28 Urdu medium schools. The SMC runs seven schools where the medium of instruction is Odia and there are three Telugu medium schools in the city.
		+
		+	“We have 25 Hindi and nine English medium schools. We have started the secondary classes in Marathi and Hindi mediums as well to ensure that children of migrants get adequate educational opportunity,” said an official.

	=Stent manufacturing=		=Stent manufacturing=