Indian tycoon- Vidya Manohar Chhabria
Fortune magazine's list of 'World's top 50 corporate women
November 04, 2003
Vidya Manohar Chhabria, chairperson of the $2-billion
Jumbo group, and Naina Lal Kidwai, vice-chairman and managing
director, HSBC Securities and Capital Markets (India), are the
two women from India to figure in the list of top-50 most powerful
women in international business by Fortune magazine.
Chhabria has been ranked 38, moving up six notches
from last year. Kidwai, who featured for the fourth consecutive
time, figures 47 in the annual ranking list of the latest issue
of Fortune magazine.
"The International Power 50 is composed of
women who have an operating role in profit businesses outside
the US (including women based in the US who run overseas divisions),"
the magazine said.
Chairman of the Jumbo Group, Vidya Manohar Chhabria,
has been featured in the Fortune magazine's list of 'World's top
50 corporate women' more than once. The "International Power
50" consists of women who have an operating role in business
profit outside the US (including women based in the US who run
The Fortune magazine, while selecting Chhabria for
the third annual ranking of the 'International Power 50', lauded
the efforts of the 55-year-old industrialist in taking up the
challenge of running the group. Chhabria, who was ranked 44 in
2002, has climbed to the 38th rank in 2003.
She runs the group's 28 businesses with the help
of her three daughters and a committed staff of nearly 20,000
people. The Dubai-based Jumbo Electronics, is claimed to be the
largest distributor of Sony products in the world.
The interests of the Jumbo Group include consumer
electronics and durables, tyres and tubes, brewing and distilling
products, chemicals, machinery and equipment. The group's Indian
companies have interests in brewing and supply-chain management.
She manages to also attend to household chores and
spend time with her daughters. A great lover of Indian cuisine
and music, at present, her dream is to develop Jumbo as a focused