The UAE’s business community is mourning the death of businessman Manohar Rajaram Chhabria, the founder and chairman of Jumbo Electronics Company, who died of a heart attack in Mumbai on Saturday, April 6, 2002.
Chhabria, who set up the $ 1.5 billion Jumbo Group in Dubai in 1974, died at the Jaslok Hospital in Mumbai, where he was undergoing treatment following a bypass surgery on March 17. He was 56 at the time of his death and is survived by his wife and three daughters.
Chhabria, played a key role in the consumer electronics business in Dubai. In 1974, Chhabria started his enterprise with a modest capital base. Today it has grown into one of the United Arab Emirates (UAE)'s first transnational corporations with a global presence.
A Harvard University business graduate, Chhabria also headed many Indian companies including Shaw Wallace, tyre manufacturer Dunlop, Hindustan Dorr-Oliver and Mather and Platt. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
