Hari Krishna Exports Founder Savji Dholakia On How Philanthropy Can be Geared Towards Climate Change A conversation with Padma Shri laureate Savji Dholakia, the founder of the multi-generation family business, Hari Krishna Exports, on increasing access to water in rural India

By Priyanka Gupta Zielinski

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Dholakia Foundation
Savji Dholakia, founder, Dholakia Foundation

As the UAE gears up to host 28th edition of the Conference of the Parties of the United Nations Framework Convention on Climate Change (COP28) at the end of the month, I would like to draw your attention to a documentary that will be presented by the Dholakia Foundation, the philanthropic arm of Hari Krishna Exports, an Indian family business, on their water conservation projects, as well as afforestation and environmental action. The story traces the journey of the organization's founder, Savji Dholakia, towards creating 140 lakes, and increasing access to water in rural India.

As someone who has always been fascinated by unique stories of family businesses, I have watched Hari Krishna Exports through its growth journey over the past decade. Hari Krishna Exports, a diamond cutting and polishing company founded in 1977, is one of the world's leading diamond exporters. Dholakia, a self-made first generation founder, is renowned for his entrepreneurial spirit as well as his unwavering commitment to social causes. Despite facing early setbacks, he built Hari Krishna Exports into a global diamond empire, employing thousands, and empowering communities. His philanthropic endeavors, including planting millions of trees and constructing water conservation projects, have earned him the prestigious Padma Shri award (India's fourth-highest civilian award), solidifying his legacy as a beacon of hope and inspiration.

Source: Hari Krishna Exports

However, when Dholakia and I sit down to unpack what makes a family business successful and how he found his calling towards social impact, I couldn't help but be amazed by the clarity of his thought and his sheer grit in charging ahead. Dholakia and Hari Krishna Exports will also feature as one of the 12 family businesses I will engage with deeply in my upcoming book, Stories of Grit from Indian Family Businesses.

What is your secret to mentoring the next generation, I ask. Time spent with them, says Dholakia, determinedly. He always takes at least one of his nephews with him as he attends key engagements, global conferences, or important visits. To him, the essential ingredient is mentorship, bringing the next generation along for them to firsthand experience for themselves the grit it takes to see a challenge through. Grit will test your patience, says Dholakia, and so will Mother Nature. That's why Dholakia approaches his climate goals with the same grit and patience as he relies on for his business goals.

Related: Charting The Future: The UAE Emerges As A Leader In Sustainable Infrastructure Development

Source: Hari Krishna Exports

Under Dholakia's leadership, the Dholakia Foundation and Hari Krishna Exports have implemented various initiatives aimed at preserving and replenishing water resources in India's drought-prone regions. Dholakia noted how he has been successful in his business because he has maintained tremendous control over all the various elements of decision-making in his business, and how he wants to bring that very skillset, that understanding of every level of how business operations are conducted, to having meaningful impact in the environment. Indeed, Dholakia says that he wants to play an instrumental role in the way that resources, especially financial resources, are deployed for meaningful impact. According to him, the best return for his philanthropic investment is by using it towards combating climate change.

Water conservation is a pressing issue in India, where water scarcity is a significant concern, particularly in regions experiencing water stress. The Indian state of Gujarat has experienced unprecedented cycles of draught in the last decade. For Dholakia, growing up in rural Gujarat, economic success was directly linked with access to water. He first-hand witnessed that water can not only transform lives in terms of improving health and hygiene, but also in terms of economic opportunities for farming and irrigation in rural India. To him, it was obvious that social impact endeavors had to be linked to combat water scarcity.

Source: Hari Krishna Exports

With this clear vision from their leader, the Dholakia Foundation set out to create more than 140 lakes in drought-stricken areas of India. These lakes store 13 billion liters of water, which create direct and indirect benefits for 250,000 farmers. The creation of lakes has provided access to clean drinking water for thousands of people, improved agricultural productivity, and enhanced the livelihoods of local communities. Plus, these lakes have not only provided a reliable source of water for communities, but they have also helped recharge groundwater aquifers and revitalize the surrounding ecosystems. Recognizing the importance of trees in water conservation, the organization also planted over 2.5 million trees across 25 locations in Gujarat. Trees help absorb rainwater, reduce soil erosion and flooding, and improve overall water retention in the landscape. No wonder then that the UN Water Conference and the World Meteorological Organization have both lauded Dholakia's commitment to create impact of this scale.

Related: What You Need To Know As The World Gets Ready For COP28 In The UAE

Priyanka Gupta Zielinski

Author, The Ultimate Family Business Survival Guide, and Executive Director, MPIL Steel Structures

Priyanka Gupta Zielinski is a business leader and author. Her first book, The Ultimate Family Business Survival Guide (Pan Macmillan), is a unique manual to help family businesses thrive even in times of crises. Her upcoming second book showcases stories of grit from different sized family-businesses across India.

As the Executive Director of MPIL Steel Structures Ltd, Priyanka has led her family business to exponential growth and diversification. She holds a bachelor’s degree in economics and gender and women’s studies from Connecticut College, as well as a master’s degree in international public finance from New York University.

Zielinski is Dubai-based, where she has co-founded her family businesses, White Rock Minerals and Dubai By Foot with her husband.

Related Topics

Business News

He 'Accidentally Discovered' a Semi-Passive Side Hustle in College — Now He's on Track to Make More Than $500,000 This Year

When a lack of funding put a stop to Zach Downey's pizza vending machines, he stumbled upon another lucrative idea.

Starting a Business

A Decade In Review: Morrad Irsane And Sharene Lee, Co-Founders, Takadao

"There were many ups and downs in the past 10 years; I truly know what it means to be a startup entrepreneur now."

Business Ideas

55 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.


The Rules of SEO Are Changing — Here Are 5 Powerful Strategies to Help You Rank in 2024

Do you need help to rank well on Google due to new algorithm updates? Discover five SEO strategies that work in 2024.

Starting a Business

Startup Spotlight: UAE-Born Meta[bolic] Is Redefining Healthcare

With his UAE-born healthtech startup meta[bolic], co-founder and CEO Ali Hashemi is aiming to be a pioneer in the hybrid healthcare space.