surendranagar Dudhrej is situated in the Surendranagar district of Gujarat. During the colonial era, Surendranagar was used as a hill station for medication and treatment. Its dry environment was beneficial for various ailments. The dry air of Surendranagar is still believed to be the apt place in Gujarat to bring relief to patients of tuberculosis. Surendranagar has many SMEs including confectioneries, ceramics, pharmaceuticals, engineering plastics and salt production. Nearly 25% of Indias salt supply comes from Surendranagar. The Wadhwan city near Surendranagar functions as a major hub for trade and processing of cotton, agricultural products, salt, chemicals, pharmaceuticals, plastics, textile bearings, ceramics and sanitary ware. Surendranagar is also a hub of cotton and ginning activities. Numerous ginning and pressing units can be found in the area. It is a large producer of premium quality shankar cotton in the world. The Surendranagar Cotton Oil and Oilseeds Association Ltd. is famous for trade and exchange. It is Indias first Cotton Future Trading Exchange and was established in 1964. Home to a big textile and clothing market, Surendranagar specializes in saris. Vadwala Mandir of the Rabari community is situated in Surendranagar and attracts many visitors of the community on important days of rituals and ceremonies.
The Shamrao Vithal Co-op. Bank Ltd. or SVC Cooperative Bank Limited, is a banking company incorporated under the Companies Act, 1956 a scheduled bank, and one of the oldest Urban Co-operative Bank in India built in 1906. The bank was set up when co-operation was just started in the country. It was established with the primary aim of helping the less fortunate members of the community under the ambit of its economic enterprises. It was also to encourage savings and to create funds for providing financial aid to deserving members.Mr. Rao Bahadur Shripad Subbarao Talmaki was the chief architect of the Bank. The Bank was initially registered as a Co-operative Credit Society on 27 December 1906. The Bank is present in 10 States of India. Maharashtra, Karnataka, Tamil Nadu, Telangana, Delhi, Rajasthan, Haryana, Goa, Gujarat and Madhya Pradesh. In 1907, cumulative deposit scheme, fixed deposit scheme and saving bank deposit were introduced by the bank. After that in 1911, the facilities for remittance were made available to the members by the draft. In 1913, the cash credit scheme was introduced by the bank. In 1956, facilities were thrown open to all communities. In 1988, the Shamrao Vithal bank was conferred the scheduled bank status.