50 Most Powerful Indians in the UAE 2017
Mon 02 Oct 2017 06:41 AM
Raju Shroff
46

Raju Shroff

Industry: Diversified

Company: Regal Group

Designation: Managing director

The Regal Group was launched way back in 1952 on the banks of the Dubai Creek by Vasu Shroff. Over the decades it has grown to become one of the region’s most successful ever textile companies.

However, that is just the tip of the iceberg for Regal Group, which has since expanded into sports, technology, investments, industry and real estate.

As managing director, Shroff has propelled the family firm forward. A graduate of the London School of Business he has always had an eye firmly focussed on what can be done next.

His firm is partnering on the UAE’s first Vivanta by Taj, a 46-storey combination of hotel rooms and branded apartments, currently under construction in Dubai’s Jumeirah Lake Towers (JLT) area, and expected to be completed by the end of October 2018.

He is also relentless in ensuring that Regal Group stays ahead in every vertical in which it operates, guided by a business philosophy that amounts to just three obvious words: ‘Keep it simple’.

That may sound obvious, but as Warren Buffet famously said, ‘investing is simple but not easy’. Shroff would no doubt agree.