100 most powerful Indians in the Gulf
Sat 13 Oct 2012 04:14 PM
Paras Shahdadpuri
70

Paras Shahdadpuri

Industry: Retail

Company: Nikai Group

Designation: Chairman

A former diplomat who quit his job with India’s Ministry of Foreign Affairs and started his own business in 1988, Shahdadpuri is no stranger to taking risks. Currently chairing the twelve companies of the Nikai Group, he has built up a formidable brand that competes with major Japanese and Korean rivals. Nikai now has a range of around 400 products with over 15 million consumers in about 60 countries. It has become a household name and it has earned Shahdadpuri the nickname ‘Mr Reliable’. Shahdadpuri is also president of the Indian Business & Professional Council, a role he relishes by promoting Indian companies and investment abroad.

He was awarded the prestigious Bharat Shiromani award in 2005 in recognition of his many achievements.

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