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New Hospitality Ventures in

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The business tycoon from the middle-east to set up hospitality and tourism structure under MFAR – PowerPoint PPT presentation

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Title: New Hospitality Ventures in


1
New hospitality ventures in India by P Mohamed
Ali
  • Under MFAR group of companies

2
Expats in Middle-East
  • Indians contribute to the largest expat
    population in the middle-east. As good as 30 of
    the total population in UAE are Indians.
  • This 30 mainly consists of south Indian
    population from the states like Kerala and Tamil
    Nadu, the people who have migrated there in
    search of business opportunity.
  • People have often explored middle-east as an
    opportunity behind the deserted land to set up
    their business and expand in that region
    increasing their empire. But many of the
  • Indians have explored the UAE and looked forward
    for starting up with their business venture.

3
The two big business tycoons of Middle-East
  • Among the many businessman are the two famous
    Indians Micky Jagtiani and P Mohamed Ali, the
    business tycoons.
  • Micky Jagtiani is called as the business
    retailing Juggernaut of the middle-east who now
    has the personal wealth worth 5.2 billion
    dollars.
  • Apart from that he also is the owner of many
    other food chain and beverage units. His wife
    Renuka Jagtiani also runs his other arms of the
    business like hotels, fitness gyms, healthcare
    and confectionery.
  • Both P Mohamed and Micky Jagtiani started their
    business in the middle-east in the in the early
    70s and they both are now well established into
    the middle-east market.

4
Hospitality centers by P Mohamed Ali in India
  • Similar is the case with P Mohamed Ali who left
    the country, India for a better opportunity and
    to explore his entrepreneurial skills.
  • After completing his civil engineering, he worked
    did quite a few jobs which of course did not
    satisfy his thirst to become something by
    starting of his own
  • P Mohamed Ali is now aiming back to his country
    as opportunity to come up with major ventures in
    hospitality and tourism sector.
  • He has already set up an extended arm of Galfar
    in India named MFAR that will look after all the
    luxurious hotels.

5
About the ventures
P Mohamed Ali claims that though there are
several good hotels already in India, the
Hospitality and the Tourism sector are growing
more than ever and people like such hotels to
relax and lower their day to day stress. MFAR has
already set up commercial complexes and a few of
residential projects.
6
Thank you!
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