New hospitality ventures in India by P Mohamed Ali Under MFAR group of companies
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.
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 RenukaJagtiani 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 70’s and they both are now well established into the middle-east market.
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.
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.