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The EMKE Group boss Yusuffali M.A., who runs the Lulu chain of hypermarket, tops the list of 100 most powerful Indians in the Gulf.
Yusffali, who hails from Thrissur district of Kerala, has been placed at the top of the ‘100 Indian Power List’ of the six-nation Gulf Cooperation Council complied by the influential business magazine Arabian Business published in English and Arabic, for the fifth time in a row.
A Padmasree awardee and winner of the Pravasi Samman, Yusuffali also owns the Lulu Mall at Kochi, one of the largest malls in South India, and has substantial stakes in three Kerala-based private banks. His Lulu Group International, Arabian Business reported, has an annual turnover of $4.5 billion.
Ravi Pillai, Chairman of RP Group, comes second on the list. The RP Group, which employs 80,000, has the largest number of Indians working for it in the Gulf. The third place is held by Firoz Allana of the IFFCO Group. Others in the first ten are: Ashish Mehta, BR Shetty, Sanjeev Chadha, Raghuvinder Khataria, PNC Menon, Rizvan Sajan and Kabir Mulchandani.
Of the 100 powerful Indians in the Gulf, most are based in Dubai, which is part of the United Arab Emirates. In fact, 92 of the 100 are based in the UAE, nearly one-third of whose population is made up of expatriate Indians. Of the 100 powerful Gulf Indians, 20 are Keralites, including the first two.
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