Top 100 Indian Business Owners In The Arab World 2018

Indians, Owners, Business

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.

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

1Yusuff Ali M.A.LuLu Group InternationalChairman and Managing DirectorRetail
2B. R. ShettyBRS Ventures/ NMC HealthFounder and ChairmanDiversified
3Ravi PillaiRP Group of CompaniesFounder and ChairmanReal Estate and Construction
4Sunil VaswaniStallion GroupGroup ChairmanDiversified
5Sunny VarkeyGlobal Education Management Systems (GEMS)ChairmanEducation
6Shamsheer VayalilVPS HealthcareChairman and Managing DirectorHealthcare
7Joy AlukkasJoyalukkas GroupChairman and Managing DirectorJewelry
8Rizwan SajanDanube GroupFounder and ChairmanDiversified
9Shaji Ul MulkMulk HoldingsChairmanDiversified
10Basheer KunhiparambathWestern International GroupChairmanDiversified
11Thumbay MoideenThumbay GroupFounder PresidentDiversified
12Gagan GoelEssel Group Middle EastChairman and Managing DirectorOil and Natural Resources
13P.N.C. MenonSobha GroupFounder and ChairmanReal Estate and Construction
14Roy C.J.Confident GroupFounder and ChairmanReal Estate and Construction
15Azad MoopenAster DM HealthcareFounder Chairman and Managing DirectorHealthcare
16Shamlal AhamedMalabar Gold and DiamondsManaging Director International OperationsJewelry
17Adeeb AhamedLulu Financial GroupManaging DirectorFinancial Services
18Paras ShahdadpuriNikai GroupChairmanElectronics
19Ashok Bhawandas AwtaniNeelkamal Group of CompaniesChairman and Managing DirectorDiversified
20Siddeek AhmedEram GroupChairman and Managing DirectorDiversified
21Tony JashanmalJashanmal GroupGroup Executive DirectorRetail
22Sudhir GoyelGP GlobalManaging DirectorOil and Natural Resources
23Ramesh RamakrishnanTransworld GroupChairmanTransportation and Logistics
24Yogesh MehtaPetrochem Middle EastCEOOil and Natural Resources
25Firoz MerchantPure Gold GroupFounder and ChairmanJewelry
26Jayant GanwaniLal's GroupCEODiversified
27Birbal Singh DanaDana Group of CompaniesChairman and Managing DirectorIndustrials, Retail
28Anand KapoorMidcom GroupFounderFood and Beverages
29Harish TahilianiArab India SpicesManaging DirectorFood and Beverages
30Dhananjay M. DatarAl Adil Trading CompanyManaging DirectorRetail
31Rajan MathraniElekta GulfManaging DirectorElectronics
32Kamal VachaniAl Maya GroupGroup DirectorRetail
33J.P. KalwaniAl Safeer GroupChairman and CEORetail
34Pradeep Kumar HandaRoyale Hayat Hospital / KAPICO Group Holding CompanyChairman/ Vice Chairman and Group CEODiversified
35Naresh BhawnaniWest Zone GroupFounder and ChairmanRetail
36Bharat BhatiaConaresCEOIndustrials
37Hassan DarveshDARVESHChairmanDiversified
38Kiran AsherAl Ansari Group of CompaniesGroup Managing DirectorDiversified
39Faizal KottikollanKEF HoldingsFounder and ChairmanDiversified
40Asgar S. PatelHouse of PatelsChairmanTransportation and Logistics
41Harshad Mehta7CsFounderJewelry
42Jacky PanjabiJacky's Group of CompaniesManaging DirectorRetail
43Korathe MohammadK. M. Trading GroupChairman and Managing DirectorRetail
44Dr. Zulekha DaudZulekha Healthcare GroupFounder and ChairpersonHealthcare
45Kabir MulchandaniFIVE HoldingsChairman and CEOReal Estate and Construction
46Vardaraj ShettyRamee Group of Hotels and ResortsChairman and Managing WorkerHospitality
47Kamal PuriSkyline International Group LimitedChairmanEducation
48Lalu SamuelKingston HoldingsChairman and Managing DirectorTrading and Distribution
49Shafi Ul MulkGlobal Hawk DiagnosticsChairmanHealthcare
50Sohan RoyAries Group of CompaniesFounder Chairman and CEODiversified
51Sudhakar TomarHakan AgroManaging DirectorFood and Beverages
52Vasu ShroffRegal GroupChairmanDiversified
53Ajay BhatiaBhatia BrothersManaging DirectorDiversified
54George V NereparambilGeo GroupChairman and Managing DirectorDiversified
55Hitesh MehtaRenish PetrochemChairman and Managing DirectorOil and Natural Resources
56Thomas K. V.Thomsun Group of CompaniesManaging DirectorDiversified
57Thomas AlexanderAl Adrak Group of CompaniesChief Executive DirectorReal Estate and Construction
58G.B. JethwaniGeebee GroupChairmanIndustrials
59Atul AhujaFlemingo InternationalCEORetail
60Ram BuxaniITL Cosmos GroupChairmanDiversified
61Surender Singh KandhariAl Dobowi GroupChairmanAutomobiles
62Abdulla Amirudin AjmalAjmal PerfumesDeputy COOPerfumary
63Eugene A. MayneTristar GroupFounder and Group CEOTransportation and Logistics
64Varghese KurianAl Namal Group and The VKL GroupChairmanReal Estate and Construction
65Ajay HamlaiAl Bahja GroupChairman and Managing DirectorDiversified
66E.P. Moosa HajiFathima Group of CompaniesChairmanRetail
67Vandana LuthraVLCCFounderBeauty and Wellness
68Ramesh HiranandaniHira IndustriesCEOBuilding Materials
69Mahesh ShahdadpuriTASC OutsourcingFounder and CEOServices
70Shailesh DashAl Masah Capital and Regulus CapitalCEOInvestments
71Khurshid VakilMarina Retail CorporationCo-founderRetail
72Samir SalyaReign HoldingsGroup ChairmanReal Estate and Construction
73Amit DhamaniDhamani Jewels GroupCEO and Managing DirectorJewelry
74Ali Asgar MirIAS MediaChairman and Managing DirectorMedia
75Deepak AroraDRA GroupManaging DirectorReal Estate and Construction
76Raju MenonMorison Menon GroupFounder, Chairman and Managing PartnerServices
77Praveen Kumar ShettyFortune Group of HotelsChairmanHospitality
78Sugathan JanardhanRoyal FurnitureManaging DirectorRetail
79Khalid ManiarCrowe Horwath UAEFounder and Managing PartnerServices
80Kesavan MuraleedharanSFC GroupChairman and Managing DirectorFood and Beverages
81Nitish JainSP Jain School Of Business ManagementPresidentEducation
82Poonam BhojaniInnoventures EducationCEOEducation
83Sudhakar RaoGemini Property DevelopersFounder and ChairmanReal Estate and Construction
84Mustafa VazayilGargash Insurance ServicesManaging DirectorInsurance
85Neelesh BhatnagarNB VenturesCEOInvestments
86Manohar LahoriPalmon GroupChairmanDiversified
87Rafih FiLLiFiLLi Caf�FounderFood and Beverages
88Vito GomesAviation Services Management (ASM)Founder and CEOTransportation and Logistics
89Vivek KallidilPravarthi Building ContractingManaging DirectorReal Estate and Construction
90Bharat ThakurArtistic YogaChairman and Managing DirectorBeauty and Wellness
91S.K. WadhawanSamara Group of CompaniesChairmanAutomobiles
92Kulwant Singh ThiaraLama Hospitality GroupFounder and Managing DirectorTransportation and Logistics
93Ved Sharan ChhabraInter Ocean Ship RepairsChairman and Managing DirectorTransportation and Logistics
94Sundar MenonSun Group InternationalChairman and Managing DirectorIndustrials
95Mohammad TariqParadigm PioneersChairmanServices
96Tejinder Singh360 Nautica & Quick TicketsFounder and Managing DirectorServices
97Sajith AnsarIdea SpiceFounder and CEOMedia
98Ganesh IyerFLC GroupManaging PartnerMedia
99Gaurav TandonK Kompany Media SolutionsManaging DirectorMedia
100Abishek SharmaFoundation HoldingsCEOFinancial Services