Ram Buxani came to Dubai in 1959. He was 18 and the journey took five days by boat. He arrived to a city where there was no running water, no airport, no electricity, no roads, no telephone, and no oil.
What it did have, even back then, was a welcoming attitude to traders and hardworking expats. And Buxani was both of these things. Starting out as an office clerk with a small firm trading in textiles, he rose through the ranks to become head of one of the country’s biggest and oldest businesses.
International Traders Limited Cosmos Group (ITL Cosmos Group) spans the UAE, Oman and India. While textiles account for around 30 percent of revenues, it also deals in electronics and home appliances, information technology and hospitality, and represents a wide number of global brands.
Spearheading its growth, Buxani is well-respected in the industry and has long been a prominent community leader among the UAE’s non-resident Indian (NRI) population. His influence is perhaps best illustrated by his role, way back in 1985, in helping convince the Indian government to abolish estate duty.
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