Forbes Middle East Unveils The Top Indian Business Leaders 2018

Forbes Middle East Unveils The Top Indian Business Leaders 2018
At Its Sixth Annual Event

His Excellency Navdeep Singh Suri, Ambassador of India to the U.A.E., attended the prestigious event and delivered the keynote speech.


Retail Mogul Yusuff Ali M.A, Managing Director of Lulu Group International tops the list of Indian business owners.
Mr. Sanjiv Kakkar, Executive Vice President for the Middle East, North Africa, Turkey, Russia, Ukraine and Belarus at Unilever International tops the ranking of Indian executives.
Indian billionaires, with a collective net worth of $26.4 billion, are significantly contributing to the economy by heavily investing in the region as well as in India

Dubai UAE, May 9, 2018: Forbes Middle East has once again hosted a glittering gala to celebrate the Top Indian Leaders in the Arab World. The event was attended by the region’s most influential Indian business tycoons and executives who 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 and we are privileged to have these leaders being ambassadors to the U.A.E. and bridging the gap between the two countries.

“Indian leaders have not only stood out in business successes in the Arab World but 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 that we see these Indian business leaders come together under one roof to 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, Founder and Chairman of NMC Health and BRS Ventures, and Ravi Pillai, Founder and Chairman of RP Group of Companies.

The executives’ category is led by Sanjiv Kakkar, Executive VP for the Middle East, North Africa, Turkey, Russia, Ukraine and Belarus at Unilever, followed by Kalyana Sivagnanam, President and Regional VP at Nissan for the Middle East, Africa and India, and Adnan Chilwan, Group CEO at Dubai Islamic Bank.

Methodology

The information was collected from questionnaires, annual reports of companies, 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: On the basis of 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 is being hosted in partnership with Dubai-based financial services company – Morgan Gatsby, iCareInsure, who caters to clients internationally on Global Insurance and legacy planning; Radio 4 – 89.1 FM as exclusive radio partner; Sony TV, MMTV and Manorama News as television partners.

The complete list can be viewed at:
Business owners: https://www.forbesmiddleeast.com/en/list/top-100-indian-business-owners-in-the-arab-world-2018/
Executives: https://www.forbesmiddleeast.com/en/list/top-50-indian-executives-in-the-arab-world-2018/
Next generation: https://www.forbesmiddleeast.com/en/list/top-indian-leaders-next-generation-2018/

About Forbes Middle East

Forbes Middle East is a licensee of Forbes Media and extends the Forbes brand of journalism across the Arab world. Forbes Middle East’s distinctive editorial style attracts a readership of Arab leaders, entrepreneurs, C-level executives, government officials and investors united by a belief in the spirit of free enterprise and entrepreneurial values.

Across the region, Forbes Middle East sets the pace for preemptive business journalism. By uncovering trends and anticipating opportunities in the regional marketplace, each monthly issue brings top executives the information critical to their success – in both Arabic and English language editions.
The magazine researches and publishes original rankings, based on methodologies set by Forbes Media.
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For more information, please visit http://www.forbesmiddleeast.com or follow us social on Facebook, Twitter and LinkedIn.

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