Lulu Hypermarkets boss Yusuffali MA has topped the Arabian Business Indian Power List for the second successive year. However, the retailer was one of the few rankings not to change in the 2012 list.
The founding shareholder of Bharti Airtel, Raghuvinder Kataria, was ranked second, with IFFCO Group’s Feroz Allana in third place. Saudi Arabia-based construction mogul Ravi Pillai took fourth place, ahead of Landmark Group founder Micky Jagtiani.
The 2012 list is dominated by retailers, who account for 26 places on the list, ahead of bankers and industrialists with 24 spots. The healthcare industry is also well represented with eight positions, the same number as construction and real estate.
Ed Attwood, editor of Arabian Business, said: "This list is the most comprehensive guide to Indian success in the region. With close to 4m Indians living in the GCC, it is clear that they have made a huge contribution to the growth of the region’s economies. But our list is not just full of business leaders – it includes scientists, doctors, artists and sports stars."
The list is being officially launched at a gala dinner held at Dubai's Madinat Jumeriah Hotel on Tuesday 16 October, hosted by the Consul General of India HE Sanjay Verma. All 100 individuals on the list are invited to the event, along with 300 other VIPs.
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