How did INDIA Take Control of The DIAMOND INDUSTRY of the World? | Business Case Study

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  • Опубліковано 7 чер 2024
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    VIDEO INTRODUCTION:
    Diamond Industry | Surat - Diamond City of India | Business Case Study - Think School
    Surat in the Indian state of Gujarat, known as the diamond city of India, is set to open the world's largest diamond market. The diamond industry of India is one of the most valuable industries in the country, commanding a staggering 93% market share in the diamond mining, diamond cutting, and polishing market of the world. The Diamond trade was initially dominated by Jewish diamond dealers in Belgium, but then the Jain community of India revolutionized the industry by focusing on small diamonds, which were largely ignored by the Jewish traders. Jain traders created a high-quality, low-cost manufacturing process in Surat and built a powerful network for distributing diamonds. This enabled the Jain community to become a leading force in the global diamond industry. Moreover, the Government policies and geographical advantages further bolstered India's domination of the diamond industry, making it an $18.6 billion market employing around 800,000 people.
    So, now the question is,
    How did the Jains take control of the diamond industry of the world???
    How did they beat the Jews of Belgium?
    What was the business strategy that made them so successful?
    What business lessons can you learn from the incredible community of Jains??
    Let's find out the answers in this video. Also don't forget to LIKE this video and SUBSCRIBE to the CHANNEL for more business case studies.
    #casestudy #thinkschool #surat
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    ✅ Study Materials:
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    www.isc.hbs.edu/Documents/res...
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КОМЕНТАРІ • 935

  • @ThinkSchool
    @ThinkSchool  10 місяців тому +41

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    • @sairamgangisetty8730
      @sairamgangisetty8730 10 місяців тому +3

      also make a case study regarding gold and silver

    • @samikshagoyal7974
      @samikshagoyal7974 10 місяців тому +6

      OMG. The ad for growth school. Whatever you were saying was exactly same line to line in Abhi Niyu video (in Hindi) 😂 No hate intended, just casually sharing…

    • @ANIMEKIMKC
      @ANIMEKIMKC 10 місяців тому +1

      X

    • @mohammedmakeen9132
      @mohammedmakeen9132 10 місяців тому +2

      Make video size 10 to 12 minutes

    • @rishisharma8311
      @rishisharma8311 10 місяців тому

      Whatever the west does, India becomes the hub for it due to lower costs. Be it Diamond cutting, Information Technology, Pharmaceuticals,Textiles and so on.......

  • @rajshah5864
    @rajshah5864 9 місяців тому +104

    I am from Belgium. I was born in India but moved to Belgium when I was only 6 months old. My father was and is working in the diamond industry in Belgium (Antwerp). A lot of Jains started going to Belgium to understand the diamond market and I lived in Antwerp my whole life with other Jains, all of our parens were working in the diamond industry. Feels good to be proud of my community and see the recognition it deserves.

  • @pjain9248
    @pjain9248 10 місяців тому +194

    Once in childhood my dad got ill and we don't have medical insurance at that time...I was not financially strong...My cousins were dere to help just in a call but our local jain president insisted to take money from jain india society...I took d money and he said "jab ho jaye paisa toh wapas isi jain society ko de dena "...Just a year ago i donate ...
    Literally dz helped lot neither i have financial burden nor i have to abide anybodies terms...❤❤❤Dz z only possible in our Jainism...

    • @priyanshudas1
      @priyanshudas1 10 місяців тому +14

      Jain community not only richer by money but also by heart.

    • @KK-qc2qs
      @KK-qc2qs 10 місяців тому +1

      its called helping your own people nothing to boast about...

    • @pjain9248
      @pjain9248 10 місяців тому +2

      @@KK-qc2qs No minority package required like muslims,SC,ST,Dalits

    • @Jkjeetkr8t8
      @Jkjeetkr8t8 9 місяців тому

      @@pjain9248 great reply

    • @davidbousfield4506
      @davidbousfield4506 5 місяців тому

      Cut clarity color and deal breaker PROPORTIONS .
      2 one carat D flawless are not the same. EXCELLLANT PROPRTIONS WILL MAKE A HUGE VALUE DIFFERENCE OVER GOOD PROPORTIONS.

  • @gk2298-exz
    @gk2298-exz 10 місяців тому +338

    Jains are the real minorities of India. Hats off to their contribution in building nation.

    • @stephaniehale946
      @stephaniehale946 10 місяців тому +22

      *I think if we look at the per capita income of various communities in India, the Jains/Vania will be in the top.*

    • @abunirmal7408
      @abunirmal7408 10 місяців тому +3

      ​@@stephaniehale946Exactly

    • @meghanath5045
      @meghanath5045 10 місяців тому +11

      They contributed for themselves

    • @vishalpagar6360
      @vishalpagar6360 10 місяців тому +2

      Others: Hum kya kare job chod de fir 🤣

    • @sanaysurana7885
      @sanaysurana7885 10 місяців тому +4

      ​@@stephaniehale946Parsis are at top Jain's at 2nd

  • @sanjaygowda932
    @sanjaygowda932 10 місяців тому +383

    All communities of India should learn from Jains and support their community members to uplift India.

    • @nikhil.k8938
      @nikhil.k8938 10 місяців тому +11

      We should allrounder in all fields like making our own semiconductors

    • @tingobingo1401
      @tingobingo1401 10 місяців тому +2

      They will never. We all are bloody crabs 🦀

    • @dhineshr1771
      @dhineshr1771 4 місяці тому

      especially other gujarati businessmen

  • @akshitbaidmutha1
    @akshitbaidmutha1 10 місяців тому +94

    proud to be a JAIN !!! Jai Jinendra

  • @okdilip
    @okdilip 10 місяців тому +892

    Jain community's fundamental are very strong from childhood they do extreme level of fasting and sacrifice of rooted food as well as Ahimsa ( Non violence) is the best thing they have. They always avoid Locha (Trouble) situation in their life so maximum time is spent only in family and business and it is only key to success.

    • @RamKumar-gy5ig
      @RamKumar-gy5ig 10 місяців тому +8

      Can you please make a video on rice export of india

    • @shridev1766
      @shridev1766 10 місяців тому +13

      that called being a miser, in your language

    • @RamKumar-gy5ig
      @RamKumar-gy5ig 10 місяців тому

      @@shridev1766 is that ok

    • @Divyansh-yt3hz
      @Divyansh-yt3hz 10 місяців тому +16

      ​@@shridev1766accha tumne kitna donation Kiya hai baise
      Tumhe bara pata hai ham jain miser hai phle khud ki community ke bare mei acche se janlo phir dusre ki community par ungli uthana

    • @okdilip
      @okdilip 10 місяців тому +22

      @@shridev1766 as i said my dear STHIRDEVI we avoid Locha situation, so am not able to give your answer... Bhagwan Mahavira bless you with stable knowledge (सद्बुद्धि)

  • @subhankardutta4212
    @subhankardutta4212 10 місяців тому +34

    Everytime he says "the jains of India", I hear "the gems of India"

    • @meghaljain7935
      @meghaljain7935 10 місяців тому +2

      That's such a proud feeling

    • @deva4863
      @deva4863 10 місяців тому

      Lmao 🤡🤣

    • @H-productions
      @H-productions 10 місяців тому

      Ooh ..that's a severe hearing problem bruhh

  • @pratvachan
    @pratvachan 10 місяців тому +442

    Jain community is god's gift to India.
    .
    It's not just trade, their habit of donating for common causes is legendary. Jain community in Barshi has created several drinking water tanks, numerous hospitals, schools and colleges - and their pet project is Nargis Dutt Cancer hospital - they gave land, medical equipments, gifted money to build several wards too.
    .
    I am Hindu who is forever in debt of this community. Thank you Jains from bottom of my heart 🙏

    • @AYUSH-zf7hf
      @AYUSH-zf7hf 10 місяців тому +3

      Barshi OP

    • @grow1st
      @grow1st 10 місяців тому

      🥰🥰🥰🥰

    • @Rajivsince2002
      @Rajivsince2002 10 місяців тому +18

      Both Jains and Parsis

    • @Abhinavsingh18726
      @Abhinavsingh18726 10 місяців тому +18

      Love to our Jain brothers from a Hindu brother 🕉️❣️

    • @HasanUnknown
      @HasanUnknown 10 місяців тому +3

      Islam is not 1400+ years old,
      Islam is the Oldest and First Religion,
      Islam means "Submitting our Will to God"
      Islam was there since First human (Prophet Adam) And Prophet Muhammad ﷺ is Not the Founder of Islam, Prophet Muhammad ﷺ was just a Last Prophet Of Islam !
      ---------------------
      “God is One and Only without second.”
      [Chandogya Upanishad 6:2:1]
      “He is Allah the One and Only.”
      [Quran 112:1]
      ---------------------
      “There is only One God, not the second”
      [Brahma Sutra]
      “There is only One Allah”
      [Quran 16:51]
      ---------------------
      “There is no image of Him.”
      [Yajurveda 32:3]
      “There is nothing like Him.”
      [Quran 42:11]
      ---------------------
      “There Is No Likeness Of Him”
      [Svetasvatara Upanishad 4:19]
      “And there is none Like unto Him.”
      [Quran 112:4]
      ---------------------
      “of Him there are no Parents"
      [Svetasvatara Upanishad 6:9]
      “He does not Beget nor is He Begotten.”
      [Quran 112:3]
      ---------------------
      “His form is not visible, the eyes cannot see Him.” [Svetasvatara Upanishad 4:20]
      “No vision can see Him, but He see’s all vision.” [Quran 6:103]
      ---------------------
      *[Reminder]*
      *Dear Hindus*
      *You must worship only One God (Allah) and you must Stop doing Idol worshipping !*

  • @kiranvootori8101
    @kiranvootori8101 10 місяців тому +184

    Bottom line is, when something is built on the foundation of honesty and value system, it can grow tremendously. Letting some foxes in can collapse everything in no time.

    • @meghaljain7935
      @meghaljain7935 10 місяців тому

      So rightly said

    • @musicstudy7610
      @musicstudy7610 10 місяців тому +2

      Build by neglecting others who are interested in that business

    • @meghaljain7935
      @meghaljain7935 10 місяців тому

      @@musicstudy7610 how cn u say that....business grows on efforts

  • @ShivanshuTyagi72981
    @ShivanshuTyagi72981 10 місяців тому +100

    In my area there are a lot of Jains. They coexist peacefully with Hindus. There are lot of Jain pilgrims where Hindus equally visit.

    • @ruturajsinh007
      @ruturajsinh007 10 місяців тому +7

      Bro jain is also part of hindu they have 14 guru and and all guru are khaatriya rajput and one of most famous is mahavir they call him tirthkar

    • @aatmanmehta6712
      @aatmanmehta6712 10 місяців тому +5

      ​@@KANISHK1222Jains are not Hindu

    • @akshatjain1130
      @akshatjain1130 10 місяців тому +6

      @@ruturajsinh007 bruh wtf Jains aren't hindus didn't you go to school

    • @shrayansjain4757
      @shrayansjain4757 10 місяців тому +10

      ​@@ruturajsinh007wrong bro, we have 24 tirthankars no 14 gurus and yes they are kshatriyas ( not rajput because at that time rajput, gurjar didn't known)

    • @meghaljain7935
      @meghaljain7935 10 місяців тому +7

      ​@@ruturajsinh007jains r not part of Hindus...nor they have 14 gurus....they hv 24 TIRTHANKAR of which last one is Mahavir Swami.....pls get ur facts correct bhai

  • @grow1st
    @grow1st 10 місяців тому +54

    You today bring a very imortant topic for us . Being a Jain i know that most of our community is involved in business some of them are very big , that's the reason that the community which is less than 1% contribute more than 25% in the indian economy

    • @gargabhinav
      @gargabhinav 10 місяців тому +2

      Bro it’s not 25%

    • @grow1st
      @grow1st 10 місяців тому

      @@kks2511 apke salah ke liye dhanyabad 🙏🙏

    • @saishashi9978
      @saishashi9978 10 місяців тому

      ​@@grow1stWhat is recipe Jain's follow to become success in life??

    • @akshayjain6290
      @akshayjain6290 10 місяців тому +2

      ​@@gargabhinavokay maybe not 25 but it's a significant number jains contribute the most to tax in proportion to their population

    • @grow1st
      @grow1st 10 місяців тому

      @@saishashi9978 ua-cam.com/video/AmufkeiEPmg/v-deo.html ye rahi recipe jyada badi thi isiliye likhi nahi

  • @rajdeepsen3011
    @rajdeepsen3011 10 місяців тому +99

    Think school case studies are so viewercentric and anyone can easily undertake thanks Ganesh bhai for giving us such videos , pls make a video on logistics sector

  • @kannadafactstar
    @kannadafactstar 10 місяців тому +174

    Parsi, jain, buddist, sikhs, one of the best minorities every country deserves!!!

    • @heyareyouokayy
      @heyareyouokayy 10 місяців тому +8

      Why don't those countries deserve them as majority?

    • @ravish05
      @ravish05 10 місяців тому

      ​@@heyareyouokayyjust like Hindus are a success story in the US.

    • @redstream1237
      @redstream1237 10 місяців тому +1

      They are the ones who licked feet of the Bri*ish to gain economic and political favours! Not to mention how Parsis literally gained economic success through opium trading that destroyed millions of life in China

    • @tuhinhossain9676
      @tuhinhossain9676 10 місяців тому +3

      Fraudstars also

    • @ravish05
      @ravish05 10 місяців тому +36

      @@tuhinhossain9676 sorry... Muslims not included.

  • @akjain1997
    @akjain1997 10 місяців тому +445

    Jains could be pioneers in the industry but now Patels holds the command of this industry.

    • @meetcfx
      @meetcfx 10 місяців тому +35

      Really? As a Patel myself, I've never heard of patels in diamond industry

    • @eastvern5147
      @eastvern5147 10 місяців тому +25

      The rise of Patels in Gujrat is a amazing story in itself.

    • @sachinedit5209
      @sachinedit5209 10 місяців тому +18

      @@meetcfx toh tu bada C hain pura diamond patel ka hi hain 90% diamond unit patel chalate hain Gujarat mein

    • @VALAR_Morgulis.
      @VALAR_Morgulis. 10 місяців тому

      ​@@sachinedit5209Patel community bahut bada hai sab ko thodi pata chalega isme c hone ka baat kuch nahi hai

    • @Ramdev976
      @Ramdev976 10 місяців тому +9

      are bhai starting mai dekh SWAMINARAYAN BHAGWAN photo in factory 😂ab jain to rakhega nahi @@meetcfx

  • @bibhuraj3498
    @bibhuraj3498 10 місяців тому +261

    Jain one of richest community of India and one of smallest community and yet they don't cry over anything they support government support country unlike the others we have learn from them

    • @mein3324
      @mein3324 10 місяців тому +11

      Everyone cries, if tomorrow gov decides to increase import duty on raw diamond then definitely they will cry.
      Sometime raising voice becomes important when gov goes in wrong direction.
      Today Gaming industry is crying after raising GST.
      Middle class is crying because of tax.
      It is common human behaviour.
      Today, most Jain life is set cuz of traditional family business, They won't have any problem till their monopoly is there.

    • @nik9643
      @nik9643 10 місяців тому +3

      50lakh in Indian cities with network is not small community 😂

    • @hemshah1567
      @hemshah1567 10 місяців тому +25

      @@nik9643 compared to 139 crore , 50 lakh is miniscule

    • @bibhuraj3498
      @bibhuraj3498 10 місяців тому +14

      @@nik9643 compare to so called minorities it marvelous

    • @HasanUnknown
      @HasanUnknown 10 місяців тому +1

      Islam is not 1400+ years old,
      Islam is the Oldest and First Religion,
      Islam means "Submitting our Will to God"
      Islam was there since First human (Prophet Adam) And Prophet Muhammad ﷺ is Not the Founder of Islam, Prophet Muhammad ﷺ was just a Last Prophet Of Islam !
      ---------------------
      “God is One and Only without second.”
      [Chandogya Upanishad 6:2:1]
      “He is Allah the One and Only.”
      [Quran 112:1]
      ---------------------
      “There is only One God, not the second”
      [Brahma Sutra]
      “There is only One Allah”
      [Quran 16:51]
      ---------------------
      “There is no image of Him.”
      [Yajurveda 32:3]
      “There is nothing like Him.”
      [Quran 42:11]
      ---------------------
      “There Is No Likeness Of Him”
      [Svetasvatara Upanishad 4:19]
      “And there is none Like unto Him.”
      [Quran 112:4]
      ---------------------
      “of Him there are no Parents"
      [Svetasvatara Upanishad 6:9]
      “He does not Beget nor is He Begotten.”
      [Quran 112:3]
      ---------------------
      “His form is not visible, the eyes cannot see Him.” [Svetasvatara Upanishad 4:20]
      “No vision can see Him, but He see’s all vision.” [Quran 6:103]
      ---------------------
      *[Reminder]*
      *Dear Hindus*
      *You must worship only One God (Allah) and you must Stop doing Idol worshipping !*

  • @xxii_ix_xix_viii_xiv_xxi3889
    @xxii_ix_xix_viii_xiv_xxi3889 10 місяців тому +22

    Jains changed Diamond dust to Diamond Empire 👏👏👍😀

  • @kartikkhandelwal6050
    @kartikkhandelwal6050 10 місяців тому +187

    Jethalal Gada - He is also one of the brand ambassador of portraying Indian Jain community at its best😁👌

    • @Sarthak.b
      @Sarthak.b 10 місяців тому +14

      He is gujarati hindu

    • @kartikkhandelwal6050
      @kartikkhandelwal6050 10 місяців тому +7

      @@Sarthak.b that Ik bro I meant in the show he portrayed as a Jain so accurately.

    • @kevalmehta1652
      @kevalmehta1652 10 місяців тому +1

      ​@@Sarthak.b as jethalal character he is jain.

  • @akashsanghvi1479
    @akashsanghvi1479 10 місяців тому +7

    I am fourth generation diamond trader. All your information is very right. Keep it up

  • @siddharthjain2296
    @siddharthjain2296 10 місяців тому +20

    I am from the stainless steel business and this is exactly what happened in the industry too! My grandfather got into the business by help of another member of the community and he has helped countless others in the process including the Jindal family!

  • @_Final_Boss
    @_Final_Boss 10 місяців тому +118

    The land of Gujarat has produced brilliant minds for our nation.

    • @lakshmineuroscience
      @lakshmineuroscience 10 місяців тому +10

      except gandhi

    • @saveenkumar4249
      @saveenkumar4249 10 місяців тому +3

      L a w d a

    • @Ami7166
      @Ami7166 10 місяців тому +2

      ​@@lakshmineuroscienceHe leaves for India not for his family. Shame on you for humility a honorable fighter for your greed.

    • @kishor.k8092
      @kishor.k8092 10 місяців тому +6

      and some highly brilliant crooks as well

    • @ManjunathManju-jz5cs
      @ManjunathManju-jz5cs 10 місяців тому +3

      And some of the biggest bankrupts tooo

  • @rahuls9213
    @rahuls9213 10 місяців тому +28

    As a non Jewish and non Jain community member - I admire them for doing everything to prosper their community. I feel we should talk about one community with resentment and another with admiration when both built their business on similar principles of leveraging the strength of their community.

  • @utsavmandaviya7118
    @utsavmandaviya7118 10 місяців тому +21

    😊 Being a diamond manufacturer I am glad that you made video on diamond industry, otherwise no one made on this even we made unicorns number of profit unlike today's loss making businesses and startup.👍

  • @justMRV
    @justMRV 10 місяців тому +25

    I'm working at the start up which is established by a Jain (a 70year old man of values). Everyone in the company feels like a shareholder. Even when a big investment comes in, he shares a big chunk to the employees. Everyone loves him and respects him and honestly works for company success. Today we are the most advanced product in the market. At least 2 years ahead of competition. It's all because a valued person built a valuable culture with employees even though they came from all around the world.

    • @raghu210692
      @raghu210692 10 місяців тому

      Zscaler ah?

    • @FollowMyBio
      @FollowMyBio 10 місяців тому

      which company?

    • @justMRV
      @justMRV 10 місяців тому +1

      Pensando

    • @rum81
      @rum81 10 місяців тому +2

      Just googled Prem Jain, impressive profile

    • @FreeYourImagination
      @FreeYourImagination 10 місяців тому

      ​@@justMRV
      Pensando was acquired by AMD for $1.9B on Apr 4, 2022 .

  • @sagarpaperwala
    @sagarpaperwala 10 місяців тому +48

    I am from Surat(Marathi guy) (Born and brought up), my father/uncle worked in such diamond industry for long. I have seen people comes with a LOTA(Water pot) from their village and building an empire, even 12th pass guy with 5 years of exp in diamond can earn 6 figures. even factory owners promote their bus drivers to learn skills so that they can have better quality of life.
    P.S : I am not much into diamond and I will proceed with such business (diamond , textile) later in life when I find interest😊

    • @pritampandey1707
      @pritampandey1707 10 місяців тому +2

      is the 6-figure factor till relevant sir?

    • @sagarpaperwala
      @sagarpaperwala 10 місяців тому +2

      @@pritampandey1707 didn't get u here

    • @Sudeep.Manerkar
      @Sudeep.Manerkar 10 місяців тому

      Paperwala😅 marathi?

    • @sagarpaperwala
      @sagarpaperwala 10 місяців тому

      @@Sudeep.Manerkar ha

    • @Sudeep.Manerkar
      @Sudeep.Manerkar 10 місяців тому

      @@sagarpaperwala kasa bhava fakt vichaar to hai curious mana var Nako gheus

  • @Gamechangers-vw4wv
    @Gamechangers-vw4wv 10 місяців тому +18

    This case study applies to the North Indian Jains.Most of the Digambar Jains from the Tamil speaking community(Tamil speakingJains not the Hindi speaking Jains settled in Chennai ) do agriculture .and most of them belong to middle class or lower middle class. I am one among them.

    • @FollowMyBio
      @FollowMyBio Місяць тому

      Can you please explain the condition of lower middle class Jains living in Southern India?

  • @sudhirpanchani6119
    @sudhirpanchani6119 7 місяців тому +9

    Currently more than 90% of companies are owned by the patel community who migrated from kayhiyawad - saurastra to surat around 1960 to 2000 and as a patel most of my relatives, friends and family members are in this sector either running their own company or working.

  • @raviv3398
    @raviv3398 10 місяців тому +95

    I am Patel from Surat. My grandfather was in Diamond business in 1975s. Jains bought diamond business to Surat, but Patels from Saurastra quickly took over from Jains in few decades. Most of labour to most small or big Diamond cutter, traders are Patels from Saurastra. My uncles, my in-laws literally 50% of people I know are in Diamond business (others in Textile). Biggest diamond traders like SRK Group of Savjibhai Dholakiya or Dharmanand Group of Laljibhai Patel (person who bought Modi Suite in auction for 4.7 crore) and many other big names from Patel community of Saurastra.

    • @hardiksavaliya5055
      @hardiksavaliya5055 10 місяців тому +10

      Totally agree. It is disheartening to see no mention of patel in this video.
      With all due respect to jains, they are mentioned more than 100 times😅 and
      If you consider the market share between Jains and patels, it would be somewhere around 80(p)-20(j).

    • @davidpat-fd7kv
      @davidpat-fd7kv 10 місяців тому +3

      still main trading of diamond at upper level is being done by jain community. Ther are many bigger heads in the mkt then srk and dharmjivan in mahidharpura mkt. but public is not aware of it since jains don't disclose it.

    • @anandjose7008
      @anandjose7008 10 місяців тому

      Hi Raviv, can i come and visit one of the factories please? I'm from Kerala

    • @harshkakadia7328
      @harshkakadia7328 10 місяців тому +3

      Think school should’ve done a better job at researching about the diamond industry. Not their best work !

  • @SaiPraneethMullapudi
    @SaiPraneethMullapudi 10 місяців тому +71

    The answer for how Jains cracked the code of family business is said by my Rajasthani Friend who is Agarwal BTW a marwari and he has a jain friend as well.
    What he told me is that in general most of the Jains, Marwaris and Gujaratis before starting any business every member of the family sit at one place and have long discussions which helps them sort out every financial difference they have and take business and investment decisions which are accepted by all of the members and avoid even a single decision which any of the family member doesn't agree with.

    • @SaiPraneethMullapudi
      @SaiPraneethMullapudi 10 місяців тому +5

      This was even said by a Guru who gets consulted by Agarwals and Jain Community.

    • @AmandeepSingh-cv5qz
      @AmandeepSingh-cv5qz 10 місяців тому

      seems like most feasible way to not reach to any decision

    • @SaiPraneethMullapudi
      @SaiPraneethMullapudi 10 місяців тому +3

      @@AmandeepSingh-cv5qz but they somehow cracked it through convincing or some other way

    • @AmandeepSingh-cv5qz
      @AmandeepSingh-cv5qz 10 місяців тому

      @@SaiPraneethMullapudi they have it in them I agree but this method wouldnt be it for sure

    • @SaiPraneethMullapudi
      @SaiPraneethMullapudi 10 місяців тому +2

      @@AmandeepSingh-cv5qz My frnd said that we ain't a Jain or Marwari to know the family structure

  • @SyedSaifAbbasNaqvi
    @SyedSaifAbbasNaqvi 10 місяців тому +70

    People keep complaining about why only development is happening in Gujrat and rest of the states are left behind. Please ask you respective state governments to do the same. Since there is no hope in the coming decades for my state Bengal, as an Indian i am happy for Gujrat's development.

    • @someshjoyguru
      @someshjoyguru 10 місяців тому +2

      so true. 🥲

    • @pratik4309
      @pratik4309 10 місяців тому +6

      I am from Maharashtra, and I have no problem with Gujrat but it feels bad when projects are decided to come here and suddenly get shifted to Gujarat.
      Because we all are Indian first we should be happy with the development of each state, but stealing project hurts the sentiments of the people of that state.

    • @saishashi9978
      @saishashi9978 10 місяців тому

      When u oppose caste, when u oppose own religious practises which r based on ancient values when u destroy a system u'll become like Bengal ready to become mini Bangladesh

    • @dhyanvohera
      @dhyanvohera 10 місяців тому +4

      ​@@pratik4309I understand you bro and I am a gujrati from Maharashtra and i think many of the bigger projects got shifted to gujrat due to the political uncertainty in our state and even the government cancelled/halted many infrastructural projects like Mumbai-Pune Bullet train, Mumbai-Ahemdabad Bullet train, the metro and road infrastructure projects in many cities are getting delayed, etc. which doesn't make a big investor confident enough to invest in the state and Gujarat being the state which is like ready to take any opportunities attract the projects. But yet I would say that the small scale investment on startups is done in huge amounts in Maharashtra and it's benefits will take some time to be visible like you can see how cities like Pune are bringing in new startups and investment daily

    • @cosmos1487
      @cosmos1487 5 місяців тому +2

      ​@@pratik4309who says the projects were planned to go to Maharashtra?
      How can you decide company was planning to go to Maharashtra
      It's your state's fault for not attracting it because of unstable government and many more factors company chose Gujarat over Maharashtra
      You can't just claim the projects went to Gujarat were planned to be in Maharashtra
      Will you say the same for the investment went to south over Maharashtra?
      What about iPhone factory that went to Tamil nadu instead of Maharashtra?

  • @proudbhartiya1993
    @proudbhartiya1993 10 місяців тому +40

    Palanpuri Jains were the ones who controlled the Diamond Industry. But now the status quo is distributed with Patel Community as well. When Jains built this industry it was not a good business period for India. Patels came ahead during the era of globalisation and technology which made it much much easier to establish and scale the business.

  • @utsavjain4588
    @utsavjain4588 10 місяців тому +63

    The culture, ethics, honesty we Jains have, helps us to build such a great business all over the world

  • @sarthakambekar4792
    @sarthakambekar4792 10 місяців тому +12

    Proud to be a jain❤

  • @abhishek7271
    @abhishek7271 10 місяців тому +11

    Most of the Jains follows core values like SATYA AHIMSA AND EQUALITY, that good deeds return to them in some or other way and thats how they became so wealthy, so happy, so family oriented and so society caring people

  • @ImJay_888
    @ImJay_888 10 місяців тому +28

    I wish I was a part of Jain community ! Maybe we wouldn't have struggled with our ethanol project like this ! Lack of support, unable to find genuine people, trustworthy partners, and absolutely in short of investors with balls, guts or any risk taking ability. We hail from Kerala, my father built such a mighty huge industry in karnataka, due to some delay in EC our project got delayed and sucked into an unfortunate and unfair NPA status. However, we managed to get everything done, even the final EC, thanks to Gadgari ji and Modi ji govt, but to complete and commence the project we are unable to find the funds, that investor ! We have been sending sos mails to gadgari ji and pmo and all but no response. I literally lost hope in this hopeless country. Lost a Fortune, crores of rupees and most importantly lost the life of my father, the poor man, the industrialist who sacrificed everything for this, his dream project! I wish I was a jain or jew or something !

    • @user-fh1uz2kr8x
      @user-fh1uz2kr8x 10 місяців тому +3

      which company bro

    • @ImJay_888
      @ImJay_888 10 місяців тому

      ​@@user-fh1uz2kr8xLorvin Industries Limited

    • @a2zexplainedindia733
      @a2zexplainedindia733 10 місяців тому +6

      You can be Jain just by following the principal of non violence. No need of surname has to Jain

    • @gargabhinav
      @gargabhinav 10 місяців тому +2

      My friend has just taken out a 100 crore loan is building ethanol ecosystem in Mohali Panjab

    • @user-fh1uz2kr8x
      @user-fh1uz2kr8x 10 місяців тому +4

      @@gargabhinav whose giving loan . Which company. How did they get such loans .

  • @Shailesh_makvana248
    @Shailesh_makvana248 10 місяців тому +2

    Love from Surat ❤

  • @k_p_-nq3up
    @k_p_-nq3up 10 місяців тому +8

    PATEL community of Gujrat also gave significant contribution in diamond industry .

  • @213harshpandit7
    @213harshpandit7 10 місяців тому +19

    Another Banger by ThinkSchool absolutely mind-blowing of how you explained a huge topic so easily. Keep it up guys.

  • @_animewatcher
    @_animewatcher 10 місяців тому +6

    Jaijenendra friends 💖🇮🇳

  • @maahirshah5348
    @maahirshah5348 10 місяців тому +2

    I am from Surat love your content

  • @harshgada4325
    @harshgada4325 10 місяців тому +2

    That is true, I got my engineering books from the Jain bookbank in Mumbai, Chembur...,
    Its a communjty of Jain Students, where they donate their old books and new Jain Students buy those books from there at literally 0 cost. After they are done, they too bring back those and other books to the centre and the cycle continues...

  • @eshanjain7318
    @eshanjain7318 10 місяців тому +27

    We want our country to grow to the top. But recently we are seeing many things, like killing our monk by giving him electric shock till death and then cutting his body into pieces ( which was never done in the history of india till now ), abusing them, making our holy place a tourist destination which is hurting us so deeply, that we are losing hope in supporting our beloved country. We are not saying that everybody is treating us badly, but some of them are doing so bad that it will effect every person in the country. we just want that every person who thinks that we are not harming the society should support us when the things are going this bad. Seeing such ridiculous things with our idols really hurts alot. 💔

    • @rahulpatil3297
      @rahulpatil3297 10 місяців тому +5

      I'm jain from the village where jain monk got killed recently. We have protested in belgav but that monk had 20 acres of land in his name

    • @gargabhinav
      @gargabhinav 10 місяців тому +3

      Monk had 20 acres of land is the reason he got killed?

    • @DarshanJain2002
      @DarshanJain2002 10 місяців тому

      @@gargabhinav allegedly our maharaj gave a contract for something to construct to a contractor and the contractor owes 4 lakh rs or something to the temple, so our mandir committee told contractor to pay the called amount but he was so negative in his mind that when our maharaj-ji went for using toilet (our maharaj dont use modern day toilets we have to make different arrangements for them) so when it was lonely somehow that contractor got his eyes on him caught him torutured him killed him cut him into pieces and threw in the well.

    • @DarshanJain2002
      @DarshanJain2002 10 місяців тому

      @@gargabhinav also no monks have property on their own name it is generally property of the temple and our community

    • @gargabhinav
      @gargabhinav 10 місяців тому

      @@DarshanJain2002 so one mistake that is unrelated to his killing is that he had 20 acre of land in his name.
      Secondly the killing was carried out by a contracter who owed money to the temple?
      Which is the temple to which he owned 4 lakhs?
      And see where have we come, people kill such respected sanyasi monks due to just 4 lakh rupees.
      And one more thing, why did the contractor owe 4 lakh rupees? Usually payments for construction are made in installments and not in advance?

  • @sumankumarbarada5802
    @sumankumarbarada5802 10 місяців тому +6

    I must say the way you break down the topic into small digestible bits it really makes more convinient to understand any complex topic. #thinkschool

  • @amanjain9946
    @amanjain9946 10 місяців тому +2

    Thank you @Thinkschool for bringing in this case study.. Wonderful.

  • @umeshkatkar1079
    @umeshkatkar1079 10 місяців тому +10

    My father was used to be Dimond broker. now he is no more. But as a Maharashtrian.. these gujju and jain Dimond brokers trust on Maharashtrian persons. We were a good community. but unfortunately now these Dimond market is almost out of mumbai. and many Maharashtrian brokers are struggling.

    • @saishashi9978
      @saishashi9978 10 місяців тому +2

      It's becoz community level unity is disintegrated. U need equilibrium of spiritual, emotional, intelligence to get success in personal or community level.

    • @kamilshah8966
      @kamilshah8966 10 місяців тому

      ​@@saishashi9978I think it's more because most of workers for diamond are from Surat who used to go to Mumbai where previously was the predominant diamond industry and where contracts were signed... But now the whole system is in Surat (remember that biggest building jn Surat) so that people don't have to migrate from Surat to Mumbai... It may be the cause...

  • @ladhkay
    @ladhkay 10 місяців тому +4

    Jai Jinendra to all!

  • @thegrowthkitchen
    @thegrowthkitchen 10 місяців тому +6

    India is a treasure of many such communities, where every community have great history behind them.
    A beautiful tree by dharampal tells most of the indians who lived in 18th century was good educated and had high vocational skills.

  • @sripalbhandari8309
    @sripalbhandari8309 10 місяців тому +1

    Thank U for highlighting our community in most rightful, respectful n dignified manner..Kudos..

  • @cshekhar1221
    @cshekhar1221 10 місяців тому +1

    Amazing👍👍....Thanks for bringing such a brilliant case study

  • @neerjain6176
    @neerjain6176 10 місяців тому +6

    Proud to be JAIN 😊. JAI JINENDRA 🙏

  • @himabindutulasi7825
    @himabindutulasi7825 10 місяців тому +3

    Thanks Ganesh for highlighting the intrinsic value system this community puts forward and complementing what is taught in B schools..this is the need of the hour. While few aspire, thrive and fight solo battles to find that one mantra to success..community synergies are an age old secret yet unutilized fully. This lesson is a great reminder. Thanks.

  • @raghuveerdendukuri1762
    @raghuveerdendukuri1762 10 місяців тому +2

    Fantastic case study, thanks a lot for sharing about how diamond cutting industry grew in Surat. Congrats to them for everything they did while showing the work as an inspiration for others to comprehend and use as applicable.

  • @darshanjain4503
    @darshanjain4503 10 місяців тому +1

    Feeling proud to be a part of Jain community. Jai Jinendra 🙏

  • @modiji268
    @modiji268 10 місяців тому +7

    PLEASE MAKE VEDIO ON JAIN CONTRIBUTION TO INDIAS GDP ANS TAXES

  • @yashdesai.
    @yashdesai. 10 місяців тому +7

    There is one more important community, which played very crucial part in development of Surat's diamond industry, The Patidar community has played a crucial role in the development of Surat's diamond industry. According to a 2015 study by the Indian Diamond Institute, 70% of the diamond companies in Surat are owned and operated by Patidars.

  • @DennisSmithGrandCayman
    @DennisSmithGrandCayman 5 місяців тому

    What an incredible story. I subscribed to the Indian diamond industry magazine in the late 1970s. In those days diamond cutting was performed on the floor, possibly using their feet to spin the scaife. They have so much to be proud of.

  • @meet..5095
    @meet..5095 10 місяців тому +3

    Patel's also hold a big position in diamond industry of India.

  • @karthikkhoday5555
    @karthikkhoday5555 10 місяців тому +4

    Damn boiiii, Huge respect to such honest people.

  • @sarcasm614
    @sarcasm614 10 місяців тому +4

    Thank you team thinkschool for bringing the case study about jain community n values n principles to the world🙏😊

  • @inderpalsingh713
    @inderpalsingh713 10 місяців тому +2

    Great video and well researched content. Keep it up

  • @Kabirinlife
    @Kabirinlife 10 місяців тому +2

    My father is work for Jain he often said that the Jain have strong bonding with his family and with his business partners.

  • @SaiPraneethMullapudi
    @SaiPraneethMullapudi 10 місяців тому +13

    Sir I think the turnaround of PSU banks can be a great case study if possible make a deep dive into that as Think School masters giving out information after a deep dive.

  • @omarusmani1
    @omarusmani1 5 місяців тому

    Great video! Amazing work - keep it up and thank you for sharing / educating us all! Thank you

  • @thejeetmehta
    @thejeetmehta 10 місяців тому +1

    Great case study!!

  • @mokshildesai8631
    @mokshildesai8631 10 місяців тому +3

    Proud to be an Jain and a diamond merchant ❤❤

  • @bharatavarsha10k
    @bharatavarsha10k 10 місяців тому +94

    For all the hate-mongers who comes saying godi media and all the stuff.
    These Jains are a minority which never complained about anything.
    They work on their own, they save and build empires.
    Don't cry on them, work hard and earn for yourself and your family.
    Tum bhi Godi ka owner banega ek din.

    • @sympathiser_of_Germans_in_40s
      @sympathiser_of_Germans_in_40s 10 місяців тому +2

      Aree bhai if they stop moaning in the name of "minorities", how will they run their political agenda?

  • @jitendraupadhyay3478
    @jitendraupadhyay3478 10 місяців тому

    Thanks for making such wonderful videos..!!

  • @neeveshjain
    @neeveshjain 10 місяців тому +7

    I am a jain and i can relate to this video every second. We do also have a business shower kind of thing means if I start a new business today i do not have to worry about customers as the jain community of the respective city is now a permanent customer of mine, this can later lead to mouth to mouth advertising and there is this ease of doing business in jains.

  • @youtoob5130
    @youtoob5130 10 місяців тому +3

    Jai Jinendra!

  • @komalkhankhoje4890
    @komalkhankhoje4890 10 місяців тому +8

    So happy to see information on angandiya....cause it shows the comment and honesty. At last someone is talking about it.
    In terms of relationship management with other business man is common in many Gujarati communities, we call it "samband sachva". Been born and brought up at Surat I am so proud that this hidden facts are out now to the world.
    Gratitude 🙏

  • @shikhar877
    @shikhar877 10 місяців тому +1

    Keep up the good work Ganesh❤

  • @rushabhpatel3323
    @rushabhpatel3323 10 місяців тому +3

    Hello Think School Team....
    Ganesh, I'm learning and watching your videos from the very beginning but today in this video I think you talked about relations in business which is very crucial in business and personal relationships. As I'm coming from business family so want to share that there are many things more beyond than money and fame in business. It must be ethical, have some good relationship etc.
    Not only Jain, but I would say Gujarat is the state where each and every person in business helps a lot and they know that if we help each-other that bond will repay somewhere and somehow.
    Thank you for sharing this. Love from Surat.

  • @mohammadmadu
    @mohammadmadu 10 місяців тому +16

    There is a trend called Nepotism which every rich and successful person children are facing but in case of Jains even I had Jain friends there are too supportive for there relations and also for me to they helped a lot.

  • @brijeshribadiya
    @brijeshribadiya 10 місяців тому +3

    Diamond ka dhandha Trust pe chalta hei
    Without Connection its very very difficult to Survive

  • @sd5586
    @sd5586 10 місяців тому +1

    Lovely....Jains are really an inspiration

  • @leeladevichhajed8331
    @leeladevichhajed8331 10 місяців тому +1

    Thanks a lot,for understanding jain core value and presenting in right manner

  • @VikramKumar-le4tl
    @VikramKumar-le4tl 10 місяців тому +3

    I think Even Think School partner (parsh kothari) is a jain.. we jains are proud that he scaling the think school to new high everyday.....❤

  • @jainspeakschanakya5412
    @jainspeakschanakya5412 10 місяців тому +3

    Love from Jain Community ❤
    We all appreciate your efforts of making regular and very good content which help us to learn from other's success and failure.
    Once again Thanks 🙏❤

  • @naveengwalia4007
    @naveengwalia4007 10 місяців тому +1

    beautiful explanation

  • @ShashankChaganty
    @ShashankChaganty 9 місяців тому

    very very well presented, thanks

  • @Dr.Vichitra_101
    @Dr.Vichitra_101 10 місяців тому +51

    People say Modi has sold India but they refuse to see that the things he has done for his Home State is incredible. He has made Gujrat very business oriented and open. Also the people who tell that Modi is bad elect people who are against their own growth every time. Remember that we can play blame games for eternity but it takes guts to change that cycle.

    • @jayeshlambore998
      @jayeshlambore998 10 місяців тому +10

      Gujrat is pioneer in trading before modis 10s of generation so stop this bhakti and yes he has now helped few businessman but bigger ones not the small businessman

    • @junglee-bee
      @junglee-bee 10 місяців тому +5

      Acha... toh Gujarat 1970s me tatti tha?

    • @deva4863
      @deva4863 10 місяців тому +1

      ​@@junglee-beelol 🤣🤣

  • @techworld5880
    @techworld5880 10 місяців тому +3

    Please put all 3 lessons in text in screen end of videos, I take screenshots to refer later ,and its helping us

  • @auspicious422
    @auspicious422 10 місяців тому +1

    Only channel on UA-cam whose all video I have watched till date and still wait eagerly for all new video.

  • @ashish82ashish
    @ashish82ashish 10 місяців тому

    thanks for sharing this!!

  • @hardikpoddar5222
    @hardikpoddar5222 10 місяців тому +8

    Make a video about India's
    1. increased services PMI
    2. Reduced Debt to GDP ratio
    3. And other measures the government took to improve the Nation's Economy in the last 9 years.
    There is Pathfinder video on this by Anirudh Sir

  • @anantjain8910
    @anantjain8910 10 місяців тому +4

    The secret to having a long term relationship lies in the very fundamental value of janism.

    • @FollowMyBio
      @FollowMyBio 10 місяців тому

      exactly,
      Anekaantwaad, Asteya, Satya👏

  • @joseph_paul
    @joseph_paul 10 місяців тому +1

    Divided we fall United we stand !!! This video is the best example of how human beings as a group / community can win over the challenges of the world.

  • @sandeepsurendran2515
    @sandeepsurendran2515 10 місяців тому

    Thank u for giving us lessons about the jains' community...love from kerala

  • @_curiosity...8731
    @_curiosity...8731 10 місяців тому +27

    May be Jains initially ruled the diamond industry but now the “Patel’s” have captured the diamond kingdom

    • @322-sybmsarchitjain8
      @322-sybmsarchitjain8 10 місяців тому +1

      Congratulations guys🎉 May we grow further

    • @_curiosity...8731
      @_curiosity...8731 10 місяців тому +3

      @@322-sybmsarchitjain8 I may sound arrogant but that was not my intention, Patel’s actually learned from other businesses communities about how to do business. But yes, I would also say, may we all grow further, we all Indians..

  • @suchita52
    @suchita52 10 місяців тому +4

    There is a lot of similarity in the Jews & Jain communities. Very sharp, good business sense & finance mgt. a close knit community have very strong spiritual / religious rooted.

    • @deva4863
      @deva4863 10 місяців тому

      Yeah , they both work in same way. Involved in same type of activities, Those who know they know what I mean . 💀

  • @abhaydixit2344
    @abhaydixit2344 9 місяців тому

    Very comprehensively covered diamond traders of India . Great presentation

  • @goldysonani2002
    @goldysonani2002 9 місяців тому +1

    As I related with this industry no only Jain community but kathiyavadi Patel is also play vital role for growth of this industry

  • @luisinh0o
    @luisinh0o 10 місяців тому +24

    Satisfying all my needs without the government assistance is truly a goal worth aspiring towards. Achieving a return of $20,000 on investment of $7,600 is the reward of sound financial planning and strategy.

    • @EkthaRider
      @EkthaRider 10 місяців тому

      HOW! I would really appreciate if you tell me how to go about it.

    • @luisinh0o
      @luisinh0o 10 місяців тому

      This is all thanks to Mr Dewayne Cox. I invest with him and have made a lot of money investing with him

    • @garrymonkk
      @garrymonkk 10 місяців тому

      I heard a lot of investing with Mr Dewayne Cox how good is he, please how safe are the profit

    • @jessiesmith7843
      @jessiesmith7843 10 місяців тому

      Please how can I reach out to Mr. Dewayne Cox? I urgently need his management on my INVESTMENTS !

    • @KriskyxBizcuit
      @KriskyxBizcuit 10 місяців тому

      After watching so many UA-cam tutorials on trading I was still losing, until Mr. Dewayne Cox started managing my investments now I make $6,800 a week. God bless you Dewayne Cox, you have been a blessing to my family.❤️

  • @pavitrajalan3989
    @pavitrajalan3989 10 місяців тому +3

    Proud to be a surtiii

  • @devendrapurushe94
    @devendrapurushe94 9 місяців тому

    Wow. You are a great teacher, who holds his listeners attention 100%. And must complement the Jain Community for getting the Diamond Business into India.

  • @venstomon931
    @venstomon931 10 місяців тому +1

    Totally fascinating. Jai Mahaveer🙏

  • @namanbakliwal6263
    @namanbakliwal6263 10 місяців тому +3

    Proud to be jain ❤️

  • @subhankarroychowdhury
    @subhankarroychowdhury 10 місяців тому +6

    The so called reserved 'Peaceful' minority should learn from another minority that how to build a Nation....As a Bengalee I feel proud of Jain community....❤

    • @dabhipiyush53
      @dabhipiyush53 10 місяців тому +4

      Minority!?
      20 cror+ and still minority!?

    • @p5ychy
      @p5ychy 10 місяців тому

      @@dabhipiyush53 lmao exactly what i was thinking they 20cr people could almost populate the entire russia
      But i think its more about the poverty running in their communities

    • @subhankarroychowdhury
      @subhankarroychowdhury 9 місяців тому

      @@dabhipiyush53 yes Unfortunately they are, according to our Constitution and National commission for minorities act 1992

  • @thejeetmehta
    @thejeetmehta 10 місяців тому

    Few things you mention was already known to me but still history about it was something that I never heard of it... Hats off to yoy

  • @janavisundaresan6419
    @janavisundaresan6419 8 місяців тому

    Again a gem. Thanks