Company: Regal Group
Designation: Managing Director
Long ago, in 1952, Vasu Shroff founded the Regal Group on the banks of Dubai Creek. In the decades that followed, the company – now with Raju at the helm – has grown to become one of the region’s most successful textile companies. The company, however, has moved far beyond its traditional core business, and has expanded into spots, technology, investments, industry and real estate.
Raju – a graduate of the London Business School – has a keen eye for what the company’s next steps should be. Among the best example is the firm’s 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 Lakes Towers area. According to Regal Group, the project will be completed by the end of the year.
Driven by the familiar business maxim of “keep it simple” – Shroff is also working to ensure Regal Group remains a strong player in all its business verticals, ensuring that a longstanding company continues to be successful in the future.