2018-05-09 @ 08:30:00

Top 100 Indian Business Owners In The Arab World 2018

The Indian community is the most populous expat community in the Gulf, and probably the most successful too. Many are long time residents of the region, having come to the Gulf much before the advent of oil that prospered the local economies. Indians today play a significant role in the GCC as they helm businesses that form a backbone of the regional economies. Billionaires of Indian origin, based in the Gulf, have a collective net worth of $26.4 billion, according to Forbes’ World’s Billionaires 2018. Having made their fortunes these top businessmen are now investing heavily, both in the region as well as in India. Lulu International Group is ramping up its presence in Saudi Arabia and now has 30 stores in the kingdom. The company plans to pump in more funds to the GCC’s largest economy with $136 million earmarked for investment in the next two years. Billionaire B.R. Shetty, who founded both UAE Exchange and NMC Health, is investing millions in education and healthcare within the Middle East and in India through public private partnerships model. Methodology In order to list the top Indian business leaders, we collected information from questionnaires, annual reports of companies, government and industry body statistics as well as companies. However, individuals who requested not to be on the list were excluded. Criteria For The Top Indian Business Owners Financial Impact: Revenues of the company irrespective of ownership stake as long as the owner is controlling the company Employment Impact: Number of employees Age of the company Transparency: On the basis of the quality and reliability of the information provided

ImageNameRankCompanyTitleSector

Yusuff Ali M.A.

1

LuLu Group International

Chairman and Managing Director

Retail

B. R. Shetty

2

BRS Ventures/ NMC Health

Founder and Chairman

Diversified

Ravi Pillai

3

RP Group of Companies

Founder and Chairman

Real Estate and Construction

Sunil Vaswani

4

Stallion Group

Group Chairman

Diversified

Sunny Varkey

5

Global Education Management Systems (GEMS)

Chairman

Education

Shamsheer Vayalil

6

VPS Healthcare

Chairman and Managing Director

Healthcare

Joy Alukkas

7

Joyalukkas Group

Chairman and Managing Director

Jewelry

Rizwan Sajan

8

Danube Group

Founder and Chairman

Diversified

Shaji Ul Mulk

9

Mulk Holdings

Chairman

Diversified

Basheer Kunhiparambath

10

Western International Group

Chairman

Diversified

Thumbay Moideen

11

Thumbay Group

Founder President

Diversified

Gagan Goel

12

Essel Group Middle East

Chairman and Managing Director

Oil and Natural Resources

P.N.C. Menon

13

Sobha Group

Founder and Chairman

Real Estate and Construction

Roy C.J.

14

Confident Group

Founder and Chairman

Real Estate and Construction

Azad Moopen

15

Aster DM Healthcare

Founder Chairman and Managing Director

Healthcare

Shamlal Ahamed

16

Malabar Gold and Diamonds

Managing Director International Operations

Jewelry

Adeeb Ahamed

17

Lulu Financial Group

Managing Director

Financial Services

Paras Shahdadpuri

18

Nikai Group

Chairman

Electronics

Ashok Bhawandas Awtani

19

Neelkamal Group of Companies

Chairman and Managing Director

Diversified

Siddeek Ahmed

20

Eram Group

Chairman and Managing Director

Diversified

Tony Jashanmal

21

Jashanmal Group

Group Executive Director

Retail

Sudhir Goyel

22

GP Global

Managing Director

Oil and Natural Resources

Ramesh Ramakrishnan

23

Transworld Group

Chairman

Transportation and Logistics

Yogesh Mehta

24

Petrochem Middle East

CEO

Oil and Natural Resources

Firoz Merchant

25

Pure Gold Group

Founder and Chairman

Jewelry

Jayant Ganwani

26

Lal�s Group

CEO

Diversified

Birbal Singh Dana

27

Dana Group of Companies

Chairman and Managing Director

Industrials, Retail

Anand Kapoor

28

Midcom Group

Founder

Food and Beverages

Harish Tahiliani

29

Arab India Spices

Managing Director

Food and Beverages

Dhananjay M. Datar

30

Al Adil Trading Company

Managing Director

Retail

Rajan Mathrani

31

Elekta Gulf

Managing Director

Electronics

Kamal Vachani

32

Al Maya Group

Group Director

Retail

J.P. Kalwani

33

Al Safeer Group

Chairman and CEO

Retail

Pradeep Kumar Handa

34

Royale Hayat Hospital / KAPICO Group Holding Company

Chairman/ Vice Chairman and Group CEO

Diversified

Naresh Bhawnani

35

West Zone Group

Founder and Chairman

Retail

Bharat Bhatia

36

Conares

CEO

Industrials

Hassan Darvesh

37

DARVESH

Chairman

Diversified

Kiran Asher

38

Al Ansari Group of Companies

Group Managing Director

Diversified

Faizal Kottikollan

39

KEF Holdings

Founder and Chairman

Diversified

Asgar S. Patel

40

House of Patels

Chairman

Transportation and Logistics

Harshad Mehta

41

7Cs

Founder

Jewelry

Jacky Panjabi

42

Jacky's Group of Companies

Managing Director

Retail

Korathe Mohammad

43

K. M. Trading Group

Chairman and Managing Director

Retail

Zulekha Daud

44

Zulekha Healthcare Group

Founder and Chairperson

Healthcare

Kabir Mulchandani

45

FIVE Holdings

Chairman and CEO

Real Estate and Construction

Vardaraj Shetty

46

Ramee Group of Hotels and Resorts

Chairman and Managing Worker

Hospitality

Kamal Puri

47

Skyline International Group Limited

Chairman

Education

Lalu Samuel

48

Kingston Holdings

Chairman and Managing Director

Trading and Distribution

Shafi Ul Mulk

49

Global Hawk Diagnostics

Chairman

Healthcare

Sohan Roy

50

Aries Group of Companies

Founder Chairman and CEO

Diversified

Sudhakar Tomar

51

Hakan Agro

Managing Director

Food and Beverages

Vasu Shroff

52

Regal Group

Chairman

Diversified

Ajay Bhatia

53

Bhatia Brothers

Managing Director

Diversified

George V Nereparambil

54

Geo Group

Chairman and Managing Director

Diversified

Hitesh Mehta

55

Renish Petrochem

Chairman and Managing Director

Oil and Natural Resources

Thomas K. V.

56

Thomsun Group of Companies

Managing Director

Diversified

Thomas Alexander

57

Al Adrak Group of Companies

Chief Executive Director

Real Estate and Construction

G.B. Jethwani

58

Geebee Group

Chairman

Industrials

Atul Ahuja

59

Flemingo International

CEO

Retail

Ram Buxani

60

ITL Cosmos Group

Chairman

Diversified

Surender Singh Kandhari

61

Al Dobowi Group

Chairman

Automobiles

Abdulla Amirudin Ajmal

62

Ajmal Perfumes

Deputy COO

Perfumary

Eugene A. Mayne

63

Tristar Group

Founder and Group CEO

Transportation and Logistics

Varghese Kurian

64

Al Namal Group and The VKL Group

Chairman

Real Estate and Construction

Ajay Hamlai

65

Al Bahja Group

Chairman and Managing Director

Diversified

Haji Moosa E.P.

66

Fathima Group of Companies

CEO

Retail

Vandana Luthra

67

VLCC

Founder

Beauty and Wellness

Ramesh Hiranandani

68

Hira Industries

CEO

Building Materials

Mahesh Shahdadpuri

69

TASC Outsourcing

Founder and CEO

Services

Shailesh Dash

70

Al Masah Capital and Regulus Capital

CEO

Investments

Khurshid Vakil

71

Marina Retail Corporation

Co-founder

Retail

Samir Salya

72

Reign Holdings

Group Chairman

Real Estate and Construction

Amit Dhamani

73

Dhamani Jewels Group

CEO and Managing Director

Jewelry

Ali Asgar Mir

74

IAS Media

Chairman and Managing Director

Media

Deepak Arora

75

DRA Group

Managing Director

Real Estate and Construction

Raju Menon

76

Morison Menon Group

Founder, Chairman and Managing Partner

Services

Praveen Kumar Shetty

77

Fortune Group of Hotels

Chairman

Hospitality

Sugathan Janardhan

78

Royal Furniture

Managing Director

Retail

Khalid Maniar

79

Crowe Horwath UAE

Founder and Managing Partner

Services

Kesavan Muraleedharan

80

SFC Group

Chairman and Managing Director

Food and Beverages

Nitish Jain

81

SP Jain School Of Business Management

President

Education

Poonam Bhojani

82

Innoventures Education

CEO

Education

Sudhakar Rao

83

Genimi Property Developers

Founder and Chairman

Real Estate and Construction

Mustafa Vazayil

84

Gargash Insurance Services

Managing Director

Insurance

Neelesh Bhatnagar

85

NB Ventures

CEO

Investments

Manohar Lahori

86

Palmon Group

Chairman

Diversified

Rafih FiLLi

87

FiLLi Caf�

Founder

Food and Beverages

Vito Gomes

88

Aviation Services Management (ASM)

Founder and CEO

Transportation and Logistics

Vivek Kallidil

89

Pravarthi Building Contracting

Managing Director

Real Estate and Construction

Bharat Thakur

90

Artistic Yoga

Chairman and Managing Director

Beauty and Wellness

S.K. Wadhawan

91

Samara Group of Companies

Chairman

Automobiles

Kulwant Singh Thiara

92

Lama Hospitality Group

Founder and Managing Director

Transportation and Logistics

Ved Sharan Chhabra

93

Inter Ocean Ship Repairs

Chairman and Managing Director

Transportation and Logistics

Sundar Menon

94

Sun Group International

Chairman and Managing Director

Industrials

Mohammad Tariq

95

Paradigm Pioneers

Chairman

Services

Tejinder Singh

96

360 Nautica & Quick Tickets

Founder and Managing Director

Services

Sajith Ansar

97

Idea Spice

Founder and CEO

Media

Ganesh Iyer

98

FLC Group

Managing Partner

Media

Gaurav Tandon

99

K Kompany Media Solutions

Managing Director

Media

Abishek Sharma

100

Foundation Holdings

CEO

Financial Services

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