IPL 2010 - Chhabria Family
Posted inUncategorized Indian Power List 2010

Chhabria Family

Company: Jumbo Group

Designation: Partner

From humble beginnings as a radio-parts trader in Mumbai, to his final role at the helm of electronics conglomerate Jumbo Group, the late Manohar ‘Manu’ Chhabria was a business force to be reckoned with. His aggressive acquisitions of brands including Shaw Wallace, Mather & Platt and Dunlop India, to name just a few, earned him the nickname ‘takeover tycoon’. Following Chhabria’s death in 2002, aged 56, his wife, Vidya, and three daughters, Komal, Bhavika and Kiran, took over the running of his business empire. Today, despite legal wrangling over Manu’s estate, and the impact of the global recession on a number of the firm’s brands, the Chhabrias remain one of Dubai’s most prominent expatriate success stories.

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