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The History of Surat dates back to around 3000 BC. The yesteryears of Surat is simply magnificent. The capital city of South Gujarat and the ninth largest city in India, claims its existence from the logbooks of sailors and merchants who came down from various regions especially the Arabian Sea and the Indian Ocean in search of business and trade opportunities.
Nevertheless, the city has witnessed many ups and downs in its history. It represents of some of the most famous events in India like the Dandi March Salt Satyagraha movement for independence led by the great Mahatma Gandhi are to name a few.
The Economy of Surat:
Situated on the banks of Tapi river, it once was renowned as western India's major ports and trading hub during the 17th and 18th centuries and the first European settlement in India. The city caters to a populace of approximately 4.9 million.
According to local and international Newspaper reports, Surat is the fastest growing city of Asia. Although the pace of advancement is a bit slow and steady but recent years have witnessed signs of revival and have given a boost to many great development in Surat to new heights.
Surat is one of the largest industrial capital of Gujarat, with a GDP of Surat is 12% which is 4% higher compared to the national GDP. Even the international bodies like UN are aware of the growth rate of Surat, at an alarming 400% and UN has termed it as the "Fastest Growing City of the World".
Diamond Cutting and Polishing Industry:
Surat is economic capital of Gujarat and is best accredited as Diamond and Silk City of India in the state of Gujarat. It is widely
famed for its jewelery market and diamond cutting as well as ivory and wood inlay work. It is at the heart of India's thriving diamond-polishing industry, which in 2005 cut 92% of the world's diamond pieces and earned India $15 billion in exports.
Rich Silk and Textiles Industry:
Surat is known for producing world-class synthetic textiles. It is famous for its silk weaves like the Tanchoi and Gajee sarees and
Kinkhab brocades sometimes woven with gold and silver threads.
Immense Infrastructure Thrust:
The Surat district is surrounded by Bharuch, Narmada (North), Navsari and Dang (South) districts. Adajan, which is situated on the other side of the river is having a population of approximately 6 lacks.
Adajan: One of the fastest developing area that is strategically located in the premium locality of Surat, just 15 minutes drive from Railway station, Bus station and 20 minutes drive from Airport.
Given the huge popularity of this emerging city, a number of business entrepreneurs and corporate entities are looking at Surat as a place that offers immense opportunity of growth. Approximately 25% of total population of Surat resides in Adajan area, majority of middle & upper middle class.
As an investment destination, Adajan offers nice opportunities with a fair share of risk which is perhaps one of the reasons for investments being limited. Adajan, which is already connected with old city through 4 number of bridges and construction of another bridge is on the verge of getting underway.
Pylon Bridge: The cable-stayed twin pylon bridge (like Kolkata's Howrah Bridge) has been proposed near Tapti river joining Athwa and Adajan areas. The bridge is proposed to be 700 meters long and will have four lanes.
Adajan is enriched with well planned infrastructure and modern development. This cable-stayed bridge project brings out plenty opportunities of development in Adajan. The distance from Athwalines end of bridge to proposed site is 2 km where Big Bazaar, Iscon Mall etc are 4 km away from the same end.
Science Center: Under construction, the total built-up area is about 17,000 sq meters. Will include a museum, an art gallery, a planetarium, an auditorium and an amphitheatre.
Corporate entities like Reliance, L & T, Essar, Kribhco, NTPC, are at Hajira 20 km away from Surat.
Surat also offers best tourist attractions and is best known for its unique Surti culture and cuisines.
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