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Surat - The Business Hub of Gujarat

Posted by: Ginger Hotels
08 Jul
No
Surat - The Business Hub of Gujarat
Surat, also known as the 'City of Diamonds' is one of the most visited destinations among tourists in Gujarat. But a huge fact about Surat remains hidden. The delighting city of Surat is one of the top business destinations in Gujarat for commerce and investment.
Located at the mouth of the Tapti River, Surat is an architecturally rich city in the western part of Gujarat. Once globally known for silk weaving, Surat still remains a well-known commercial centre for textiles, and the New Textile Market area is lined with fabric shops.
The city has well-established diamond and textile industries and is a shopping centre for apparel and accessories. It's a well-known fact that global diamond business across the world is dominated by entrepreneurs from Gujarat. One is certain to find diamond units all across the city. The Surat diamond business is also well-connected with multiple diamond centres around the world like London, Dubai, New York, Mumbai, and the whole of Africa.
The textile industry also has a big foothold in the city. With numerous mills scattered all around the city, the textile production from Surat every year is significant. You will find many manufacturers as well as wholesalers of textiles and sarees located in markets in Surat.
Surat is also emerging as the top place for companies to open offices in the state of Gujarat.
The city registered an annualised GDP growth rate of 11.5% over the seven fiscal years between 2001 and 2008 and was awarded "best city" by the Annual Survey of India's City-Systems (ASICS) in 2013. 
Surat is the second-largest commercial hub in Gujarat. Its proximity to Mumbai and Ahmedabad has fuelled demand for residential and commercial property in the city. In addition to commerce and FMCG, the city has an increasing demand of housing and hence recently many infrastructure projects, both residential and commercial, have increased by multi-folds in the city. It counts as a city with a huge demand for housing.
For the accommodation options in the city, one of the best hotels in Surat is Ginger Surat City center, which is located opposite the railway station and is at a thirty-minute drive from the Surat International Airport. The central location offers easy accessibility to major Commercial hubs like Khatodara, Olpad, Bardoli, the saree wholesale markets and the diamond markets near Varachha.
Owing to many reasons and studies, Surat, the business hub of Gujarat is one of the top destinations to start a business in, and the perfect place to invest your money in.
 
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