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