“Nothing is more simple than greatness; indeed, to be simple is to be great.” ~Ralph Waldo Emerson’s these words stand true when you talk of Dilipkumar Lakhi, Chairman of Lakhi Group. A journey that began over six decades ago has earned this astute businessman many accolades. Yet, when you meet him for the first time, simplicity is all you come across.
Early days
Coming from the gemstone
business family, Dilipkumar’s
tryst with gemstones started
early. Before the partition in
the year 1944, his father Shri
Vishindas Holaram from Sindh,
Shikarpur (part of United India)
set up and continued with his
gemstones business in Jaipur.
Fine craftsmanship from Jaipur
had already made its mark on the
international gems and jewellery
map. At the age of 13, young
Dilipkumar was taking tuition
and handling business in his free
time. The more he got himself
involved in his father’s business,
the more he was impressed by
his father’s business acumen,
struggle and strong spirit.
In 1972, at the age of 22, Dilipkumar was sent to Mumbai to set up a base and establish himself in the city’s Zaveri Bazaar. It was the time when India was emerging as the major centre of diamond processing and Dilipkumar exploited this opportunity using his best qualities. It was his sheer determination, self confidence that has helped him turn the business into an empire. The company is well known and respected by the entire industry for their exceptional business ethics. Lakhi Group was the first ever group to have set up Asia’s largest factory and to produce more than a million carat of polished diamonds.
The Company The Lakhi Group specializes in manufacturing diamonds from colourless to brown in all sizes and has also begun creating diamond jewellery. The Group is not only the leading producer of small diamonds in the world but also one of the major exporters of diamonds from India. The Group has perhaps the world’s largest diamond polishing factory in Surat, India, with over 6,000 workers under their roof. Their USP “Power of choice” - offers unparalleled marketing options to help meet the customers’ ever changing needs. The company has been a DTC Sightholder since 1993.
All key positions in the company are handled by the family, with Dilipkumar’s three brothers – Motiram V. Lakhi, Prakash V. Lakhi and Deepak V. Lakhi – heading operations in Hong Kong, New York and UAE. Here, in Mumbai, Dilipkumar along with his brother Girdharilal is assisted by his son Chirag Lakhi, and Girdharilal’s sons Manish and Ritesh. The Lakhi family probably is the only Sindhi family among the big players amongst the Gujarati dominated diamond business in India. They started out modestly in Jaipur as traders in precious stones and then moved into manufacturing.
Family Matters
Dilipkumar was married
in 1976 to Karuna. He has three children – his son Chirag
and daughters Abhilasha and
Prerna. His wife Karuna has
been his inspiration in all his
works for humanity. The family
stays together as one household
in Mumbai’s Malabar Hill
area. Talking about his family,
Dilipkumar says, “We are strict
vegetarians; we don’t drink, and
smoke.”
Dilipkumar himself usually spends his evenings watching television till he retires to bed. He still travels regularly on work, usually to London, but he keeps his trips as short as possible. Of all the places he’s travelled his favourite remains Kobe, near Osaka in Japan, a town he liked so much that he even thought of going to live there.
Philanthropist
As a head of the leading
diamond manufacturers
in the world, Dilipkumar
Lakhi believes strongly in
his commitment towards the
society. The company has
made significant contributions
towards construction of schools, promotion of education within
the Indian Gems & Jewellery
Industry, providing scholarships
to deserving individuals and for
setting up a school to provide
primary education to children
from the villages. It also provides
medical relief to the poor and
the needy and has contributed
towards medical equipment
to Cancer and other hospitals.
The group has also made
valuable contributions towards
the construction of houses for
Tsunami victims and providing
rehabilitation to the victims of
Gujarat earthquake and flood.
Lakhi champions the RSS-led
Ekal Vidyalaya (one teacher
schools) programme which
provides education in mofussil
areas. The group had also made
magnificent contribution towards
GIA’S Endowment for Education
in India.
The Lakhi Group has contributed for the building of
one of the big School buildings,
St. Mira Brotherhood, Jaipur.
The School building was
inaugurated in the presence of
Mrs. Pratibha Patil, President of
India. The building was built in
year 2007. The group has also
contributed to Bhagwan Mahavir
Cancer Hospital & Research
centre, Jaipur and IIGJ Mumbai.
Media Attention
In 2003, Dilipkumar Lakhi hit
the media headlines as highest
individual tax payer and the media went berserk in its effort
to know about the man. But the
man under the spotlight was
totally oblivious to the entire
media frenzy. “I don’t know what
the fuss is about.” he had told
then to a leading media daily.
“I don’t believe I have done
anything great.”
Dilipkumar again became the talk of the town when he bought Cadbury House, a popular South Mumbai landmark. Acquired by Cadbury in 1981 and refurbished in 2001, the white, art deco building comprises two structures: a two-storied office and an eight-storied residential block that is home to several senior employees.
Recently, Lakhi family has contributed around 40 kg of gold to the Somnath Temple in Gujarat. He has done so on previous occasions as well, and his total contribution of the yellow metal to that shrine now stands at 109kg.
Accolades
In March 2016, Dilipkumar
Lakhi was bestowed with Lifetime
Achievement Award at the 42 nd
India Gem & Jewellery Export
Promotion Council Awards in
Jaipur.
In recognition of his contributions to community, Dilipkumar was conferred “The Outstanding Citizens Award” by the Sindhi Chamber of Commerce in Chennai in 2001 and prior to that he was honoured as a “Kohinoor” and many more.
Humility
All in all, what touches you the
most is the humbleness of Dilipkumar
Lakhi. Media has showered
heaps of praise on him for his benevolence
and philanthropy; he
has been honoured at various occasions
for his contribution to the
society as well as to the gems and
jewellery industry but he is still the
simple man. He is a leader who
knows well that success is not the
fruit of one man’s effort. For Dilipkumar
Lakhi, it is not only his family
members but also his co-workers,
suppliers and customers, who
have been crucial to his success.
He says his success is the result
of everyone who has co-operated
in making the Lakhi Group a big
name.
Certainly, an example to emulate!
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