Forbes Middle East Unveils The Top Indian Business Leaders 2018 At Its Sixth Annual Event.
Forbes Middle East hosted a glittering gala on May 8, 2018. The event celebrated the Top Indian Leaders in the Arab World. The region’s most influential Indian business tycoons and executives attended the event. They have achieved phenomenal success in the Arab world.
H.E. Navdeep Singh Suri, Ambassador of India to the U.A.E., applauded the Indian expat community across the globe. Sharing his insights, he said “The Indian community across the U.A.E. holds key positions in every walk of life. The work Indian leaders are doing in the region displays the finest aspects of India. We are privileged to have these leaders as ambassadors to the U.A.E. They bridge the gap between the two countries.
Top Indian Business Leaders
“Indian leaders have excelled in business successes in the Arab World. They have also started contributing back to India across sectors like healthcare, retail, construction, hospitality, and manufacturing. Helping to create jobs and better infrastructure in India.”
The Indian community is one of the most populous and successful expat communities in the Gulf. Indian billionaires in the Gulf have a collective net worth of around $26.4 billion. These business stalwarts are today investing heavily in the region as well as in India.
Khuloud Al Omian, Editor in Chief of Forbes Middle East, said: “It is very rare for these Indian business leaders to meet. They gather under one roof. They celebrate their success and set an example for the coming generation.” These events lay a benchmark for the new generation to achieve even greater heights in their own journeys.”
This year’s list consists of 100 business owners and 50 Indian executives.
Yusuff Ali M.A., Managing Director of Lulu Group International, leads the business owners’ category, followed by B.R. Shetty. He is the Founder and Chairman of NMC Health. He is also the Chairman of BRS Ventures. Additionally, Ravi Pillai is the Founder and Chairman of RP Group of Companies.
The executives’ category is led by Sanjiv Kakkar. He is the Executive VP for the Middle East, North Africa, Turkey, Russia, Ukraine and Belarus at Unilever. Kalyana Sivagnanam follows. He is the President and Regional VP at Nissan for the Middle East, Africa and India. Adnan Chilwan, the Group CEO at Dubai Islamic Bank, is also prominent.
Methodology
The information required to rank the owners and executives was collected from questionnaires and annual reports of companies. It also came from government and industry body statistics as well as companies. Individuals who requested not to be on the list were excluded.
The criteria for selecting top Indian owners were based on:
- 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: Based on the quality and reliability of the information provided
The criteria for selecting top Indian executives were based on:
- Financial impact – Revenues of the company irrespective of ownership stake;
- Employment impact – Number of employees;
- Experience – Total work experience and experience in the current role
- Title – The importance of the role in the organization
The event was hosted in partnership with Dubai-based financial services company – Morgan Gatsby. iCareInsure caters to clients internationally on Global Insurance and legacy planning. Additionally, Radio 4 – 89.1 FM as exclusive radio partner; Sony TV, MMTV and Manorama News as television partners.
Article by the Forbes Middle East Magazine online. Click here to view the article.
The ASM Founder and CEO became the Forbes Top Indian Leaders list (Middle East)’ permanent resident in 2010. This May 2018, Mr. Gomes was recognized again, with his ranking rising by eleven positions to number 88.
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