January 29, 2019
The Indian business diaspora across the globe convenes at the annual International Congress of NRI’s of Indian Origin conclave on the eve of the Republic Day to honour the best businessman of the year. Continuing on that tradition the 70th Republic Day saw a new Hind Ratan Mr. Mohammed Mansoor, Managing Director of Exelon industries, Bahrain being felicitated in New Delhi.
International Congress of NRI’s
Mr. Mansoor has been at the forefront of the Industrial Revolution in Bahrain and has been the first few Indians to dominate the business scene in Manama. His contribution to the Industrial and social revolution of the Gulf State has been unparalleled. He has tied up with a host of Indian origin entrepreneurs to help build the Industrial sector in Bahrain. He recently brought in SRAM & MRAM Group to Bahrain to help build the SME Sector in Bahrain in connection with the ASEAN Nations. His partnership with Dr. Sailesh Hiranandani has been a symbiotic association which could benefit both the companies build their operations. Exelon with its boots on the ground expertise and SRAM & MRAM with its global presence can actually build the best possible business association for each other.
Dr. Hiranandani, is the Chairman of SRAM & MRAM Group, a global conglomerate founded in 1995 currently with 8 international alliances, 10 group companies, spread across 5 continents, 35+ locations, 300+ employees and a sales turnaround of USD 300 Million (FY 2016-2017). SRAM & MRAM Group’s core strengths are Agro-products and Information Technology, with footprints spread across multifarious services, verticals and operations viz., Neural Networks, Artificial Intelligence, Hedge Fund Management, FOREX Management, Hospitality Services & Solutions, Information Technology, Media & Publishing, Embedded Systems and Infrastructure.
Dr. Sailesh Lachu Hiranandani, a fund manager, whose penchant for investments in tech startups has been renowned. He has been the brain behind the USD 950 Mn Private Equity deal for Energy Start-up Cosmo Solutions helmed by Mr. Nitin Mahendraprasad Gupta. Mr. Gupta a technocrat and a electronics genius has been at the forefront of negotiations with heads of state of 3 governments viz. South Africa, India and Cambodia for setting up his manufacturing centre for all his patented products. Mr. Gupta was given a rousing welcome by Ms. Baleka Mbete, the speaker of the South African Assembly and was happy to launch all the products in Association with SRAM & Mr. Gupta. Currently Mr. Gupta is on a fact finding mission to launch the other products from his stable in both South Africa and the ASEAN. Mr.Gupta is in talks with the various dignitaries from the ASEAN to put up his ancillary offshoot of his products and has been receiving encouraging responses from almost all the countries he has been talking with. Mr. Gupta has agreed to partner with SRAM & MRAM and Dr. Sailesh Hiranandani on a long term basis and bring in a lot of his inventions to be marketed workwide with the help of SRAM Group and Dr. Hiranandani. In his latest acquisition, Dr. Hiranandani has in tie-up with Mr. Ajitabh Bachchan & his associates Dr. Jagvinder Singh Virk, Mr. Sunil Arora, Director, Mittal Infrastructure and Mr. Mahendra Joshi, Director, Mahendra Exports have decided to set up a base to work on various futuristic technologies predominantly in the alternative energy sectors and other solutions.
SRAM & MRAM is in the process of launching Hey Cab, a B2C cab hiring service on the lines of Uber and Grab in partnership with Master Tours and Travels owned by Mr. Rahul Shah in South Africa, Cambodia and India. It would be first of its kind service which will eventually integrate all B2B service providers under one platform and take e-hailing as a business to the next level.
SRAM Associates Mr. Prasanna Shah along with his partners Mr. Raghav Kapoor, Mr. Mohit Seth and Mr. Kalpesh Raigandhi have expressed their happiness at an Indian being on the forefront of the businesses in Bahrain.