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Dubai-based Indian tycoon- Vidya Manohar Chhabria
Fortune magazine's list
of 'World's top 50 corporate women


November 04, 2003
Mumbai:

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 overseas divisions).

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 global entity.

 

 

 

Vidya Manohar Chhabria