An Indian-origin Billionaire From Kerala, Draws Gulf Investors At Daughter’s Wedding
Category: Kuwait
an-indian-origin-billionaire-from-kerala,-draws-gulf-investors-at-daughter’s-wedding_kuwait
Immigrate to Canada or Australia
Study In Abroad

An Indian-origin billionaire from Kerala is so much in love with his roots that he wants his fellow businessmen in the Middle East to realise why this place is described as God’s own country. B. Ravi Pillai has invited hundreds of them to Kerala for his daughter’s wedding later this month so they can see for themselves why Kerala should be their favoured destination for investment.

“I am bringing in guests from over 40 countries and it includes CEOs and presidents besides numerous Royal family members from the Middle East. Most of them are coming to India for the first time. They will stay in Kerala for a week,” he told reporters here on Monday.

“My main aim is to sell Kerala to them as a destination for their investments,” said Pillai. Pillai, 62, who hails from Kollam district near here, is based in the Middle East and has been ranked by Forbes in the World’s Billionaires list at 988 and at 30 in India.

Ahead of his daughter’s marriage, to be held at Kollam on November 26, Pillai has launched a massive charity programme to benefit over 10,000 people at places where he has business interests at Kovalam, Kollam and Chavara in the state.

“Rs.10 crore (Dh556,592) have been set aside for the charity and it would include financial assistance to cancer patients. I have been working in the Middle-East for 35 years and I am spending my hard earned money and not availing a bank loan to celebrate the wedding of my daughter,” said Pillai.

Ranked as the fourth most powerful Indian in the Middle East in 2014, Pillai owns the R.P. Group and today he provides direct employment to 85,000 people, mostly in the Middle-East countries. “By March next year the total employees would cross one lakh. In two years, my $1.5 billion hospitality project in Dubai will be commissioned,” added Pillai.

Of his projects in Kerala, Pillai said he is concentrating in the hospitality and IT sectors. He already owns two five-star hotels in the state and a third is to be opened early next year.

“I would be willing to invest in PPP (public-private partnership) projects in Kerala as there is huge potential in mineral separation projects. There is tremendous demand for products like titanium and similar products, obtained from the sea sands, in certain parts of Kerala,” Pillai added.

 

SOURCE : GULFNEWS

17 Nov, 2015 0 2165
Posted Comments
Popular News
5-indian-women-kidnapped-and-sexually-assaulted-in-a-desert_kuwait
5 Indian Women Kidnapped And Sexually Assaulted In A Desert Kuwait Personnel from the Criminal Investigation Department are looking for an unknown individual for impersonating detective and kidnapping five Indian women were in a taxi ride when the suspect orde... August 14, 2019 0 2718 Category: Crime News
indian-found-seminaked_kuwait
Indian Found Semi-naked The security personnel have identified an Indian through fingerprints who was found semi-naked and unconscious inside the bathroom of the Mubarakiya market, reports Al-Rai daily When someone informed ... August 15, 2019 0 1972 Category: Crime News
issue-of-sikh-temple-in-kuwait-draws-mixed-reaction-from-public_kuwait
Issue Of Sikh Temple In Kuwait Draws Mixed Reaction From Public The issue of the Sikh temple or Gurdwara that was discovered in a remote area of Sulaibikhat where the Sikhs allegedly perform their rituals is believed to be illegal because the site has not been use... August 16, 2019 1 818 Category: Kuwait
queries-raised-over-sikh-temple-in-kuwait_kuwait
Queries Raised Over Sikh Temple In Kuwait A group of Indian Sikhs have founded the ‘Sulaibiya Gurdwara’ (Sikh Temple) in Sulaibiya that is clearly visible on Google Maps and Google Earth, what is considered illegal, shocking and s... August 15, 2019 0 788 Category: Kuwait
79-people-arrested-in-eid-holiday-roundup_kuwait
79 People Arrested In Eid Holiday Roundup Kuwait Securitymen arrested at least 79 people during Eid holiday, detaining 61 illegal labor for violating residency law, 9 under article 20, 9 on visit visa, they were referred to the deportation de... August 15, 2019 1 781 Category: Crime News
cheated-by-a-car-mechanic_kuwait
Cheated By A Car Mechanic I’m a frequent reader of your legal clinic column and want to thank you for the good advice you provide. I have a problem. I had given my car to a Pakistani mechanic in Shuwaikh Industrial Area ... August 15, 2019 0 754 Category: Legal
shoun-rejected-to-change-bcom-degree-to-accountants-designation_kuwait
Shoun Rejected To Change B.COM Degree To Accountants Designation I am working as an accountant since 2012 to present, I am a degree holder (BCom. Calicut University). Three years ago my company tried to change my profession as accountant but the Shoun rejected thei... August 16, 2019 0 730 Category: Legal
kuwait-hit-in-pyongyang-cyberattack_kuwait
Kuwait Hit In Pyongyang Cyberattack UN experts say they are investigating at least 35 instances in 17 countries of North Koreans using cyberattacks to illegally raise money for weapons of mass destruction programs – and they are c... August 14, 2019 0 458 Category: International
indian-arrested-for-insulting-retired-majorgeneral-_kuwait
Indian Arrested For Insulting Retired Major-general A retired major-general has filed a complaint with the police accusing an Indian of insulting him, reports Al-Rai daily. According to the complainant this happened over the priority right to drive aft... August 14, 2019 0 382 Category: Crime News
csc-has-lifted-the-ban-on-the-recruitment-of-expats-in-moh_kuwait
CSC Has Lifted The Ban On The Recruitment Of Expats In MOH The Civil Service Commission (CSC) has lifted the ban on the recruitment of non-Kuwaitis to fill up 193 medical posts in the Ministry of Health, reports Al-Anba daily. The daily obtained a copy of ... August 15, 2019 0 357 Category: Kuwait
View All
Popular Offers
special-offers in kuwait
Special Offers
crazy-offers in kuwait
Crazy Offers
costo-promotions in kuwait
Costo Promotions
freedom-sale in kuwait
Freedom Sale
city-centre-offers in kuwait
City Centre Offers
Popular Events
08 Nov, 2019
0
121
Category : Sports & Fitness
17 Aug, 2019
0
108
Category : Music
15 Aug, 2019
0
107
Category : Other
06 Nov, 2019
0
101
Category : Music
30 Aug, 2019
0
99
Category : Other
Kuwait Local News
Kuwait News
Crime News New Rules Entertainment
Entertainment