Economy of Surat
Areas Upon Which Economy of Surat is BasedSurat is located on the banks of Tapti River. During the 17th and 18th century, Surat was known as one of the major ports and trading hub in the Western region of India. Surat is best known for the production of man-made fabrics and synthetic fibers.
There are more than 41,300 industries running in Surat. Around 24.00 small scale industries relate to textile industries only. Some of the other areas of SSI include diamond cutting and polishing, zari making, chemical dying and printing and allied engineering equipment manufacturing industries. Major pharmaceutical companies and IT companies are based in Surat.
Economy of Surat: Welcoming Foreign InvestmentsSurat’s geographical position and infrastructure are liked by the Industry giants and it has attracted Foreign Direct Investment (FDI) in various sectors like energy, oil and petroleum sector. Surat is a place of major industrial projects.
Economy of Surat - The Prosperous SuratSurat is also known for Dandi March and Satyagraha Andolan which led by the great Mahatma Gandhi. Surat has a glorious past both culturally and economically. It is one of the fastest growing economic hubs of India. Surat is all about business. S
With the growing number of industries and visiting traders, property rates have gone surprisingly high. Many industrialists, traders and techies want to settle in Surat permanently.
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