2013's most powerful Indians in transport

DP World CFO Yuvraj Narayan ranks among the list of the region's most powerful Indians in the sector
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Yuvraj Narayan Chief financial officer, DP World --- One of our big hitters from the corporate world, Yuvraj Narayan has served as chief financial officer at DP World since 2005. The Dubai based firm is the third-largest ports company in the world, and continues to expand aggressively into emerging markets. Among his many achievements at DP World include delivering both the Middle East’s first long-dated, rated conventional 30-year $1.75bn bond issue and the firm’s $21bn IPO, the largest in the Middle East. More recently, he also handled DP World’s listing in London.
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Asgar Shakoor Patel, group chairman, House of Patels --- Half a century ago, a Mumbai-based salesman borrowed enough money to buy a lorry and enter the trucking business. That man was Asgar Patel, and the company became Patel Roadways, one of India’s biggest transport and logistics names. Patel has used his business acumen to grab slices out of other global markets, including finance and remittances. He is now setting up a venture capital fund in Dubai.
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K Rajaram CEO, Al Naboodah Motors --- They call him “Motor Man” and last year Rajaram found global fame when he brought superstar Jennifer Lopez to Dubai to open the new Audi showroom. But most of the time, he is surrounded not by celebs but Porsches, Volkswagens and Audis. The company, established in 1976, is the dealer in Dubai and the Northern Emirates for all three luxury car brands — and is now the world’s biggest Porsche dealership. Rajaram has been a major player in the UAE’s automotive trade, having resided here for the past fifteen years. He oversees five showrooms in Dubai, Sharjah and Fujairah.
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Ramesh Ramakrishnan, chairman, Transworld --- As the chairman of the Transworld Group of Companies (TGC), Ramesh Ramakrishnan has become a well-respected businessman in the logistics industry thanks to his success in creating one of the region’s biggest shipping empires. As a commerce graduate from the University of Mumbai, he relocated to Dubai to take the helm of the company. Established in 1976 by R Sivaswamy, TGC started off as a shipping agency in Bombay. The group has now diversified into a multi-faceted shipping and logistics company. Headquartered in the Jebel Ali Free Zone, Transworld has offices in the US, Saudi Arabia, Oman, Kuwait, Sri Lanka and Pakistan, alongside offices in 28 Indian cities.
Sun 06 Oct 2013 08:42 AM GST