Manu Chhabria

Manu Chhabria
Manu Chhabria
Born Manohar Rajaram Chhabria
1946
Died 5 April 2002
Mumbai
Education Harvard University
Religion Hindu

Manohar Rajaram Chhabria (Hindi: मनोहर राजाराम छाबरिया) (1946 – April 6, 2002), commonly known as Manu Chhabria was an Indian businessman based in Dubai, and the owner of the $ 1.5 billion transnational conglomerate, Jumbo Group. He was also the owner of well-known liquor brand Shaw Wallace, over more than 50 per cent of his business in India spread over six companies such as Mather & Platt, Dunlop India, Hindustan Dorr Oliver, Falcon Tyres and Gordon Woodroffe, the total asset value of these companies ran to about $600 million [1][2][3]

Contents

Career

A graduate of Harvard University, Chhabria started his career by joining his family business of trading radio assemblies and electronic components in Mumbai. Thereafter he moved to Dubai in 1973, here he set up the Jumbo Group as Jumbo Electronics, the sole distributors of Sony in UAE in 1974 in Dubai and during the 1980s expanded his Indian operations through a series of takeovers, most notably he acquired Dunlop jointly in 1984 with R. P. Goenka (RPG Group), and became the single largest shareholder when he bought out RPG’s stake [4][5][6][7].

Death

He died in Mumbai April 6, 2002, following a heart attack, at the age of 56. He was survived by his wife Vidhya Manohar Chhabria, whom he handed over the reins of his companies before his death, and three daughters, Komal Chhabria Wazir, an executive director in his firm, Shaw Wallace and Company, Bhavika Godhwani with Hindustan Dorr Oliver and Kiran Chhabria worked for Jumbo in Dubai [2][4][8].

References

External links



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