Paras Shahdadpuri

Founder and Chairman of the Nikai Group of Companies, UAE

Paras Shahdadpuri is a former diplomat with the Indian Foreign Services, and has served in various Indian diplomatic missions in China, the US, Saudi Arabia and Libya. He quit the diplomatic career and started his business in UK in 1987. It was sheer coincidence that he happened to visit Dubai and experienced love-at-first-sight for this city. He soon moved to Dubai and set up his business. He is currently the Chairman of Nikai Group with business interests in electronics, appliances, food products, staffing outsourcing and restaurants, with offices in UAE, Oman, China, Saudi Arabia, Georgia, Russia and other countries. He is the founder of the Nikai brand, which has been named a Superbrand in 2011, 2016 and in 2017. In a short period, he has built a formidable electronics brand with over 400 products that compete with major Japanese and Korean brands. Nikai is exported to 60 countries and has over 55 million satisfied consumer base. With a view to giving back to the community, Shahdadpuri has taken keen interest in developing India-UAE business relations. The business community, represented by the Indian Business and Professional Council (IBPC), which is the only recognized body by the Dubai authorities, elected him with the highest votes as its President for the tenure 2009 to 2011. The business community, persistently urged him to return to IBPC, and he was again elected with the highest votes to take up the Presidentship for the tenure 2013 to 2015. Shahdadpuri developed IBPC as a catalyst for the growth of India-UAE economic, investment and trade relations, and nurtured close ties with UAE authorities and local business houses. This has helped the UAE become one of the biggest trading partners of India and vice-versa. Currently he is the Vice President of the high profile Business Leaders Forum comprising selected high net- worth Indian businessmen in UAE, Senior Emirati businessmen from UAE and other countries. Business Leaders Forum (BLF) is a UAE and regional based organization to support large scale investments in India and UAE and to help senior businessmen set up their ventures between the two countries and beyond. In lieu of Mr. Shahdadpuri’s invaluable involvement and contribution to the development and growth of the UAE Billiards and Snooker Association, HH Sheikh Juma bin Maktoum bin Juma Al Maktoum has appointed Mr. Shahdadpuri as an Honorary Board Member of the Association for the period of 2017-2020. Shahdadpuri was awarded the prestigious Bharat Shiromani Award in 2005 by former Prime Minister of India Shri I. K. Gujral for his outstanding achievements in business and community service. He was given the CEO International Achievement Award for the year 2012, the Industry Ingenious Award during the Powerbrands Hall of Fame function, and recognized for his contributions to the Global Electronics sector during the Middle East Business Leaders’ Summit 2013, besides a number of other awards for his outstanding achievements in business and social fields such as Bizz award for inspirational company. He was awarded the Indian innovator award by the prestigious BNC in 2016 and the Gulf Excellence Award by the NDTV network. He has been included in the 30 Most Powerful Indians in the GCC list. He has been repeatedly named as one of the top Indian leaders in the UAE by the famed Forbes and Arabian Business magazines. He was also featured as one of the 100 Most Influential Global Indians. Nikai Group was recognized with ISO 9001 certification in 2012, Dubai Quality Appreciation Award and the Sheikh Khalifa Excellence Award in 2013 and 2016. Nikai was also awarded the Dubai Service Excellence Award for 2015 cycle. Shahdadpuri is involved in community development not only in his native country India, but also in the UAE. He contributed handsomely to Dubai Cares, an initiative of the Dubai Government, and is also an active member of the Rotary Club in Dubai. In the education field, under the patronage of His Highness Sheikh Nahayan bin Mubarak Al Nahayan, UAE Minister of Culture, Youth and Community Development (Former Minister of Higher Education and Scientific Research), Shahdadpuri instituted an “Award for Excellence in Innovative Teaching” to the best teacher and an “Award for Recognition of Outstanding Achievement” to the best student in the Higher Colleges of Technology of UAE. When it comes to charity he has always led by example, by supporting groups like Dubai Autism Group, Al Noor Training Centre for Children with Special Needs, Rashid Centre for the Disabled and innumerable charities back home as well. Shahdadpuri has been a subject of case study as a diplomat-turned-entrepreneur in various universities, and has appeared in various TV channels and other media in the UAE, China and India.