Economy
The GDP-gross domestic product of Surat metro was estimated at $10 billion in 2010. Surat GDP was 9th highest GDP in India during 2011-12. Surat is known for diamonds, textiles and recently for diamond-studded gold jewellery manufacturing. The City accounts for:
+ 90% of the world’s total rough diamond cutting and polishing,
+ 99.99% of the nation’s total rough diamond cutting and polishing,
+ 90% of the nation’s total diamond exports,
+ 40% of the nation’s total man made fabric production,
+ 28% of the nation’s total man made fibre production
+ 18% of the nation’s total man made fibre export, and
+ 12% of the nation’s total fabric production.
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Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)