Estimated reading time: 12 minutes
YUGEN REALTY, SURAT
The city of Surat, renowned globally as the diamond and silk city, will now adopt a new identity: the IT hub of Surat. New IT companies are emerging one after another in the vast Varachha and Uttran area of Surat city. According to estimates, more than 700 IT companies are currently operating solely in these regions. With new innovations, the area’s gigantic commercial buildings are bustling with IT companies. In response, the South Gujarat Innovation and Technology Council launched a campaign to name the large Varachha and Uttran areas of Surat as Digital Valley. A special program was organized for this purpose, marking the first event in the state where the entire area was renamed by the people. The program should be organized, and people should support it by participating enthusiastically. On March 1, 2024, a public ceremony organized by the South Gujarat Innovation and Technology Council at Mota Varachha-Uttran unanimously decided that the area of Mota Varachha and Uttran will henceforth be known as Digital Valley. A study has also revealed that approximately 8500 e-commerce companies are operating in the three-kilometer area of Greater Varachha and Uttran alone, selling various products through e-commerce platforms. Especially notable are mobile covers, umbrellas, sarees, dress materials, shoes, and many other items including mobile phones, laptops, chargers, body sprays, branded shoes, and clothes sold on this platform. The algorithm for online share trading was created by Surat himself
Algorithm of online share trading was created by Surat himself
The city of Surat has also made the biggest contribution to the digitalization of the Mumbai Stock Exchange, the largest in the country. The idea of online share trading was first introduced to the pioneers of the Bombay Stock Exchange by IT experts from Surat. The website and software for it were also prepared in Surat itself. Surat’s IT experts have contributed significantly to the digitalization observed in the Mumbai stock exchange in recent years, with new ideas continually emerging and proving successful. Even in the country’s largest stock exchange, the online share trading algorithm developed by Surat’s youth is being utilized, which is a matter of pride for Surat. Companies in Surat receive orders from the UK, USA, Australia, and Dubai. In recent years, various IT companies in Surat have gained recognition in the international market with significant innovations and ideas. In 2019, more than four thousand applications were uploaded by various IT companies in Surat on platforms including the Google Play Store, leading to Google paying approximately four thousand crore rupees to these companies. What makes this noteworthy is that most of these app-uploading companies were from the Varachha area, showcasing Surat’s capability in creating apps and websites across all categories. These companies have been receiving work orders from various countries, including the UK, USA, Australia, and Dubai, for the past four years, with a large number of IT experts involved in this work. Big IT companies in Varachha and Uttran areas of Surat have also gained recognition in foreign countries.
Employment for more than 25 thousand youths in Surat
Small and large IT companies in Surat are striving to contribute to the country’s foreign exchange reserves. Additionally, these companies are actively engaging in employing skilled youths across various fields. In Surat itself, over 25 thousand youths are employed by online trading companies and software firms. These companies boast turnovers ranging from 50 lakhs to 100 crores annually, with a significant portion coming from software orders abroad. Currently, young individuals pursuing degrees in fields like MSc IT, MCA, and Computer Science, who used to seek employment in cities like Bangalore, Hyderabad, or Mumbai, are finding opportunities on the outskirts of Surat.
Inquiry to initiate units of Mumbai-Delhi companies
Thanks to the entrepreneurial spirit of Surat’s youth, new IT companies are emerging. The Varachha and Uttran areas in Surat have been designated as Digital Valley, prompting significant IT companies from cities like Mumbai and Delhi to explore establishing their units there. Tier one cities’ IT firms have also displayed interest in Surat’s digital valley. Moreover, major companies from cities like Delhi and Mumbai are contemplating relocation to Surat, promising to elevate Surat’s IT sector to unprecedented heights in the near future.
Surat required a new industry – Kanji Bhalala
The city, renowned as the Textile and Diamond City, now sought a new industry. In such circumstances, the youth of Surat have swiftly carved a niche in the digital field, opening doors to a new industry through IT companies in the Surat Uttra and Greater Varachha area, now designated as Digital Valley. Nevertheless, Surat required a fresh industry. In light of this, Surat has received the gift of the IT industry. Through Digital Valley, Surat’s IT sector’s reputation will further resonate internationally, establishing Surat as an IT hub in the days ahead, alongside its titles of Diamond City and Silk City.
New startups in the IT sector will receive investment – Ganpat Dhameliya
A – President, South Gujarat Innovation and Technology
The initiative of gathering information about IT companies operating in Surat began four years ago. Initially, it was discovered that approximately 200 IT companies were operational in the Uttran and Mota Varachha areas alone, falling under the pincode of Uttran Mota Varachha. Subsequently, upon conducting the survey, it was realized that within a short span of four years, the number had surged to 500 to 700 IT companies operating in Surat’s Uttran and Greater Varachha area. Google has also bestowed the title of Historical Landmark of Surat upon Mota Varachha and Uttran. Surat is poised to attract 2500 new investments in the foreseeable future, owing to the vast scope that can be easily tapped into. It is evident that the IT entrepreneurs of Surat are prepared to propel Surat into the limelight as an IT city in the coming days.
Silver Group is a leading developer of IT Park.
Silver Group is the leading developer group to build an IT park in Surat’s Uttran and Greater Varachha area, now known as Digital Valley. With the successful completion of several commercial and residential projects, Silver Group has a large base of satisfied clients with their services. Silver Group’s journey into the IT park development sector began in 2014 when they launched the Silver Business Point project, which was initially built for mixed-use. But slowly, IT companies started coming into their project, and the number of companies started working on this project. Considering the success and demand, Silver Group launched a project named Silver Trade Center dedicated to IT companies in 2020. During the period of Corona, IT employees did not find it appropriate to travel for work. They expected to find work nearby. The project became ideal to meet the needs of local IT personnel and reduced travel requirements. More than 60% of IT companies were employed in this project. More IT Park projects are planned to further expand their presence in this booming sector as demand increases. Thus, today Silver Group has made its mark as a leading developer of IT parks.
Silver Group’s Visionary IT Park Developments in Digital Valley (Uttran): Silver Infinity
Silver Group, under the leadership of Dineshbhai Jhinjhala and Hirjibhai Dudhat, embarked on the journey of developing an IT park by carefully knowing and understanding the specific needs of IT companies in terms of real estate. IT companies are always looking for infrastructure that promotes creativity, collaboration, and efficiency. Keeping this in mind, Silver Group planned the development of Silver Infinity IT Park and Cyber City IT Park to meet these demands and needs. IT companies prefer open spaces that encourage communication and exchange of ideas among employees. As a result, both IT parks were designed with landscaped gardens and open areas including outdoor seating, creating an environment conducive to teamwork and relaxation. Today, both these projects for IT companies are eagerly awaited to be completed soon, and they can work in a world-class working environment.
Many international standard amenities like a cafeteria area and a deck balcony for employee dining are included in both projects, which will also give the employees a refreshing break in between their working day. Also, the parking facilities were carefully planned and are 2.5 times more than the mandatory requirement prescribed by GDCR, which will provide equal comfort and accessibility for employees and visitors. This vision to understand and fulfill the needs of IT companies has positioned Silver Group’s IT Park as the destination of choice for IT businesses looking for a modern, functional, and employee-friendly workspace.
Silver Group – Hitesh Vaghasia and Rajendra Godhani’s IT Park Surat Digital Valley with Corporate Excellence
Hiteshbhai Vaghasiya and Rajendrabhai Godhani of Silver Group have planned the development of Surat Digital Valley – IT Park, fully understanding the needs of IT companies in terms of real estate. The project has been designed and developed through a detailed analysis of IT companies’ workspace preferences and operational needs.
All precautions have been taken to ensure a peaceful corporate environment conducive to IT employees. Therefore, to maintain a calm environment in Surat Digital Valley, hospitals, hotels, and cafes have been banned from being included on the premises. Only professional companies can operate from here. IT Parks are dedicated to professional activities and enable them to work in a quiet and efficient working environment.
Additionally, the project design incorporates deck balconies for the units, which will provide employees with refreshing outdoor spaces across higher floors and panoramic views. This makes the workplace dynamic and attractive. Open spaces for recreation are kept on the higher floors, providing opportunities for employees to rest and reflect during breaks.
With an expected occupancy rate of 70-80% by IT companies, Surat Digital Valley – IT Park demonstrates Silver Group’s commitment to understanding and addressing the unique needs of IT businesses.
In this way, thereby establishing itself as the premier destination for IT-related ventures.
Digital Valley: A Gateway to India’s Technological Evolution – Dr. Dhirajlal Kotadiya
Renowned social entrepreneur and Founder-Chairman of Sahajanand Technologies Pvt. Dhirajlal Kotadiya made a very interesting point during the program to name the Uttran area as ‘Digital Valley’:
He predicted India’s rising age in the next 30-40 years, looking at the stages of development of human civilization so far, first emphasizing physical strength, then organizational skills, mantra age, industrialization, and now the key role of technology in reshaping human life. According to him, the Enlightenment Age will dominate the near future.
Dr. Kotadiya welcomed the initiative to rename IT-ITes growth as ‘Digital Valley’ like Silicon Valley. He predicted several positive outcomes: the initiative would shake up the technology market, attract more big IT players and IT talent-employees, attract hardware suppliers and allied industry companies, boost real estate, and create a win-win situation for industry and society.
He also said that the potential for growth in Tier-II cities is very high and such initiatives will be key in India’s journey to become a developed nation.
Dr. Kotadiya drew public attention to the strategic importance and positive impact of this initiative. Uttran was renamed as ‘Digital Valley’, ushering in a new era of technological advancement and growth.
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Disclaimer : This information has been collected through secondary research and Yugen Realty Newspaper is not responsible for any errors in the same.
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