Advertisement
Wednesday, Dec 01, 2021
Outlook.com
minority status

We Are Family...

There is a divide but most Jain biggies welcome the minority status

We Are Family...
Photographs: Soumik Kar, Tribhuvan Tiwari, Getty Images
We Are Family...
outlookindia.com
-0001-11-30T00:00:00+05:53

Interest Included

  • Education is given priority resulting in 94% literacy; trusts run a large number of schools
  • Enterprise seems to be in DNA, no opportunity from small stores to exports is overlooked
  • From money-lending to banking and other financial services, it’s been a natural progression
  • Charity is taken seriously; trusts offer help to all including “birds and animals”
  • Jain food is today understood universally as vegetarian sans onion and garlic
  • It’s a close-knit community but it hasn’t stopped migration in the quest of opportunities

***

The best example of the global heft of the Jain business community would be its outstanding success in overthrowing the Jews to dominate the diamond trade in Antwerp. Journalist Pallavi Aiyar tries to understand how this unravelled in a chapter in her new book Punjabi Parmesan. ‘Baron’ Dilip Mehta, CEO of leading diamond manufacturer Rosy Blue, gave Aiyar the Jain formula. “We are married to our work. We will work at night. We will work on the weekends. We will do whatever it takes to get a client. And we’re willing to work this hard even for small margins,” he said, adding “my family always comes second to the business.”

Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

UN Seeks Release Of Kashmiri Activist Khurram Parvez, Amendment In UAPA

UN Seeks Release Of Kashmiri Activist Khurram Parvez, Amendment In UAPA

The UN has sought probe into civilian killings in Jammu and Kashmir’s Hyderpora and called on the security forces and armed groups to exercise restraint.

Omicron Cases Spike: 21 Countries That Recorded New Covid-19 Variant

Omicron Cases Spike: 21 Countries That Recorded New Covid-19 Variant

South Africa, the first nation where the virus variant was detected, has reported 77 cases of Omicron so far, prompting travel bans across the world.

Man United, IPL Big Boys, Sydney Sixers Enter UAE T20 League

Man United, IPL Big Boys, Sydney Sixers Enter UAE T20 League

Lancer Capital has made its first-ever historic foray into cricket by acquiring a franchise in the UAE T20 league. The ECB has already roped in IPL teams like MI, DC and KRR.

Five Powerful Indian-Americans Rocking Silicon Valley, Parag Agrawal Latest Addition

Five Powerful Indian-Americans Rocking Silicon Valley, Parag Agrawal Latest Addition

As Parag Agrawal becomes the CEO of Twitter, the Indian diaspora's representation in the tech giants of America, especially the companies in Silicon Valley gets a new badge.

Advertisement